Weekly Update 12/25/10 -12/31/10

INTRODUCTION

As of today, there are 31 active listings in MLS and 2 homes which went under contract in the past 30 days. This gives us a current absorption rate of 15.5 which is higher than last week's rate of 10.3. Of the 31 active listings,18 are new from the builder, 7 are traditional re sales the remainder are distressed sales which break down as follows:

Disclosed Potential Short Sale Condos: 1
Disclosed Potential Short Sale Town Homes: 1
Disclosed Potential Short Sale Detached Homes: 2
Total Disclosed Potential Short Sales: 4
Percent of Short Sales: 12.9%


Bank Owned Condos: 0
Bank Owned Town Homes: 2
Bank Owned Detached Homes: 0
Total Bank Owned: 2
Percent of Bank Owned: 6.5%


Total Distressed Sales: 6
Percent of Total Distressed Sales: 19.4%

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

NEW LISTINGS

According to MLS there were No homes new to the market for the week of 12/25/10 -12/31/10. This is 1 less than the previous week

UNDER CONTRACT

Acording to MLS were No homes which received contracts the week of 12/25/10 -12/31/10. This is 1 less than the previuos week

SOLD

Acording to MLS there was 1 home sold and went to record for the week of 12/25/10 -12/31/10. 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

42012 URAL DR, $534,800, $520,000 - $5,000 = $515,000, 96.3%, 20/61


Average Net %: 96.3%

Average DOMM / DOMP: 20/61

SUMMARY

The current inventory level for Stone Ridge remained at 31 active listings. There were No new listings, No homes recieving a contract 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 12/25/2010-12/29/2010

I wanted to provide a mid week update for Stone Ridge. There are currently 31 homes for sale 13 resales and 18 New from the Builder. No homes came on to the market. No homes received a contract. No homes has been 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 12/18/10 -12/24/10

INTRODUCTION

As of today, there are 31 active listings in MLS and 3 homes which went under contract in the past 30 days. This gives us a current absorption rate of 10.3 which is higher than last week's rate of 8.7. Of the 26 active listings,13 are new from the builder, 7 are traditional re sales the remainder are distressed sales which break down as follows:

Disclosed Potential Short Sale Condos: 1
Disclosed Potential Short Sale Town Homes: 1
Disclosed Potential Short Sale Detached Homes: 2
Total Disclosed Potential Short Sales: 4
Percent of Short Sales: 12.9%


Bank Owned Condos: 0
Bank Owned Town Homes: 1
Bank Owned Detached Homes: 0
Total Bank Owned: 1
Percent of Bank Owned: 3.2%

Total Distressed Sales: 6
Percent of Total Distressed Sales: 23.1%

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

NEW LISTINGS

According to MLS there was 1 home new to the market for the week of 12/18/10 -12/24/10. This is 14 more than the previous week

Town Homes:
42003 BUSHCLOVER TER, ML#: LO7499084 LP: $399,999 DOMM/DOMP: 5/99

UNDER CONTRACT

Acording to MLS was 1 home which received contracts the week of 12/18/10 -12/24/10. This is 1 more than the previuos week
24996 WATERDOCK DR,  ML#: LO7420577 LP: $575,000 Status: CNTG/NO KO DOMM/DOMP: 40/40 (short Sale)

SOLD

Acording to MLS there was 1 home sold and went to record for the week of 12/18/10 -12/24/10. 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

24979 HALITE DR,  $649,950, $620,000 - $5,000 = $615,000, 94.6%,60/60


Average Net %: 94.6%

Average DOMM / DOMP: 60/60


 
 

SUMMARY

The current inventory level for Stone Ridge increased to 31 active listings. There was 1 new listings, 1 homes recieving a contract 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 12/18/2010-12/21/2010

I wanted to provide a mid week update for Stone Ridge. There are currently 32 homes for sale 14 resales and 18 New from the Builder. No homes came on to the market. No homes received a contract. No homes has been 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 12/11/10 -12/17/10

INTRODUCTION

As of today, there are 26 active listings in MLS and 3 homes which went under contract in the past 30 days. This gives us a current absorption rate of 8.7 which is higher than last week's rate of 3. Of the 26 active listings,13 are new from the builder, 7 are traditional re sales the remainder are distressed sales which break down as follows:

Disclosed Potential Short Sale Condos: 1
Disclosed Potential Short Sale Town Homes: 1
Disclosed Potential Short Sale Detached Homes: 3
Total Disclosed Potential Short Sales: 5
Percent of Short Sales: 19.2%


Bank Owned Condos: 0
Bank Owned Town Homes: 1
Bank Owned Detached Homes: 0
Total Bank Owned: 1
Percent of Bank Owned: 3.9%


Total Distressed Sales: 6
Percent of Total Distressed Sales: 23.1%

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

NEW LISTINGS

According to MLS there were 14 homes new to the market for the week of 12/11/10 -12/17/10. This is 14 more than the previous week

Condos:

24704 BYRNE MEADOW SQ #102, ML#: LO7495664 LP: $194,990  DOMM/DOMP: 4/4 (new)
24704 BYRNE MEADOW SQ #103, ML#: LO7496175 LP: $194,990  DOMM/DOMP: 4/4 (new)
24704 BYRNE MEADOW SQ #304, ML#: LO7496334 LP: $199,990 DOMM/DOMP: 3/3  (new)
24704 BYRNE MEADOW SQ #401, ML#: LO7496340 LP: $212,990  DOMM/DOMP: 3/3 (new)
24704 BYRNE MEADOW SQ #404, ML#: LO7496341 LP: $212,990  DOMM/DOMP: 3/3 (new)
24704 BYRNE MEADOW SQ #202, ML#: LO7496203 LP: $222,990  DOMM/DOMP: 4/4 (new)
24704 BYRNE MEADOW SQ #201, ML#: LO7496209 LP: $222,990 DOMM/DOMP: 4/4 (new)
0 BYRNE MEADOW SQ #0, ML#: LO7496342 LP: $227,990  DOMM/DOMP: 3/3 (new)
24704 BYRNE MEADOW SQ #101, ML#: LO7496149 LP: $242,990 DOMM/DOMP: 4/4 (new)
24704 BYRNE MEADOW SQ #104, ML#: LO7496159 LP: $252,990 DOMM/DOMP: 4/4 (new)
41965 BLUE FLAG TER #57, ML#: LO7497308 LP: $255,000 DOMM/DOMP: 2/2 (short sale)

Town Homes:

0 FLUVIAL TER, ML#: LO7495435 LP: $348,990 DOMM/DOMP: 5/5 (new)0 FLUVIAL TER, ML#: LO7495436 LP: $349,990 DOMM/DOMP: 5/5 (new)
0 FLUVIAL TER, ML#: LO7495430 LP: $359,990  DOMM/DOMP: 5/5 (new)

UNDER CONTRACT

Acording to MLS were NO homes which received contracts the week of 12/11/10 -12/17/10. This is the same amount as in the previuos week.

SOLD

Acording to MLS there were 2 homes sold and went to record for the week of 12/11/10 -12/17/10. 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

42038 GLASS MOUNTAIN PL, $485,000, $485,000 - $12,500, $472,500, 97.4%, 46/46 (short sale)
24800 SHELLS WAY, $695,000, $692,000 - $0 = $692,000, 99.6%, 23/23 


Average Net %: 98.5%

Average DOMM / DOMP: 35/35

SUMMARY

The current inventory level for Stone Ridge increased to 26 active listings. There were 14 new listings, NO homes recieving contracts and 2 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

Mid Week Update 12/11/10 - 12/15/10

I wanted to provide a mid week update for Stone Ridge. There are currently 24 homes for sale 11 resales and 13 New from the Builder. 13 homes came on to the market, 10 condos to be built and 3 town homes to be built. No homes received a contract. 1 home has been reported sold, a short sale detached home. 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 12/4/10 -12/10/10

INTRODUCTION

As of today, there are 12 active listings in MLS and 4 homes which went under contract in the past 30 days. This gives us a current absorption rate of 3 which is higher than last week's rate of 1.6. Of the 12 active listings, 8 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: 1
Disclosed Potential Short Sale Detached Homes: 2
Total Disclosed Potential Short Sales: 3
Percent of Short Sales: 25%

Bank Owned Condos: 0
Bank Owned Town Homes: 1
Bank Owned Detached Homes: 0
Total Bank Owned: 1
Percent of Bank Owned: 8.3%

Total Distressed Sales: 4
Percent of Total Distressed Sales: 33.3%

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

NEW LISTINGS

According to MLS there were NO homes new to the market for the week of 12/4/10 -12/10/10. This is the same as the previous week

UNDER CONTRACT

Acording to MLS were NO homes which received contracts the week of 12/4/10 -12/10/10. This is 1 less than the amount in the previuos week.

SOLD

Acording to MLS there were 3 homes sold and went to record for the week of 12/4/10 -12/10/10. 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

25124 PENNYWORT TER, $369,900, $387,000 - $2,000 = $385,000, 104.1%, 4/4 (short sale)
41934 CINNABAR SQ, $399,900, $375,000 - $0 = $375,000, 98.7%, 28/28 

Detached Homes:

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

24820 STONE PILLAR DR, $599,900, $600,000 - $10,000 = $590,000, 98.3%, 55/55



Average Net %: 100.4%

Average DOMM / DOMP: 29/29

SUMMARY

The current inventory level for Stone Ridge increased to 12 active listings. There were NO new listings, NO homes recieving contracts and 3 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

Mid Week Update 12/4/10 - 12/8/10

I wanted to provide a mid week update for Stone Ridge. There are currently 11 homes for sale ALL resales. No homes came on to the market. No homes received a contract. No homes have been 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 11/27/10 -12/3/10

INTRODUCTION

As of today, there are 11 active listings in MLS and 7 homes which went under contract in the past 30 days. This gives us a current absorption rate of 1.6 which is higher than last week's rate of 1.5. Of the 11 active listings, 8 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: 1
Disclosed Potential Short Sale Detached Homes: 1
Total Disclosed Potential Short Sales: 2
Percent of Short Sales: 18.2%

Bank Owned Condos: 0
Bank Owned Town Homes: 1
Bank Owned Detached Homes: 0
Total Bank Owned: 1
Percent of Bank Owned: 9.1%

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.

NEW LISTINGS

According to MLS there were NO homes new to the market for the week of 11/27/10 -12/3/10. This is the same as the previous week
 
 
 

UNDER CONTRACT

Acording to MLS there was 1 home which received contracts the week of 11/27/10 -12/3/10. This is 3 less than the amount in the previuos week.

Town Homes:
42039 BUSHCLOVER TER, LP: $349,900 Status: CNTG/NO KO DOMM/DOMP: 43/43  (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 1 homes is 43 days or about 1.5 months. This under the current absorption rate for Stone Ridge of 1.6 mentioned in the introduction

SOLD

Acording to MLS there were 2 homes sold and went to record for the week of 11/27/10 -12/3/10. 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


41997 BUSHCLOVER TER, $389,000, $378,000 - $0 = $378,000, 97.2%, 19/19

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


42070 PEPPERBUSH PL, $549,900, $520,000 -$0 = $520,000, 94.6%, 6/6 (short sale)

Average Net %: 95.9%

Average DOMM / DOMP: 13/13

SUMMARY

The current inventory level for Stone Ridge decreased to 11 active listings. There were NO new listings, 1 home recieving contracts and 2 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

Mid Week Update 11/27/10 - 12/1/10

I wanted to provide a mid week update for Stone Ridge. There are currently 12 homes for sale ALL resales. No homes came on to the market. No homes received a contract.  No homes have been 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.