Nate & The 12:45 Team Did It Again
Call Nate: 571-494-1245

Email Nate - NateJohnson@1245team.com
Nate Johnson is a licensed Realtor serving VA, MD & DC

Saturday, July 24, 2010

Fairfax Ridge Townhomes and Condos Weekly Sales Report for 7/16/10 - 7/24/10

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION
The only thing selling here at Fairfax Ridge are Short sales.  There are 17 under contract right now, 11 are short sale. Short sales are taking 3-5 months to close, if you have a good agent and negotiator. We are having very good luck with Chase in negotiating our short sales and making sure the sellers do not have to repay their debt.

We also just listed a 2bd/2ba condo and we have one under contract and we sold one last month!  All of these are short sales.

If you are thinking about buying or selling here at Fairfax Ridge
Contact me

As of today (July 24, 2010 4:00 PM), there are  6 active homes in the MLS and 16 homes are currently under contract and 4 homes have sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:

1 bedroom units: 1
2 bedroom units: 4
3 bedroom unit: 1

NEW LISTINGS
According to MLS, new listing this week: 1

UNDER CONTRACT

According to MLS, there are 16 condos under contract and 0 townhomes under contract, 6 bank owned and 10 short sale.

I will have the final numbers for these once they close

SOLD

According to MLS, 4 condos sold in the last 30 days.

11320 Aristotle Dr #4-406 - 1bd/1ba (81 DOMP) Short Sale -(Took 9 months to close)
Asking Price -$175,000 - Sales Price -$180,000 - Seller Subsidy - $2,000

11329 Aristotle Dr #5-411 - 2bd/1ba (7 DOMP) Regular Sale .
Asking Price -$189,900 - Sales Price -$190,000 - Seller Subsidy - $6,650

11377 Aristotle Dr #10-103 - 2bd/2ba (5 DOMP) Short Sale - (Took 3 months to close)
Asking Price -$235,000 - Sales Price -$241,500 - Seller Subsidy - $6,500

11389 Aristotle Dr #11-21 - 2bd/2ba (18 DOMP) Short Sale - (Took 4 moths to close)
Asking Price -$256,500 - Sales Price -$256,500 - Seller Subsidy - $00

SOLD over 30 days

3851 Aristotle Ct #1-214 - 1bd/1ba (6 DOMP) Regular Sale
Asking Price -$165,000 - Sales Price -$164,500 - Seller Subsidy - $00

11375 Aristotle Dr #9-303 - 2bd/2ba (7 DOMP) Short Sale - (Took 5 months to close)
Asking Price -$249,900 - Sales Price -$248,000 - Seller Subsidy - $2,480

11321 Aristotle Dr #3-302 - 1bd/1ba (4 DOMP) Short Sale - (Took 1 year to close)
Asking Price -$175,000 - Sales Price -$160,000 - Seller Subsidy - $3,000

11320 Aristotle Dr #4-306 - 1bd/1ba (34 DOMP) Regular Sale
Asking Price -$169,900 - Sales Price -$169,000 - Seller Subsidy - $4,000

11395 Aristotle Dr #210 - 1bd/1ba (12 DOMP) Short Sale - (Took 6 months to close)
Asking Price -$159,900 - Sales Price -$163,000 - Seller Subsidy - $4,800


Click below for all Fairfax Ridge Condo sales for 2009-10 Sales More Than 30 Days ago


22033
These stats are for all real estate in the 22033 zip code for the Month of August




Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009





Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




EXPIRED or WITHDRAWN There have been 2 listings that have been taken off the market in the last 30 days.


RENTALS

Condos currently for rent: 3
Townhomes currrently for rent: 0

1 bedroom units: 0 available
2 bedroom units: 2 available
3 bedroom units: 1 available

5 condos and 1 townhome have been rented in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group. Ask us more about this and how this benefits you!


OBSERVATIONS

If you are thinking about buying or selling in the next 3 months we would be honored to work with you ! Shoot us an email

Keep checking back each Friday for your updated market report for Fairfax Ridge


Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.


Thanks for reading our Fairfax Ridge Real Estate Blog!
Posted by: Nate Johnson - Fairfax Ridge Real Estate Agent 
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929