Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA
INTRODUCTION
Well we had only 1 new home come on the market this past week BUT we now have 26 homes under contract. That is 6 under contract in the last week! 3 were condos and 3 were townhomes. 4 homes also went to closing this past week and their numbers are below.
We have great news for first time home buyers.
First program is for first time home buyers, who make less than $52k. This program is a $10,000 grant, that does not have to be repaid and to be used to your home purchase. You can still qualify for your $8,000 tax credit when you file your taxes next year.
Second program is for those that make more than $52k. You can use your $8,000 tax credit now as a down payment. This means very little money for you to buy a home.
Contact me
As of today (June 18, 2009 11 AM) there are 25 active homes in Penderbrook and 26 homes that are currently under contract and 11 homes that have sold in the last 30 days.
Here’s the breakdown of all active listings in MLS:
Townhomes- 8 active
4 regular sales , 2 bank owned , 2 short sales
Condos - 17 active
1 bedroom condos - 6
2 bedroom condos - 10
3 bedroom condos - 1
Heights at Penderbrook (Condo/Townhome) - 7 condos ( 3 regular, 2 bank owned, 2 short sales)
Penderbrook Square (Condos)- 10 condos (3 regular, 4 short sale, 3 bank owned)
NEW LISTINGS
According to MLS, there was 1 new listing this week.
UNDER CONTRACT
According to MLS, there are 14 Condos and 12 townhomes under contract.
Condos
12163 Penderview #1022 - 1bd/1ba (0 DOMP)
3921 Penderview Dr #1806 - 1bd/1ba (232 DOMP)
12155 Penderview Ter #822 - 1bd/1ba (66 DOMP)
3903 Penderview Dr #1506 - 1bd/1ba (59 DOMP)
3904 Penderview Dr #735 -1bd/1ba (15 DOMP)
3807 Green Ridge Ct #102 -3bd/2ba (6 DOMP)
12108 Greenway Ct #101 - 3bd/2ba - (251 DOMP)
12110 Green Leaf Ct #201 -3bd/2ba (240 DOMP)
12023 Golf Ridge Ct #101 - 2bd/2ba (0 DOMP)
3909 Penderview Dr #1924 -2bd/1ba (107 DOMP)
12104 Greenway Ct #201 - 2bd/2ba (85 DOMP)
12115 Greenway Ct #101 -2bd/2ba (56 DOMP)
12103 Green Ledge Ct #201 -3bd/2ba (263 DOMP)
3805 Ridge Knoll Ct #10B - 2bd/3ba (0 DOMP)
Townhomes
12112 Wedgeway Pl - 2bd/4ba (6 DOMP)
12118 Wedgeway Pl - 3bd/3ba (4 DOMP)
12102 Wedgeway Ct - 2bd/4ba (9 DOMP)
12129 Wedgeway Ct - 2bd/4ba (2 DOMP)
11728 Valley Ridge Cir - 4bd/4ba (40 DOMP)
11702 Valley Ridge Cir - 3bd/ 4ba (57 DOMP)
3920 Valley Ridge Dr - 3bd/4ba (502 DOMP)
11906 Matthews Ct - 3bd/4ba (86 DOMP)
3947 Clares Ct - 3bd/4ba (68 DOMP)
11791 Valley Ridge Cir - 3bd/4ba (3 DOMP)
3931 Clares Ct - 3bd/4ba (31 DOMP)
3803 Inverness Rd -3bd/4ba (6 DOMP)
I will have the final numbers for these once they close
SOLD
According to MLS, 11 homes have sold in the last 30 days .
12165 Penderview Ter #100 - 1bd/1ba (487 DOMP) Regular Sale
Asking Price - $215,000
Sales Price - $160,000
Seller Subsidy - $0
12016 Golf Ridge Ct #301 - 2bd/2ba (63 DOMP) Regular Sale
Asking Price - $264,990
Sales Price - $237,500
Seller Subsidy - $0
12012 Golf Ridge Ct. # 301 - 3bd/2ba (7 DOMP) Regular Sale
Asking Price - $249,900
Sales Price - $240,000
Seller Subsidy - $0
11795 Valley Ridge Cir -3bd/4ba (0 DOMP) Short Sale
Asking Price - $399,000
Sales Price - $379,000
Seller Subsidy - $0
3808 Green Ridge Ct #301 - 3bd/2ba (257 DOMP) Bank Owned
Asking Price - $219,900
Sales Price - $220,000
Seller Subsidy - $ 6,600
3784 Inverness Rd - 3bd/4ba (39 DOMP) - Bank Owned
Asking Price - $414,900
Sales Price - $365,000
Seller Subsidy - $ 10,000
3944 Kathryn Jean Ct -3bd/4ba (6 DOMP) - Regular Sale
Asking Price - $398,500
Sales Price - $398,000
Seller Subsidy - $7,760
12112 Wedgeway Ct - 2bd/4ba (8 DOMP) - Regular Sale
Asking Price - $319,800
Sales Price - $311,900
Seller Subsidy - $10,850
12113 Wedgeway Ct - 2bd/4ba (35 DOMP) - Short Sale
Asking Price - $335,000
Sales Price - $290,000
Seller Subsidy - $ 9,000
11718 Valley Ridge Cir -4bd/4ba (87 DOMP) - Regular Sale
Asking Price - $435,000
Sales Price - $395,000
Seller Subsidy - $1,000
3907 Clares Ct -3bd/4ba (66 DOMP) - Regular Sale
Asking Price - $450,000
Sales Price - $422,000
Seller Subsidy - $0
More Than 30 Days Ago
12116 Greenway Ct #101 - 3bd/2ba (133 DOMP) - Bank Owned
Asking Price -$237,900
Sales Price - $175,000
Seller Subsidy - $6,000
3800 Green Ridge Ct #302 - 2bd/2ba (64 DOMP) - Bank Owned
Asking Price - $214,900
Sales Price - $160,535
Seller Subsidy - 0
Click below for Penderbrook Home Sales for 2009
More Than 30 Days ago
22033
These stats are for all real estate in the 22033 zip code for the Month of March
| 2009 | 2008 | % Change | |
| Total Sold $ Volume | $13,961,288 | $14,878,678 | -6.1% |
| Avg. Sold Price | $367,402 | $413,297 | -11.1% |
| Median Sold Price | $323,500 | $381,900 | -15.9% |
| Total Units Sold | 38 | 36 | 52% |
| Avg. Days on Market | 79 | 91 | 0% |
| Avg. List Price for Solds: | $397,753 | $441,841 | -9.9% |
| Avg. Sale Price as a percentage of Avg. List Price: | 92.37% | 93.54% |
Penderbrook Home Sales 2008 vs. 2009
Fairfax Condos Sold for 2007 vs. 2008
Fairfax Townhomes Sold for 2007 vs 2008
EXPIRED or WITHDRAWN
There has been 1 listings that have been taken off the market in the last 30 days.
RENTALS
There is currently 2 townhomes for rent and 10 condos
5 townhomes and 7 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
Condos on the other hand are taking much longer. The rentals for these condos are taking longer also. Owners are expecting more than what the market is asking for. Also alot of these condos are not updated. I have been in almost all of them and when I bring buyers and renters in, they point it out and mark that condo off the list. A little money invested in your kitchen and bathrooms goes along way !
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.
