Friday, December 2, 2016

Weekly Update 11/26/2016 – 12/2/2016

INTRODUCTION





As of today, there are 4
active listings in MLS, 0 homes coming soon and 6 homes which went under contract in the past 30 days. This gives us a current absorption rate of .7 lower than last week's .9 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: 0                                                                    
Disclosed Potential Short Sale Detached Homes: 1
Disclosed Potential Short Sales:0
Percent of Short Sales: 0%

Bank Owned Condos: 0
Bank Owned Town Homes: 0
Bank Owned Detached Homes:  0
Total Bank Owned: 0
Percent of Bank Owned: 0%

Foreclosed Condos:  0
Foreclosed Town Homes:  0
Foreclosed Detached Homes: 0
Total Foreclosed: 0
Percent of Foreclosed: 0%

Total Distressed Sales: 0
Percent 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 are 1 homes new to mls for the week of 11/26/2016 – 12/2/2016.  The same amount as the last week:

Condos:



Town Homes:




Detached & Semi Detached Homes:
41877 CORDGRASS CIR, LP: $697,000  DOMM/DOMP 0/0







Contact me if you would like additional information on any of these Stone Ridge Homes for Sale







UNDER CONTRACT







According to MLS, there were 0 homes which went under contract during this period, 1 less  than the previous week:

Condos:


Town Homes:



Detached & Semi Detached Homes:



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 0 homes is n/a days or about n/a months. This is n/a than the current absorption rate for Stone Ridge .7 mentioned in the introduction.

   










SOLD



 According to MLS there were 4 homes sold and went to record for the week of  11/26/2016 – 12/2/2016.  Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.

Condos:
Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP



Town Homes:
Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DO


  
25202 QUARTZITE TER, $447,210, $447,210 - $7,210 = $440,000,  98.4%, 3/3
41925 MORELAND MINE TER, $449,000, $440,000 - $10,000 = $430,000,  95.8%, 13/13



Detached & Semi Detached Homes:
Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP
25014 MINERAL SPRINGS CIR, $529,900, $529,900 - $3,000 = $526,900,  99.4%, 110/110
24821 NATURAL BRIDGE PL, $680,000, $680,000 - $11,520 = $668,480,  97.2%, 10/10

Average Net %: 98%
Average DOMM / DOMP: 34/34










SUMMARY




The current inventory level for Stone Ridge decreased to 4 active listings. There were 1 new listings, 0 homes receiving contracts and 4 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

Wednesday, November 30, 2016

Mid Week Update 11/26/2016 - 11/30/2016

I wanted to provide a mid week update for Stone Ridge. there are currently 3 homes for sale. 0 homes new to the market.0 homes received a contract.  3 homes were reported sold; 2 traditional sale town homes and 1 traditional sale detached homes.  There are 1 homes coming soon.  I will provide a more details in next week's Weekly Update.  

Wednesday, November 23, 2016

Mid Week Update 11/19/2016 - 11/23/2016

I wanted to provide a mid week update for Stone Ridge. there are currently 4 homes for sale. 0 homes new to the market. 2 homes received a contract; 1 traditional sale condos and 1 traditional sale detached homes.  0 homes were reported sold; 1 traditional sale town homes.  There are 0 homes coming soon.  I will provide a more details in next week's Weekly Update.