Braemar Townhouse Report: July-August 2014
Living in the Braemar townhouses across from the Rob Roy Pool has its advantages. In the off season of the pool, there is a ton of visitor parking. And on Braemar Day, the festivities, which are held in that parking area and the surrounding common area, are only a short distance away.
While we are enjoying fall gatherings like Braemar Day, and just days away from welcoming the month of October, it is time to look back at the last two months of summer and see what happened in the Braemar townhouse market.
There were an incredible nineteen townhouse sales in Braemar in July and August. Their final sales prices ranged from $245,000 to $334,000. The average of all nineteen gives us our new average market value for Braemar townhouses of $289,921. That means just over a 3% decrease in average value since last report, but a 4% increase in average value since this time last year.
If you placed your Braemar townhouse on the market, priced to current market conditions, you could expect it to be under contract in an average a little over three weeks. You could also expect a buyer to ask for an average of 1.5% of the sales price in closing cost assistance.
The next Braemar Townhouse Report will be out in November and will detail sales from the months of September and October. Until then, if you are interested in selling your Braemar townhouse, call me for a free market analysis of your specific home's value. I've been a Braemar home owner and full-time Bristow Real Estate Agent since 2005. I can help you get your Braemar home sold quickly and for the maximum amount of money. No One Knows Braemar Better!
Please feel free to join my neighborhood Facebook group, BRAEMAR (Bristow,VA.) I started the group to have an easy access point for these online Braemar Property Value Reports. However, you can start any neighborhood conversation you like to there. When neighbors talk, good things happen. My favorite being reuniting lost pets with their owners.
Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)
Chris Ann Cleland, Associate Broker-Licensed in VA
Top Producing Agent 2013 & 2011
Long & Foster REALTORS®, Manassas, VA
The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.