Penderbrook

Penderbrook Townhomes and Condos Weekly Sales Report 8/14/09 - 8/27/09

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

Well we had our first short sale go through here in Penderbrook in a couple months! There are still quite a few under contract that are taking a few months. I probably will start keeping track of the days it took to push the short sale through. The one that just closed took 4 months and 8 days.

There are 16 homes under contract and a few more should be closing this week and we will have numbers next week. In the last 2 weeks we had 3 homes close.

Penderbrook is still selling very quickly. and multiple offers on almost every property is occuring.

If you have any questions or would like to find out how much your home would sell for right now
Contact me

As of today (August 27, 2009 11 AM) there are 19 active homes in Penderbrook and 16 homes that are currently under contract and 8 homes that have sold in the last 30 days.

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

Townhomes- 5

3 regular sales , 1 bank owned , 1 short sales

Condos - 14 active

1 bedroom condos - 4

2 bedroom condos - 8

3 bedroom condos - 2

Heights at Penderbrook (Condo/Townhome) - 6 condos
Penderbrook Square (Condos)- 8 condos

NEW LISTINGS

According to MLS, there were 1 new listings this week.


UNDER CONTRACT

According to MLS, there are 10 Condos and 6 townhomes under contract.

Condos

12163 Penderview #1022 - 1bd/1ba (0 DOMP)

3911 Penderview Dr #1907 - 1bd/1ba (62 DOMP)

3912 Penderview Dr #538 - 1bd/1ba (63 DOMP)

3903 Penderview Dr #1506 - 1bd/1ba (59 DOMP)

3908 Penderview Dr #606 - 2bd/1ba (34 DOMP)

3904 Penderview Dr #735 - 1bd/1ba (15 DOMP)

3807 Green Ridge Ct #102 - 3bd/2ba (6 DOMP)

3903 Penderview Dr #1508 - 2bd/2ba (305 DOMP)

12103 Greenwood Ct #101 - 2bd/2ba (12 DOMP)

3914 Penderview Dr #504 - 2bd/1ba (148 DOMP)

Townhomes

12138 Wedgeway Ct - 2bd/4ba (15 DOMP)

11728 Valley Ridge Cir - 4bd/4ba (40 DOMP)

3940 Valley Ridge Dr - 3bd/3ba (8 DOMP)

3943 Valley Ridge Dr - 3bd/3ba (64 DOMP)

3971 Valley Ridge Dr - 3bd/3ba (63 DOMP)

3814 Inverness Rd - 3bd/4ba (24 DOMP)


I will have the final numbers for these once they close


SOLD

According to MLS, 8 homes have sold in the last 30 days .

12112 Wedgeway Pl - 2bd/4ba (6 DOMP) - Short Sale - Took 4 months 8 days to close

Asking Price - $269,000
Sales Price - $286,000
Seller Subsidy - $0

3942 Kathryn Jean Ct SW - 2bd/4ba (76 DOMP) - Regular Sale

Asking Price - $414,750
Sales Price - $406,500
Seller Subsidy - $10,000

3800 Green Ridge Ct #302 - 2bd/2ba (15 DOMP) - Regular Sale

Asking Price - $250,000
Sales Price - $250,000
Seller Subsidy - $0

12158 Penderview Ter #1137 - 1bd/1ba (32 DOMP) Regular Sale

Asking Price - $154,900
Sales Price - $145,000
Seller Subsidy - $4,350

12155 Penderview Ter #823 - 2bd/1ba (0 DOMP) Regular Sale

Asking Price - $199,900
Sales Price - $199,900
Seller Subsidy - $7,500

12023 Golf Ridge Ct #101 - 2bd/2ba (37 DOMP) Regular Sale

Asking Price - $239,000
Sales Price - $215,000
Seller Subsidy - $500

3909 Penderview Dr #1924 - 2bd/1ba (107 DOMP) Regular Sale

Asking Price - $242,500
Sales Price - $208,000
Seller Subsidy - $6,000

12115 Greenway Ct #101 - 2bd/2ba (56 DOMP) Regular Sale

Asking Price - $244,000
Sales Price - $237,500
Seller Subsidy - $7,125

12118 Wedgeway Pl - 3bd/3ba (4 DOMP) Regular Sale

Asking Price - $319,900
Sales Price - $325,000
Seller Subsidy - $4,000

12102 Wedgeway Ct - 2bd/4ba (9 DOMP) Regular Sale

Asking Price - $324,900
Sales Price - $310,000
Seller Subsidy - $0

3947 Clares Ct - 3bd/4ba (68 DOMP) Regular Sale

Asking Price - $459,000
Sales Price - $432,000
Seller Subsidy - $9,000


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 May


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 4 townhomes for rent and 4 condos

5 townhomes and 10 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

If you are thining about buying in the next 3 months you need to 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.













What Is Going On In The Penderbrook Home Sale Market

For Sellers:

If you are priced right, you will have multiple offers and will sell your home very quickly.

Just look at the numbers on our website. There are consistently over 15 homes under contract each week ! And then there are usually a few new sales each week. Latest numbers were 8 sales in the last 30 days.

The numbers dont lie.

Penderbrook is a great community for first time home buyers and that is why there is soo much activity here.

There is also very few bank owned situations here which is helping fuel alot of regular sales in the community. The 8 sales in the past 30 days are all regular sales. That is unheard of in the Northern Virginia area.

Contact us today to see how we can sell your home fast for the highest amount possible.


For Buyers:

It can be a very frustrating time for buyers right now. There is very little on the market right now and multiple offers on almost every home. You need a good agent that is going to negotiate for you and you need to be very flexible. Once a home that matches your criteria comes on the market, you need to get out there, THAT DAY!

You can still find great homes in this market but you need to be patient and willing to offer over list price. Most homes are selling for more than what they are listed.

Interest rates are still very good and the 8,000 tax credit is only available for 3 more months.

Contact us today so that we can help you reach your goals

Penderbrook Townhomes and Condos Weekly Sales Report 8/06/09 - 8/13/09

My PenderbrookHome.com

Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA

INTRODUCTION

We had 2 sales in the past week. One was a TH that sold for $432k which is a really good sign for Penderbrook TH's. The other was a condo. Condo prices are continuing to decline though.

If you have any questions or would like to find out how much your home would sell for right now
Contact me

As of today (August 13, 2009 11 AM) there are 21 active homes in Penderbrook and 18 homes that are currently under contract and 8 homes that have sold in the last 30 days.

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

Townhomes- 7 active

5 regular sales , 1 bank owned , 1 short sales

Condos - 14 active

1 bedroom condos - 4

2 bedroom condos - 8

3 bedroom condos - 2

Heights at Penderbrook (Condo/Townhome) - 6 condos
Penderbrook Square (Condos)- 8 condos

NEW LISTINGS

According to MLS, there were 2 new listings this week.


UNDER CONTRACT

According to MLS, there are 10 Condos and 8 townhomes under contract.

Condos



12163 Penderview #1022 - 1bd/1ba (0 DOMP)

3911 Penderview Dr #1907 - 1bd/1ba (62 DOMP)

3912 Penderview Dr #538 - 1bd/1ba (63 DOMP)

3903 Penderview Dr #1506 - 1bd/1ba (59 DOMP)

3908 Penderview Dr #606 - 2bd/1ba (34 DOMP)

3904 Penderview Dr #735 - 1bd/1ba (15 DOMP)

3911 Penderview Dr #1905 - 2bd/1ba (51 DOMP)

3807 Green Ridge Ct #102 - 3bd/2ba (6 DOMP)

3903 Penderview Dr #1508 - 2bd/2ba (305 DOMP)

3800 Green Ridge Ct #302 - 2bd/2ba (15 DOMP)


Townhomes


12112 Wedgeway Pl - 2bd/4ba (6 DOMP)

12138 Wedgeway Ct - 2bd/4ba (15 DOMP)

11728 Valley Ridge Cir - 4bd/4ba (40 DOMP)

3940 Valley Ridge Dr - 3bd/3ba (8 DOMP)

3942 Kathryn Jean Ct SW - 2bd/4ba (76 DOMP)

3971 Valley Ridge Dr - 3bd/3ba (63 DOMP)

3814 Inverness Rd - 3bd/4ba (24 DOMP)

11791 Valley Ridge Cir - 3bd/4ba (3 DOMP)


I will have the final numbers for these once they close


SOLD

According to MLS, 8 homes have sold in the last 30 days .



12158 Penderview Ter #1137 - 1bd/1ba (32 DOMP) Regular Sale


Asking Price - $154,900
Sales Price - $145,000
Seller Subsidy - $4,350


12155 Penderview Ter #823 - 2bd/1ba (0 DOMP) Regular Sale


Asking Price - $199,900
Sales Price - $199,900
Seller Subsidy - $7,500


12023 Golf Ridge Ct #101 - 2bd/2ba (37 DOMP) Regular Sale


Asking Price - $239,000
Sales Price - $215,000
Seller Subsidy - $500


3909 Penderview Dr #1924 - 2bd/1ba (107 DOMP) Regular Sale


Asking Price - $242,500
Sales Price - $208,000
Seller Subsidy - $6,000


12115 Greenway Ct #101 - 2bd/2ba (56 DOMP) Regular Sale


Asking Price - $244,000
Sales Price - $237,500
Seller Subsidy - $7,125


12118 Wedgeway Pl - 3bd/3ba (4 DOMP) Regular Sale


Asking Price - $319,900
Sales Price - $325,000
Seller Subsidy - $4,000


12102 Wedgeway Ct - 2bd/4ba (9 DOMP) Regular Sale


Asking Price - $324,900
Sales Price - $310,000
Seller Subsidy - $0


3947 Clares Ct - 3bd/4ba (68 DOMP) Regular Sale


Asking Price - $459,000
Sales Price - $432,000
Seller Subsidy - $9,000


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 May


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

1 townhomes and 6 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

If you are thining about buying in the next 3 months 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.