Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA
INTRODUCTION
Only 5 Townhomes available right now at Penderbrook. One of our clients is closing on one of these next week, so stay tuned for those numbers ! We had 6 new listings this week at Penderbrook and 13 !!! homes are under contract. This is the most we have had under contract at one time in a long while.
As of today (February 19, 2009 10 AM) there are 24 active homes in Penderbrook and 13 homes that are currently under contract and 2 homes that have sold in the last 30 days.
Here’s the breakdown of all active listings in MLS:
Townhomes- 5 active
3 regular sales , 2 bank owned
Condos - 19 active
Heights at Penderbrook (Condo/Townhome) - 8 condos ( 3 regular, 3 bank owned, 2 short sales)
Penderbrook Square (Condos)- 11 condos (3 regular, 3 short sale, 5 bank owned)
NEW LISTINGS
According to MLS, there was 6 new listing this week.
UNDER CONTRACT
According to MLS, there are 5 Condos and 8 townhomes under contract.
Condos
3916 Penderview Dr #425 (0 DOMP)
12116 Greenway Ct #101 (133 DOMP)
12008 Ridge Knoll Dr #2 (7 DOMP)
12101 Green Leaf Ct #302 (165 DOMP)
12110 Green Leaf Ct #301 (141 DOMP)
Townhomes
3916 Green Look Ct (29 DOMP)
11787 Valley Ridge Cir (92 DOMP)
3951 Kathryn Jean Ct (7 DOMP)
12115 Wedgeway Pl (45 DOMP)
12100 Wedgeway Pl (139 DOMP)
3942 Kathryn Jean Ct (54 DOMP)
3910 Valley Ridge Dr (142 DOMP)
12113 Wedgeway Ct (62 DOMP)
3784 Inverness Rd (39 DOMP) Now off the market
I will have the final numbers for these once they close
SOLD
According to MLS, 2 homes have sold in the last 30 days .
3909 Penderview Dr #1901 (185 DOMP) Short Sale - 2bd/2ba Condo
Asking Price - $249,900
Sales Price - $218,000
Seller Subsidy - $5,000
12159 Wedgeway Plv (39 DOMP) 3bd/4ba TH - Regular Sale
List Price - $317,000
Sales Price - $305,000
Seller Subsidy - $3,000
More Than 30 Days ago
-12104 Green Ledge Ct #302 (18 DOMP) 2bd/2ba Condo - Regular Sale
Asking Price -$239,000 / Sales Price -$239,000 / Seller Subsidy -$7,000
-12110 Green Ledge Ct #301 (26 Days on the market) 3bd/2ba Condo - Regular Sale
Asking Price - $250,000 / Sales Price - $250,000 / Seller Subsidy - $5,000
-12108 Green Ledge Ct #301 (Condo - 3bed/2ba - 229 DOMP) - Regular Sale
Asking Price - $259,999 / Sales Price - $240,000 / Seller Subsidy - 0
-12118 Wedgeway Pl (Townhome - 3bed/4ba - 83 DOMP) - Bank Owned
Asking Price - $317,900 / Sales Price - $307,900 / Seller Subsidy - $ 0
-12128 Wedgeway Ct (Townhome - 2bed/4ba - 34 DOMP)
Asking Price - $309,900 / Sales Price - $310,100 / Seller Subidy - $ 0
22033
| 2008 | 2007 | % Change | |
| Total Sold $ Volume | $11,625,825 | $14,391,987 | -19.2% |
| Avg. Sold Price | $400,891 | $423,294 | -5.2% |
| Median Sold Price | $319,900 | $4410,000 | -21.9% |
| Total Units Sold | 29 | 34 | -14.7% |
| Avg. Days on Market | 112 | 89 | 25.8% |
| Avg. List Price for Solds: | $461,292 | $454,655 | 1.4% |
| Avg. Sale Price as a percentage of Avg. List Price: | 86.91% | 93.10% |
Fairfax Condos Sold for 2007 vs. 2008
Fairfax Townhomes Sold for 2007 vs 2008
EXPIRED or WITHDRAWN
There has been 10 listings that have been taken off the market in the last 30 days.
RENTALS
There is currently 0 townhomes for rent and 10 condos
4 townhomes and 4 condos have been rented out 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 full licensed Property Management Group.
OBSERVATIONS
Ok we finally had a short sale sell. It has been months since a short sale has sold at Penderbrook. I am telling you these things are tough and most are not even worth your time. If you want more information about them, please contact us.
We did have a good past 2 weeks here at Penderbrook and the spring market is almost here! Interest rates are very low and the Government is giving first time home buyers $8,000 to buy this year ! How can you not buy a home this year with those incentives.
If you are thining about buying in the next 3 moths Contact us today !
Keep checking back each Thursday for more insight to what is going on at Penderbrook.
Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.
