Weekly Update 2/18/12 - 2/24/12

INTRODUCTION

As of today, there are 11 active listings in MLS and 9 homes which went under contract in the past 30 days. This gives us a current absorption rate of 1.2, loer than last week's rate of 1.3. Of the 11 active listings, 1 is new, 7 are traditional re sales the remainder are distressed sales which break down as follows:

Disclosed Potential Short Sale Condos: 0
Disclosed Potential Short Sale Town Homes: 3
Disclosed Potential Short Sale Detached Homes: 0
Disclosed Potential Short Sales: 3
Percent of Short Sales: 27.3%

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

Total Distressed Sales: 3
Percent of Total Distressed Sales: 27.3%

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

NEW LISTINGS

According to MLS there was 1 home new to mls for the week of 2/18/12 - 2/24/12. This 1 less than the previous week.

Town Homes:
41908 MORELAND MINE TER S,	LP: $389,990 DOMM/DOMP: 1/1

UNDER CONTRACT

According to MLS, there was 1 home which went under contract during this period, the same amount as the previous week.

Town Homes:
25086 CYPRESS MILL TER, Status: CNTG/NO KO LP: $399,000 DOMM/DOMP: 12/12

This is 1 less distressed sales going to under contract status this past than in the previous week. The average days on the market for the home is 12 days or about .4 months. This is under the current absorption rate for Stone Ridge of 1.3 mentioned in the introduction.

SOLD

Acording to MLS there was 1 home sold and went to record for the week of 2/18/12 - 2/24/12. 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

41957 BLUE FLAG TER #69, $275,000, $258,000 - $7,980 = $250,020, 90.1%, 30/30 (bank owned)

 

Average Net %: 90.1%
Average DOMM / DOMP: 30/30

SUMMARY

The current inventory level for Stone Ridge decreased to 11 active listings. There was 1 new listings, 1 home recieving contracts and 1 home 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.

Mid Week Update 2/18/2011-2/22/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 11 homes for sale, 1 is a new home from the builder.  No homes came on to the market. No homes received a contract. No homes were reported sold. I will provide a more details in next week's Weekly Update.







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.

Weekly Update 2/11/12 - 2/17/12

INTRODUCTION

As of today, there are 12 active listings in MLS and 9 homes which went under contract in the past 30 days. This gives us a current absorption rate of 1.3, the same as last week's rate of 1.3. Of the 10 active listings, 1 is new, 6 are traditional re sales the remainder are distressed sales which break down as follows:

Disclosed Potential Short Sale Condos: 0
Disclosed Potential Short Sale Town Homes: 4
Disclosed Potential Short Sale Detached Homes: 0
Disclosed Potential Short Sales: 4
Percent of Short Sales: 33.3%

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

Total Distressed Sales: 3
Percent of Total Distressed Sales: 30%

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

NEW LISTINGS

According to MLS there were 2 homes new to mls for the week of 2/11/12 - 2/17/12. This 1 more than the previous week.

Town Homes: 25120 ANDES TER, STONE RIDGE, LP: $400,000 DOMM/DOMP: 3/3

Detached Homes:
24791 PRAIRIE GRASS DR, LP: $549,900 DOMM/DOMP: 6/6

UNDER CONTRACT

According to MLS, there were 1 home which went under contract during this period, the same amount as the previous week.

Town Homes:
24694 SILTSTONE SQ, Status: CNTG/NO KO LP: $349,000 DOMM/DOMP: 95/95 (short sale)

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 home is 95 days or about 3.2 months. This is over the current absorption rate for Stone Ridge of 1.3 mentioned in the introduction.

SOLD

Acording Acording to MLS there was 1 home sold and went to record for the week of 2/11/12 - 2/17/12. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.

Detached Homes:

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

HIMALAYAS TERRACE TER, $386,820, $386,820- $10,000 = $376,820, 97.4%, 0/0 (new construction)

Average Net %: 97.4%
Average DOMM / DOMP: 0/0

SUMMARY

The current inventory level for Stone Ridge increased to 12 active listings. There was 2 new listings, 1 home recieving contracts and 1 home 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.

Mid Week Update 2/11/2011-2/15/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 12 homes for sale, 1 is a new home from the builder.  2 homes came on to the market; a traditional sale town home and a traditional sale detached home. 1 home received a contract, a short sale town home. No homes were reported sold. I will provide a more details in next week's Weekly Update.







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.

Weekly Update 2/4/12 - 2/10/12

INTRODUCTION

As of today, there are  10 active listings in MLS and 8 homes which went under contract in the past 30 days. This gives us a current absorption rate of 1.3, the same as last week's rate of 1.3. Of the 10 active listings, 1 is new, 6 are traditional re sales the remainder are distressed sales which break down as follows: Disclosed Potential Short Sale Condos: 0
Disclosed Potential Short Sale Town Homes: 3
Disclosed Potential Short Sale Detached Homes: 0
Disclosed Potential Short Sales: 3
Percent of Short Sales: 30%

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

Total Distressed Sales: 3
Percent of Total Distressed Sales: 30%

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

NEW LISTINGS

According to MLS there was 1 home new to mls for the week of 2/4/12 - 2/10/12. This is the same as the previous week.

Town Homes: 25086 CYPRESS MILL TER, LP: $399,000 DOMM/DOMP: 0/0

UNDER CONTRACT

According to MLS, there were 1 home which went under contract during this period, 4 less than the previous week.

Town Homes:
24691 SILTSTONE SQ, Status: CNTG/NO KO LP: $333,000 DOMM/DOMP: 194/194 (short sale)

This is 1 more distressed sales going to under contract status this past than in the previous week. The average days on the market for the home is 194 days or about 6.5 months. This is over the current absorption rate for Stone Ridge of 1.3 mentioned in the introduction.

SOLD

Acording Acording to MLS there was no home sold and went to record for the week of 2/4/12 - 2/10/12. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.

SUMMARY

The current inventory level for Stone Ridge increased to 10 active listings. There was 1 new listings, 1 home recieving contracts and no home 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.

Mid Week Update 2/4/2011-2/7/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 10 homes for sale, 1 is a new home from the builder. No homes came on to the market. 1 home received a contract, a short sale town home.  No homes were reported sold. I will provide a more details in next week's Weekly Update.







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.

Weekly Update 1/28/11 - 2/3/12

INTRODUCTION

As of today, there are  9 active listings in MLS and 7 homes which went under contract in the past 30 days. This gives us a current absorption rate of 1.3, higher than last week's rate of 0. Of the 9 active listings, 1 is new, 3 are traditional re sales the remainder are distressed sales which break down as follows:

Disclosed Potential Short Sale Condos: 0
Disclosed Potential Short Sale Town Homes: 5
Disclosed Potential Short Sale Detached Homes: 0
Disclosed Potential Short Sales: 5Percent of Short Sales: 55.6%

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

Total Distressed Sales: 5
Percent of Total Distressed Sales: 55.6%

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

NEW LISTINGS

According to MLS there was  1 home new to mls for the week of 11/28/11 - 2/3/12. This is 1 less  than the previous week.

Town Homes: 25108 MAGNETITE TER, LP: $369,900 DOMM/DOMP: 6/6

UNDER CONTRACT

According to MLS, there were no homes which went under contract during this period, 4 less than the previous week.

SOLD

Acording Acording to MLS there was 1 home sold and went to record for the week of/28/11 - 2/3/12. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.

Town Homes:

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

42035 BUSHCLOVER TER, $349,000, $349,000- $9,381 = $339,619, 97.3%, 107/122

Average Net %: 97.3%
Average DOMM / DOMP: 107/122

SUMMARY

The current inventory level for Stone Ridge increased to 9 active listings. There was 1 new listings, no home recieving contracts and 1 home 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.