INTRODUCTION
As of today, there are 5 active listings in MLS and
9 homes which went under contract in the past 30 days. This gives us a current absorption rate of
0, the same as last week's rate of
0. The number of distressed sales out of the total actives and the breakdown is as follows:
Disclosed Potential Short Sale Condos: 0
Disclosed Potential Short Sale Town Homes: 0Disclosed Potential Short Sale Detached Homes: 0Disclosed Potential Short Sales: 0Percent of Short Sales: 0%
Bank Owned Condos: 0Bank Owned Town Homes: 0Bank Owned Detached Homes: 0Total Bank Owned: 0Percent of Bank Owned: 0%Foreclosed Condos: 0
Foreclosed Town Homes: 0
Foreclosed Detached Homes: 0
Total Foreclosed: 0
Percent of Bank Owned: 0%
Total Distressed Sales: 0Percent of Total Distressed Sales: 0%
Contact me if you would like additional information on any of these Stone Ridge Homes for Sale
NEW LISTINGS
According to MLS there were
no homes new to mls for the week of 5/11/2013 - 5/17/2013
. This is
1 less than the previous week.
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UNDER CONTRACT
According to MLS, there were 2 homes which went under contract during this period, 1 more than the previous week.
Condoa: 24635 ROSEBAY TER,, Status: CNTG/NO KO LP: $275,000 DOMM/DOMP: 5/5 (short sale)
Detached Homes: 24816 STONE PILLAR DR, Status: CNTG/NO KO LP: $575,000 DOMM/DOMP: 43/43
This is the same amount of distressed sales going to under contract status this past than in the previous week. The average days on the market for the 2 homes are 24 days or about .8 months. This is over the current absorption rate for Stone Ridge of 0 mentioned in the introduction.
Contact me if you would like additional information on any of these Stone Ridge under contract
SOLD
According to MLS there were no homes sold and went to record for the week of 5/11/2013 - 5/17/2013. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.
The current inventory level for Stone Ridge decreased to 5 active listings. There were no new listings, 2 homes receiving contracts and no homes reported sold last week.
Disclaimer: Information is deemed reliable but not guaranteed. MLS data was used which means For Sale By Owner information may have not been included. All homes entered as comps (e.g. new construction) were removed as well. MLS data is subject to human errors such as agents entering wrong values. This is not an appraisal but purely for informative purposes only. If you spot an error, please email me
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