Penderbrook Townhomes and Condos Weekly Home Real Estate Sales Report for 3/5/11-3/11/11

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

Introduction 
We have a 2 beddroom short sale coming on the market early April.  Keep checking back for more information.  When we pre market our listings on this website, we usually get contracts before they go on the market!
There are currently 25 listings at Penderbrook. Around half are short sales that take 3-5 months to close.  25 homes are under contract. 9 homes have sold this past month.

We have been working lately with alot of investors buying up the condos in Penderbrook Square.  If your thinking about investing in real estate, contact us to see what your return on investment ROI will be.

As of today (March 11, 2011, 8 AM) there are 22 active homes in Penderbrook and 25 homes under contract and 9 homes that have sold in the last 30 days.

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

Townhomes- 6 active -
Condos - 16 active
1 bedroom condos - 3
2 bedroom condos - 12
3 bedroom condos - 1

NEW LISTINGS
According to MLS, there is 1 new listing this week.

UNDER CONTRACT
According to MLS, there are 19 Condos and 6 Townhomes under contract.

I will have the final numbers for these once they close

SOLD in last 30 days
According to MLS, 9 homes have sold in the last 30 days
Click Here To Read More!

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Military First Time Home Buyer Tax Credit

2 Months Left for the $8,000 home buyer credit.

Contact us for more information

Eligible persons include members of the uniformed services, members of the Foreign Service, and intelligence community employees who served at least 90 days of qualified, extended duty service outside of the United States between January 1, 2009 and April 30, 2010.


Spouses of persons meeting the above criteria are eligible as well.

The federal home buyer tax credit ranges up to $8,000 for first-time home buyers, and up to $6,500 for existing homeowners. Existing homeowners must have lived in their “main home” through 5 of the last 8 years to be eligible.

Claiming the federal tax credit is a two-step process. First, eligible persons must be under contract for a new home on or before April 30, 2011. The home’s closing must then occur on or before June 30, 2011.

The IRS does not make date exceptions.

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Penderbrook Townhomes and Condos Weekly Home Real Estate Sales Report for 3/5/11

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

Introduction 
We have a couple short sales coming on the market soon.  Keep checking back for more information.  When we pre market our listings on this website, we usually get contracts before they go on the market!
There are currently 24 listings at Penderbrook. Around half are short sales that take 3-5 months to close.  26 homes are under contract. 9 homes have sold this past month.

We have been working lately with alot of investors buying up the condos in Penderbrook Square.  If your thinking about investing in real estate, contact us to see what your return on investment ROI will be.

As of today (March 5, 2011, 8 AM) there are 24 active homes in Penderbrook and 26 homes under contract and 9 homes that have sold in the last 30 days.

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

Townhomes- 6 active -
Condos - 18 active
1 bedroom condos - 3
2 bedroom condos - 14
3 bedroom condos - 1

NEW LISTINGS
According to MLS, there are 2 new listings this week.

UNDER CONTRACT
According to MLS, there are 19 Condos and 7 Townhomes under contract.

I will have the final numbers for these once they close

SOLD in last 30 days
According to MLS, 9 homes have sold in the last 30 days
Click Here To Read More!

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Fairfax County January Housing Stats

For all of us analyticals out there, below is a great report on Fairfax County. 

Summary for the month of January 2011 vs 2010

-New Listings and Inventory from 2010 to 2011 is down
-Days on the market is up
-Median House price has gone up 2.9% = to $360,000

So what does this mean ?
We have been pretty stable here in Fairfax County for the last year.  Median prices, as you can see on the report, have not changed much since the begining of 2010.  Its still a buyers market as we have alot of inventory. This is a good report for us beside the fact that homes are staying on the market longer.  But the short sale inventory is driving that up higher.  In about 2 years these short sales will be for the  most part behind us. Don't expect any drastic changes in home values over the next year or 2.  There may be some slight spikes in the spring/summer markets but very small ones.

Click Here for the Full Report

22033 Housing Report

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2 bedroom / 1 bath Condo In Penderbrook Square - We need a buyer ASAP!

If you know someone looking to buy a 2 bedroom / 1 bath Condo , contact us asap !

We have a short sale that Bank of America has approved at 180,000 with 5k in closing costs.

We can get you all the rest of the details, just contact us.  We have until Monday to let BOA know, otherwise the short sale has to start all over and this process will take another 2 months.

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2008-2011 Penderbrook Home Sales

Penderbrook 2010 Home Sales -

59 homes sold as of 9/30/10.  (20 homes still under contract) 
Last year during the same time, 81 homes had sold.

Gallery View of Homes Sold


3801 Ridge Knoll Ct #11A- 2bd/2ba (31 DOMP) Regular Sale .
Asking Price $295,000- Sales Price $295,000 - Seller Subsidy $5,150

12008 Ridge Knoll Dr #8 - 2bd/2ba (50 DOMP) Regular Sale
Asking Price $219,900- Sales Price $219,900 - Seller Subsidy $7,000

3921 Clares Ct - 3bd/4ba (11 DOMP) Regular Sale
Asking Price $439,000- Sales Price $425,000 - Seller Subsidy $1,000

12105 Greenway Ct #102 - 2bd/2ba (9 DOMP) Regular Sale
Asking Price $199,900- Sales Price $196,750 - Seller Subsidy $00

12158 Penderview Ln #1731- 2bd/2ba (0 DOMP) Regular Sale
Asking Price $229,900- Sales Price $229.900 - Seller Subsidy $8,738

12105 Greenway Ct #202 - 2bd/2ba (90 DOMP) Regular Sale
Asking Price $184,900- Sales Price $184.900 - Seller Subsidy $00

3801 Inverness Rd 3bd/3ba (78 DOMP) Regular Sale
Asking Price $459,900 - Sales Price $452,450 - Seller Subsidy $8,147.60

3919 Penderview Drive #1831 - 2bd/2ba (29 DOMP) Regular Sale
Asking Price $229,900- Sales Price $229.900 - Seller Subsidy $3,305

12154 Penderview Terrace #1232 - 1bd/1ba ( 11 DOMP) Short Sale .
Asking Price $140,000 - Sales Price $132,000 - Seller Subsidy $00

3901 Penderview Lane #1504 - 1bd/1ba (0 DOMP) Short Sale .
Asking Price $150,000 - Sales Price $150,000 - Seller Subsidy $00

12002 Golf Ridge #301 3bd/2ba (94 DOMP) Regular Sale .
Asking Price $219,000 - Sales Price $220,000 - Seller Subsidy $00

3900 Green Look Ct - 3bd/4ba (194 DOMP) Regular Sale .
Asking Price $449,900 - Sales Price $448,000 - Seller Subsidy $10,500

3922 Penderview Dr. #336 - 1bd/1ba (210 DOMP) Regular Sale
Asking Price - $179,900 - Sales Price - $175,000 - Seller Subsidy - $6,204

12164 Penderview Lane #1606 - 1bd/1ba (86 DOMP) Regular Sale
Asking Price - $179,900 - Sales Price - $183,000 - Seller Subsidy $6,143

3903 Penderview Dr. #1538 2bd/2ba (0 DOMP) Regular Sale
Asking Price - $219,000 - Sales price $216,000 - Seller Subsidy $4,000

12161 Penderview Ter #906 - 2bd/1ba (18 DOMP) Regular Sale .
Asking Price - $180,000 - Sales price - $180,000 - Seller Subsidy - $3,000

12106 Greenway Ct #201 - 2bd/2ba (112 DOMP) Regular Sale .
Asking Price $186,900 - Sales Price $184,000 - Selleer Subsidy $00

12103 Green Ledge Ct #302 - 2bd/2ba (58 DOMP) Short Sale .
Asking Price - $230,000 - Sales price - $230,000 - Seller Subsidy - $4,000

12152 Penderview Terrace #1323 - 2bd/1ba (20 DOMP) Regular Sale .
Asking Price - $209,900 - Sale Price - $209,900 - Seller Subsidy - $5946

12106 Green Leaf Ct #301 - 3bd/2ba (209 DOMP) Regular Sale .
Asking Price - 259,900 - Sales Price - $259,000 - Seller Subsidy - $2500

12009 Golf Ridge Ct. #302 2bd/2ba (33 DOMP) - Regular Sale .
Asking Price - $265,000 - Sales Price - $257,900 - Seller Subsidy - $5,000

11900 Inverness Ct - 2bd/4ba (110 DOMP) Regular Sale
Asking Price $434,900 - Sales Price $435,000 - Seller Subsidy $8,200

12016 Golf Ridge Ct #101 - 2bd/2ba (311 DOMP) Short Sale
Asking Price - $185,9000 - Sales price - $187,900 - Seller Subsidy - $5,637

3916 Penderview Dr #438 - 2bd/2ba (185 DOMP) Regular Sale
Asking Price - $239,900 - Sales price - $230,000 - Seller Subsidy - $5,748

12106 Greenway Ct #201 - 2bd/2ba (112 DOMP) Regular Sale
Asking Price - $186,900 - Sales price - $184,000 - Seller Subsidy - $00

3925 Clares Ct - 3bd/4ba (34 DOMP) Regular Sale
Asking Price - $439,900 - Sales price - $435,000 - Seller Subsidy - $12,750

3903 Penderview Dr #1506 - 1bd/1ba (86 DOMP) Regular Sale
Asking Price - $169,900 - Sales price - $160,000 - Seller Subsidy - $4,800

3847 Inverness Rd - 3bd/4ba (6 DOMP) Regular Sale .
Asking Price - $439,900 - Sales price - $439,900 - Seller Subsidy - $00

3801 Ridge Knoll Ct #8A - 2bd/2ba (71 DOMP) Regular Sale
Asking Price - $257,000 - Sales price - $266,000 - Seller Subsidy - $10,000

12105 Wedgeway Ct - 3bd/3ba (0 DOMP) Regular Sale
Asking Price - $332,950 - Sales price - $321,500 - Seller Subsidy - $7,500

12018 Lisa Marie Ct - 3bd/4ba (43 DOMP) Short Sale
Asking Price - $439,000 - Sales price - $432,000 - Seller Subsidy - $8,960

3900 Golf Tee Ct #202 - 2bd/2ba (63 DOMP) Regular Sale
Asking Price - $199,900 - Sales price - $190,000 - Seller Subsidy - $00

12102 Green Leaf Ct #102 - 3bd/2ba (81 DOMP) Regular Sale .
Asking Price - $249,000 - Sales price - $245,000 - Seller Subsidy - $00
12008 Ridge Knoll Dr #6 - 2bd/2ba (28 DOMP) Short Sale .
Asking Price - $216,000 - Sales price - $230,000 - Seller Subsidy - $3,600

3909 Penderview Dr #1903 - 2bd/1ba (5 DOMP) Short Sale .
Asking Price - $179,900 - Sales price - $175,000 - Seller Subsidy - $5,000

12001 Ridge Knoll Dr # 3 - 2bd/2ba (35 DOMP) Regular Sale
Asking Price - $260,000 - Sales price - $255,000 - Seller Subsidy - $00

3915 Kathryn Jean Ct- 3bd/4ba (13 DOMP) Regular Sale
Asking Price - $429,900 - Sales price - $421,500 - Seller Subsidy - $9,000

3914 Penderview Dr #523 - 2bd/11ba (43 DOMP) Regular Sale
Asking Price - $167,000 - Sales price - $158,000 - Seller Subsidy - $3,000

3918 Penderview Dr #431 - 2bd/2ba (71 DOMP) Regular Sale
Asking Price - $199,900 - Sales price - $199,900 - Seller Subsidy - $00

12160 Penderview Ter #1122 - 1bd/1ba (33 DOMP) Regular Sale
Asking Price - $139,900 - Sales price - $132,000 - Seller Subsidy - $10,000

3901 Penderview Dr #1521 - 2bd/2ba (0 DOMP) Regular Sale
Asking Price - $230,900 - Sales price - $233,000 - Seller Subsidy - $3,350

12153 Penderview Ln #2031 -2bd/2ba (0 DOMP) Regular Sale
Asking Price - $239,900 - Sales price - $235,000 - Seller Subsidy - $5,769.43

12103 Greenway Ct #301 - 2bd/2ba (21 DOMP) Regular Sale
Asking Price - $255,000 - Sales price - $235,000 - Seller Subsidy - $0

3808 Green Ridge Ct #302 - 2bd/2ba (9 DOMP) Regular Sale
Asking Price - $270,000 - Sales price - $270,000 - Seller Subsidy - $5,000

12151 Penderview Ln #2027 - 1bd/1ba -(638 DOMP) Short Sale - (Took 9 months to close)
Asking Price - $135,000 - Sales price - $140,000 - Seller Subsidy - $2,000

12161 Wedgeway Pl - 2bd/4ba - (4 DOMP) Regular Sale
Asking Price - $315,000 - Sales Price - $325,000 - Seller Subsidy - $00

12160 Penderview Ln #1738 - 2bd/2ba - (24 DOMP) Regular Sale
Asking Price - $229,900 - Sales Price - $229,900 - Seller Subsidy - $9,011.00

12158 Penderview Ln #1704 - 2bd/1ba (0 DOMP) Regular Sale
Asking Price - $215,000 - Sales Price - $212,500 - Seller Subsidy - $12,075.49

12012 Ridge Knoll Drive #1 -2bd/2ba - (22 DOMP) Regular Sale
Asking Price - $245,000 - Sales Price - $238,000 - Seller Subsidy - $00

3904 Penderview Dr #735 - 1bd/1b1 - (15 DOMP) Short Sale
Asking Price - $160,000 - Sales Price - $157,000 - Seller Subsidy - $4,621

12153 Penderview Ln #2021- 2bd/2ba - (138 DOMP) Regular Sale
Asking Price - $229,900- Sales Price - $229,900 - Seller Subsidy - $10,112.00

3935 Clares Ct - 3bd/4ba - (0 DOMP) Regular Sale
Asking Price - $470,000 - Sales Price - $458,000 - Seller Subsidy - $00

12111 Wedgeway Pl - 2bd/4ba (42 DOMP) Regular Sale
Asking Price - $307,500 - Sales Price - $320,000 - Seller Subsidy - $00

12023 Golf Ridge Ct #302 - 3bd/2ba - (3 DOMP) Regular Sale
Asking Price - $159,900 - Sales Price - $179,999 - Seller Subsidy - $00

3908 Penderview Dr #606 - 2bd/1b1 (147 DOMP) Short Sale (Took 9 months to close)
Asking Price - $255,000 - Sales Price - $255,000 - Seller Subsidy - $4,500

3954 Valley Ridge Dr - 3bd/4ba (16 DOMP) Regular Sale
Asking Price - $445,000 - Sales Price - $428,500 - Seller Subsidy - $00

12023 Lisa Marie Ct - 3bd/4ba (29 DOMP) Regular Sale .
Asking Price - $255,000 - Sales Price - $255,000 - Seller Subsidy - $4,500

12114 Green Leaf Ct #201 - 3bd/2ba - (10 DOMP). Regular Sale .
Asking Price - $247,900 - Sales Price - $246,900 - Seller Subsidy - $00


12163 Penderview St #1022 - 1bd/1ba (25 DOMP) Short Sale (Took 4 months to close) .
Asking Price - $120,000 - Sales Price - $120,000 - Seller Subsidy - $5,000

12005 Ridge Knoll Dr #2 - 2bd/2ba (6 DOMP) Short Sale (Took 15 months to close)
Asking Price - $239,000 - Sales Price - $260,000 - Seller Subsidy - $0

12138 Wedgeway Ct - 2bd/4ba (25 DOMP) Short Sale (Took one month to close)
Asking Price - $320,000 - Sales Price - $320,000 - Seller Subsidy - $3,000

12106 Greenway Ct #102 - 3bd/2ba (101 DOMP) Regular Sale
Asking Price - $269,900 - Sales Price - $265,000 - Seller Subsidy - $3,000

3913 Valley Ridge Dr - 3bd/3ba (287 DOMP) Regular Sale
Asking Price - $415,000 - Sales Price - $390,000 - Seller Subsidy - $0

12162 Penderview Ln #1602 - 1bd/1ba (25 DOMP) - Bank Owned
Asking Price - $140,000 - Sales Price - $140,000 - Seller Subsidy - $8,400




Penderbrook Home Sales 2008 vs. 2009

95 homes sold in 2009 vs 46 homes sold in 2008

Distressed Properties in 2009

10 Short Sales Sold / 13 Bank Owned Sold  = 24%

2009 Penderbrook Home Sales - Click on the image to it larger

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