Kingsbrooke (Bristow, VA)
Kingsbrooke (Bristow, VA) Real Estate News
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Kingsbrooke Townhouse Report: June 2014
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Kingsbrooke Townhouse Report: June 2014

It is hard to believe that the summer is two-thirds over.  It has been a relatively mild summer so far in Kingsbrooke.  Not too much of the hazy, hot and humid we are used to in Bristow.  Also a little bit busier summer in the Bristow real estate market than I expected.  Let's take a look back at the month of June and see what happened in the Kingsbrooke townhouse market.  We'll make comparisons to last month (May 2014) and last year (June 2013.)

 

TOWNHOUSES FOR SALE IN KINGSBROOKE

Townhouse in Kingsbrooke2 Listings were Active:  Both Regular Sales

Townhouses For Sale in Kingsbrooke, June 2014

There were two Kingsbrooke townhouses on the market as June came to a close.  That's double what we had when May ended.  Since there was only one townhouse for sale in Kingsbrooke at the end of last month, let's just look across the averages.  The average list price was down 3% compared to last month, but up over 6% compared to last year.  Of course, the best idea of market value comes from the sold column.  

 

TOWNHOUSES UNDER CONTRACT IN KINGSBROOKE

4 Listings were Under Contract:  2 Regular Sales, 2 Short Sales

Townhouses Under Contract in Kingsbrooke, June 2014

When it came to Kingsbrooke townhouses that were under contract, we had exactly the same number in June as we did in May. The high list price at time of contract was up over 3.5% since last month and high marketing time only lengthened by 7%.  the low list price at time of contract was unchanged, as was the low marketing time, compared to last month.  The average list price at time of contract was down over 2% since last month and down over 3.5% since last year  The average marketing time was 45% longer than it had been last month, but down 38% since last year.  Confused yet?  Well...let's go to the sold column for some clarity.

 

TOWNHOUSES SOLD IN KINGSBROOKE

2 Listings Sold:  Both Regular Sales

Townhouses Sold in Kingsbrooke, June 2014

Only two Kingsbrooke townhouses made it to settlement in June.  That's a lot less than we saw settle in May.  The high sold price was down over 7.5% compared to last month, but the high marketing time was 94% faster.  The low sold prcie was up 9.5% compared ot last month, but the low marketing time rose by 25%.  The average sold price was down 8/10th of 1% since last month and was down 6/10th of 1% since last year.  The average marketing time was 76% shorter than it had bee in May and was Kingsbrooke Community Pool, home of the Sea Lions75% shorter than it had been in June 2013.  So when it comes to the solds, values of Kingsbrooke townhouses are steady.

The next Kingsbrooke Townhouse Report will be out in August and focus on sales from July.  Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis.  I've been a full-time Bristow Real Estate Agent since 2005 and can get you the most for your home in the shortest period of time.

And don't forget to join the Kingsbrooke neighborhoodFacebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

 

To view the Kingsbrooke Single Family Home Report for June 2014, click the link provided.

 

 

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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Kingsbrooke Single Family Home Report: June 2014
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Kingsbrooke Single Family Home Report:  June 2014

Nothing like waiting until the last day of the current month to tell you what's going on in Kingsbrooke's real estate market.  This has certainly been a busier summer than I would have guessed it would be, hence the reason for the tardy report.  So let's get down to it and see what happened with single family home values in Kingsbrooke in June.  We will make our comparisons to last month (May 2014) and last year (June 2013.)

 Single Family Home in Kingsbrooke

SINGLE FAMILY HOMES FOR SALE IN KINGSBROOKE

12 Listings were Active:  All Regular Sales

Single Family Homes For Sale in Kingsbrooke, June 2014

There were 12 Kingsbrooke homes on the market when June came to a close.  The high list price was nearly 6.5% higher than it had been last month and the low list price was 3% higher.  The average list price was 1.5% higher than it had been last month and was down 2/10th of 1% since last year.  Hardly a change at all year to year, and a slightly more measurable gain month to month.  Of course, list prices are simply suggestions.  The best idea of market values comes from knowing what the sold prices were.

 

 

 

SINGLE FAMILY HOMES UNDER CONTRACT IN KINGSBROOKE

4 Listings were Under Contract:  3 Regular Sales, 1 Short Sale

Single Family Homes Under Contract in Kingsbrooke, June 2014

There was one more Kingsbrooke home under contract at the end of June than there had been in May.  The high list price at time of contract was unchanged compared to last month, but the high marketing time was 85% longer.  The low list price at time of contract was 12% lower than it had been last month, but the low marketing time was unchanged.  The average list price at time of contract was down 7/10th of 1% since last month, but up 6/10th of 1% since last year.  Values in this category are as steady as they get.  The average marketing time was 190% longer than last month and 263% longer than last year.  We are definitely starting to feel a change in the market as it takes longer to get a buyer and we see more homes enter the market.

 

SINGLE FAMILY HOMES SOLD IN KINGSBROOKE

2 Listings Sold:  Both Regular Sales

 

Single Family Homes Sold in Kingsbrooke, June 2014

 

Only two Kingsbrooke homes made it to the settlement table in June.  That's a lot less than we've seen in our previous, comparison reports.  The high sold price was down over 15% compared to last month and the low sold price, conversely, was up nearly 7.5%.  The high marketing time was 95% faster than last month and the low marketing time was 300% longer.  The average sold price was down nearly 6% Kingsbrooke Community Pool, home of the Sea Lions swim teamcompared to last month and down a little over 4% since last year.  The average marketing time was 83% faster than last month and 69% faster than last year.  

The next Kingsbrooke Single Family Home Report will be also be out in August and will detail sales from the month of July.  Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis.  I've been a full-time Bristow Real Estate Agent since 2005 and can get you the most for your home in the shortest period of time.

And don't forget to join the Kingsbrooke neighborhood Facebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

 

To view the Kingsbrooke Townhouse Report for June 2014, click the link provided.  

 

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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Kingsbrooke Townhouse Report: May 2014
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Kingsbrooke Townhouse Report:  May 2014

Summer is here and spring is a memory.  Kids are splashing in the Kingsbrooke community pool and the Sea Lions are competing against other neighborhood teams.  In these last days of June, let's take a look back at the Kingsbrooke townhouse market and see what happened to values in May.  We will make comparisons to last month (April 2014) and last year (May 2013.)

TOWNHOUSES FOR SALE IN KINGSBROOKE

1 Listing was Active:  A Regular Sale

Townhouses For Sale in Kingsbrooke, May 2014

 

There was only one active listing at the end of May, same as it was at the end of April.  With that in mind, we'll take our one value and compare to averages.  The average list price was up nearly 7.5% since last month and up nearly 7.5% since last year.   Lack of active inventory means now would be a good time to sell.  As for the values, we get the best idea of market value from the SOLD column.

 

TOWNHOUSES UNDER CONTRACT IN KINGSBROOKE

4 Listings were Under Contract:  3 Regular Sales, 1 Short Sale

Townhouses Under Contract in Kingsbrooke, May 2014

 

There were half the number of Kingsbrooke townhouses under contract last month, as there had been in April.  The high list price at time of contract was down nearly 9.5%, but the high marketing time was 74% shorter.  Definitely a good news, bad news thing happening there.  The low list price at time of contract and low marketing time were unchanged month to month.  The average list price at time of contract was down over 4.5% since last month and down over 5.5% since last year.  The average marketing time was 50% faster since last month and 67% faster since last year.  Again with the good news, bad news.

 

TOWNHOUSES SOLD IN KINGSBROOKE

8 Listings Sold:  7 Regular Sales, 1 Foreclosure

Townhouses Sold in Kingsbrooke, May 2014

 

With eight Kingsbrooke townhouses selling, compared to one last month and two last year, it seeems that flood gates opened in May.  Let's look across the averages.  The average sold price was nearly 4.5% Make sure to enjoy the Kingsbrooke Community Pool this summer.higher than it had been last month and was 10.5% higher than last year's.  The average marketing time was 2,500% longer than it was last month, which equates from going to 0 to 25 days.  The average marketing time was 108% longer than it had been last year. 

The next Kingsbrooke Townhouse Report will be also be out in July and will detail sales from the month of June.  Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis.  I've been a full-time Bristow Real Estate Agent since 2005 and can get you the most for your home in the shortest period of time.

And don't forget to join the Kingsbrooke neighborhoodFacebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

 

To view the Kingsbrooke Single Family Home Report for May 2014, click the link provided.

 

 

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

 

  

 

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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Kingsbrooke Single Family Home Report: May 2014
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Kingsbrooke Single Family Home Report: May 2014

Time always seems to accerlerate when it comes to summer.  Here we are at the end of June and there are two more months of pool time and summer vacation in Kingsbrooke.  Before we get too far ahead, let's take a look back at May and see what happened in the Kingsbrooke single family home market.  We will make comparisons to last month (April 2014) and last year (May 2013.)

Kingsbrooke Single Family Home

SINGLE FAMILY HOMES FOR SALE IN KINGSBROOKE

8 Listings were Active:  6 Regular Sales, 2 Short Sales

Single Family Homes For Sale in Kingsbrooke, May 2014

 

Since there were no active listings in May 2013, we will have only comparisons to last month for the available inventory in Kingsbrooke single family homes for May 2014.  Short Sales are continuing to be a factor in the neighborhood, but are in the minority of homes listed.  For buyers that need certainty, this is a very good thing.  The high list price was down over 2% since last month, but the low price was unchanged.  The average list price was down 3% since last month.  I wouldn't proclaim Kingsbrooke home values are dropping.  List prices are suggestions.  We really only know true market value from the SOLD column.

 

 

SINGLE FAMILY HOMES UNDER CONTRACT IN KINGSBROOKE

3 Listings were Under Contract:  All Regular Sales

Kingsbrooke Median LandscapingSingle Family Homes Under Contract in Kingsbrooke, May 2014

 

There were fewer homes in Kingsbrooke under contract this past May as there had been last month and last year by half or more.  The high list price at time of contract was over 4.5% less than it had been last month, but high marketing time was 85% faster.  The low list price at time of contract was up over 7.5% since last month, but the low marketing time had taken 300% longer.  That equates to 3 days.  Don't panic.  The average list price at time of contract was up 1/2 of 1% since last month and up over 1% since last year.  The average marketing time was 62% faster than it had been last month and was 29% faster compared to last year.  These are good trends in the averages.

 

SINGLE FAMILY HOMES SOLD IN KINGSBROOKE

7 Listings Sold:  6 Regular Sales, 1 Short Sale

Single Family Homes Sold in Kingsbrooke, May 2014

 

While the number of Kingsbrooke homes under contracts was anemic compared to last month and last year, the sold column is exactly the opposite.  Looking back one month and one year the number of solds has doubled and tripled, respectively.  The high sold price was over 11.5% more than it had been last month.  That's good news, but the high marketing time was 1,771% longer.  That's a difference of 124 Get out there and enjoy the Kingsbrooke Community Pool!more days on the market at most.  The low sold price was nearly 6% lower than it had been last month, but the low marketing time was 300% shorter.  Basically, the low marketing time was non-existent from 3 days.  No worries there.  The average sold price was up over 3.5% since last month and up nearly 6% since last year.  The average marketing time was 400% longer compared to last month and 1,400% longer compared to last year.  Still, 30 days to sell a home is not unreasonable.

The next Kingsbrooke Single Family Home Report will be also be out in July and will detail sales from the month of June.  Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis.  I've been a full-time Bristow Real Estate Agent since 2005 and can get you the most for your home in the shortest period of time.

And don't forget to join the Kingsbrooke neighborhood Facebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

 

To view the Kingsbrooke Townhouse Report for May 2014, click the link provided.  

 

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

 

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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Another Bristow Single Family Home Sold!
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Another Bristow Single Family Home Sold!

On April 25th (2014) I listed a great single family home at 13501 Dodsworth Lane in Kingsbrooke.  It had recently undergone recommended updates from our first appointment.  The hardwood floors had been refinished, carpet replaced, home repainted and kitchen updated with new appliances and granite countertops.  Even the deck had been given a fresh finish.  

During our initial consultation, before updates, I had thought $399,000 was the most they 13501 Dodsworth Drive sold for $420,000 on June 5, 2014could get for the home.  While it was four bedrooms, two and a half bathrooms with a HUGE family room, it was only two finished levels.  The unfinished basement had no exit.  

After seeing the improvements, we listed for $424,900.  Within two days the Sellers had two offers.  One had a home sale contingency, but offered a higher net sales price.  So the Sellers made a very smart move and made a counter offer to the offer without a home sale contingency.  The counter was accepted and the home went under contract.

On June 5th, this Kingsbrooke home sold for $420,000.  The Sellers also agreed to a closing cost credit of $6,000 to the Buyers.  

If you have a Kingsbrooke single family home you would like to sell, call me for a free market analysis of your home's worth.  Or if you just want to track your property values in the Kingsbrooke neighborhood, or have a place to connect with other Kingsbrooke neighbors, join my Kingsbrooke Faceboook Group.

 

Chris Ann Cleland, Associate Broker-Licensed in Virginia

Long & Foster Gainesville's Top Producing Agent 2013

703-402-0037, ChrisAnn@LNF.com

 www.NVARealEstate.netwww.SpeakingOfHomes.net

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

 

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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Kingsbrooke Townhouse Report: April 2014
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Kingsbrooke Townhouse Report:  April 2014

The pool is open and I bet that is where a lot of Kingsbrooke residents spent the day.  I spent it showing Kingsbrooke and other Bristow homes to buyers.  It's been a very hot market.  So let's see what that meant to the Kingsbrooke townhouse market in April.  We will make comparisons to last month (March 2014) and last year (April 2013.)

Townhouse in KingsbrookeTOWNHOUSES FOR SALE IN KINGSBROOKE

1 Listing was Active:  A Regular Sale

Townhouses For Sale in Kingsbrooke, April 2014

Since only one Kingsbrooke townhouse was left available to buyers at the end of April, we'll just look across at our average list prices to compare.  The average list price was down 8/10th of 1% since last month and down 4/10th of 1% since last year.  List prices are suggestions, so remember the best idea of market value comes from the sold column.

TOWNHOUSES UNDER CONTRACT IN KINGSBROOKE

9 Listings were Under Contract:  7 Regular Sales, 1 Foreclosure, 1 Short Sale

Townhouses Under Contract in Kingsbrooke, April 2014

 

Kingsbrooke TownhouseWow!  There were nearly double the number of Kingsbrooke townhouses under contract in April as there had been in March.  The high list price at time of contract, high marketing time, low list price at time of contract and low marketing time were all unchanged compared to last month.  The average list price at time of contract was up 7/100th of 1% since last month and up over 7% since last year.  The average marketing time was 21% faster than it had been last month, but 83% longer than it had been last year.  Right now, it looks like you can expect a contract on a well priced Kingsbrooke townhouse in about three weeks.

 

TOWNHOUSES SOLD IN KINGSBROOKE

1 Listing Sold:  A Regular Sale

Townhouses Sold in Kingsbrooke

Only one Kingsbrooke townhouse made it to settlement in April.  Same as last year.  so let's Kingsbrookecompare averages only.  The average sold price was down over 5.5% since last month and down nealry 2% since last year.  The average marketing time was non-existent in April.  That's compared to 70 days average last month and 26 days average last month.  Given demand, I think property values will continue to increase.

The next Kingsbrooke Townhouse Report will be also be out in June and will detail sales from the month of May.  Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis.  I've been a full-time Bristow Real Estate Agent since 2005 and can get you the most for your home in the shortest period of time.

And don't forget to join the Kingsbrooke neighborhoodFacebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

Chris Ann Cleland, Associate Broker-Licensed in Virginia

Long & Foster Gainesville's Top Producing Agent 2013

703-402-0037, ChrisAnn@LNF.com

 www.NVARealEstate.netwww.SpeakingOfHomes.net

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

___________________________________

To view the Kingsbrooke Single Family Home Report for April 2014, click the link provided.  

 

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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Kingsbrooke Single Family Home Report: April 2014
Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

Kingsbrooke Single Family Home Report: April 2014

May is not coming to a close before I tell you what has happened in the Kingsbrooke single family home market.  I have personally shown several listings in the neighborhood and actually listed and got one under contract, which will show up as a sale for May's report.  For now, let's look back at April and compare to last month (March 2014) and last year (April 2013.)

Single Family Home in Kingsbrooke

SINGLE FAMILY HOMES FOR SALE IN KINGSBROOKE

5 Listings were Active:  3 Regular Sales, 2 Short Sales

Single Family Homes For Sale in Kingsbrooke, April 2014

There were a lot of single family homes on the market in Kingsbrooke, compared to March.  The high list price was over 8.5% down since last month and so was the low list price--by over 22%.  The average list price was down slightly over 11% since last month and only down 1.5% since last year.  Since list prices are suggestions, let's not panic.  We will see what is really happening in the market when we get to the sold column.

SINGLE FAMILY HOMES UNDER CONTRACT IN KINGSBROOKE

7 Listings were Under Contract:  6 Regular Sales, 1 Short Sale

Single Family Homes Under Contract in Kingsbrooke, April 2014

With exactly the same number of Kingsbrooke single family homes under contract in April as there were in March, let's see how things changed.  The high list price at time of contract went up over 11.5% since last month and high marketing time was unchanged.  The low list price at time of contract was down nearly 5% since last month, and high marketing time gained 2 days from 0to 2.  The average list price at time of contract was 3.1% higher since last month and over 1.5% higher compared to last year.  The average marketing time was 4% faster than last month, but 767% longer than last year.  That big change is from 3 days last year to 26 this year. Still a month to get under contract isn't bad.

SINGLE FAMILY HOMES SOLD IN KINGSBROOKE

4 Listings Sold:  All Regular Sales

Single Family Homes Sold in Kingsbrooke, April 2014

Kingsbrooke Community Entrance off of Linton Hall RoadAnything is an improvement since March when no Kingsbrooke single family homes went to settlement.  However, due to that fact, we have no month to month comparison.  So we'll only be comparing year to year here. The average sold price was nearly 11% higher than it was this time last year.  The average marketing time was 14% shorter.  This is good news.

The next Kingsbrooke Single Family Home Report will be also be out in June and will detail sales from the month of May.  Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis.  I've been a full-time Bristow Real Estate Agent since 2005 and can get you the most for your home in the shortest period of time.

And don't forget to join the Kingsbrooke neighborhood Facebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

Chris Ann Cleland, Associate Broker-Licensed in Virginia

Long & Foster Gainesville's Top Producing Agent 2013

703-402-0037, ChrisAnn@LNF.com

 www.NVARealEstate.netwww.SpeakingOfHomes.net

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)

___________________________________

To view the Kingsbrooke Townhouse Report for April 2014, click the link provided.  

Chris Ann Cleland, Bristow-Gainesville Real Estate Agent, 703-402-0037Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.net, www.SpeakingOfHomes.net, www.SellingBraemar.com,

Victory Lakes Blog

 

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

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