Wednesday, April 23, 2014

Mid Week Update 4/19/2014 - 4/23/2014

I wanted to provide a mid week update for Stone Ridge. there are currently 11 homes for sale. No homes came on the market.  No homes received a contract.  1 homes were reported sold; a traditional sale town home.  I will provide a more details in next week's Weekly Update.   For RBI's most current monthly market statistics of entire 20105 zip code CLICK HERE.


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

Saturday, April 19, 2014

Weekly Update 4/12/2014 - 4/18/2014

INTRODUCTION


As of today, there are 9 active listings in MLS and 14 homes which went under contract in the past 30 days. This gives us a current absorption rate of .6 lower than last week's rate .6. 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:  1
Disclosed Potential Short Sale Detached Homes:  0
Percent of Short Sales: 11%
 
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 Bank Owned: 0%
 
 
Percent of Total Distressed Sales: 11%
 
  
 
 
Contact me if you would like additional information on any of these Stone Ridge Homes for Sale
 
 
 
 
 
 
 
NEW LISTINGS
 
 
According to MLS there were 1 homes new to mls for the week of 4/12/2014 - 4/18/2014 . This 2 less than the previous week.
 
 
Condos:
 
 
Town Homes:
24646 NETTLE MILL SQ, LP:  $409,900 DOMM/DOMP: 1/1

 
Detached Homes:
 
 

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

 
 
   

 
 
 
 
 
 
UNDER CONTRACT
 
 
According to MLS, there were 2 homes which went under contract during this period the same amount as the previous week.
 
 
Condos:
 
 
Town Homes:
25105 GREEN MOUNTAIN TER, Status: CNTG/NO KO  LP: $405,000 DOMM/DOMP: 7/7 
41921 BERYL TER, Status: CNTG/NO KO  LP: $409,900 DOMM/DOMP: 8/8
 
 
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 2 homes is 8 days or about .3 months. This is lower than the current absorption rate for Stone Ridge of .6 mentioned in the introduction.   
  

 

Contact me if you would like additional information on any of these Stone Ridge Homes for Under Contract
 
 
 
 
 
 
SOLD
 
 
 
According to MLS there were no homes sold and went to record for the week of  4/12/2014 - 4/18/2014 . 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/DOMP 
 
 
   
 
Detached Homes:
Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP
 

Average Net %: n/a
Average DOMM / DOMP: n/a
 
    
 

 
SUMMARY

 
The current inventory level for Stone Ridge remained at 9 active listings. There were 1 new listings, 2 home receiving contracts and no homes reported sold last week. For RBI's most current monthly market statistics of entire 20105 zip code CLICK HERE.
 
 
 
   
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