Weekly Update 3/24/12 - 3/30/12

INTRODUCTION

As of today, there are 5 active listings in MLS and 14 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. Of the 5 active listings, 0 are new, 5 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: 0
Disclosed Potential Short Sale Detached Homes: 0
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%

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 was 1 home new to mls for the week of 3/24/12 - 3/30/12. This is 1 less than the previous week.

Detached Homes:
42030 ZIRCON DR,	LP: $569,990 DOMM/DOMP: 3/3

UNDER CONTRACT

According to MLS, there were 4 homes which went under contract during this period, the same amount of the previous week.

Town Homes:
25101 CYPRESS TER, Status: CNTG/NO KO LP: $269,900 DOMM/DOMP: 5/5
24647 CLOCK TOWER SQ, Status: CONTRACT LP: $355,000 DOMM/DOMP: 65/163
41864 DIABASE SQ, Status: CNTG/NO KO LP: $369,900 DOMM/DOMP: 28/28 (short sale)
25108 CYPRESS MILL TER, Status: CNTG/NO KO LP: $399,000 DOMM/DOMP: 3/3

This is the 1 less distressed sales going to under contract status this past than in the previous week. The days on the market for the homes are 50 days or about 1.7 months. This is over the current absorption rate for Stone Ridge of 0 mentioned in the introduction.

SOLD

Acording to MLS there was no homes sold and went to record for the week of 3/24/12 - 3/30/12. 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 decreased to 5active listings. There were 1 new listings, 4 home recieving 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.

Mid Week Update 3/24/2011-3/28/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 6 homes for sale.  1 home came on to the market, a traditional sale detaced home. 3 homes received a contract, a short sale town home and 2 traditional sale town homes. No homes was 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 3/17/12 - 3/23/12

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 0, lower than last week's rate of 1. Of the 9 active listings, 0 are new, 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: 0
Disclosed Potential Short Sales: 1
Percent of Short Sales: 11.1%

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:1
Percent of Total Distressed Sales: 11.1%

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 3/17/12 - 3/23/12. This the same amount as the previous week.


Town Homes:
25108 CYPRESS MILL TER, LP: $399,000 DOMM/DOMP: 1/1 

Detached Homes:
24779 PRAIRIE GRASS DR,	LP: $579,900 DOMM/DOMP: 1/1

UNDER CONTRACT

According to MLS, there were 4 homes which went under contract during this period, 2 more than the previous week.

Condos:
24675 BUTTONBUSH TER #35, Status: CNTG/NO KO LP: $260,000 DOMM/DOMP: 3/3 (short sale)

Town Homes:
42026 ANGEL ARCH TER, Status: CNTG/NO KO LP: $374,900 DOMM/DOMP: 5/5 (short sale)
25131 CUTGRASS TER, Status: CNTG/NO KO LP: $389,900 DOMM/DOMP: 10/10 
41904 MORELAND MINE TER, Status: CNTG/NO KO LP: $389,990 DOMM/DOMP: 7/7

This is the same amount of distressed sales going to under contract status this past than in the previous week. The days on the market for the homes are 6 days or about .2 months. This is over the current absorption rate for Stone Ridge of 0 mentioned in the introduction.

SOLD

Acording to MLS there was 1 home sold and went to record for the week of 3/17/12 - 3/23/12. 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

41835 CINNABAR SQ, $340,000, $340,000 - $9,712 = $330,288, 97.1%, 61/61 

Average Net %: 97.1%
Average DOMM / DOMP: 61/61

SUMMARY

The current inventory level for Stone Ridge increased to 10 active listings. There were 2 new listings, 4 home recieving contracts and 1 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 3/17/2011-3/21/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 8 homes for sale, 0 are new home from the builder.  No homes came on to the market. 3 homes received a contract, a short sale condo and 2 traditional sale town homes. No homes was 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 3/10/12 - 3/16/12

INTRODUCTION

As of today, there are 10 active listings in MLS and 10 homes which went under contract in the past 30 days. This gives us a current absorption rate of 0, lower than last week's rate of 1.3. Of the 9 active listings, 0 are 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: 2
Disclosed Potential Short Sale Detached Homes: 0
Disclosed Potential Short Sales: 2
Percent of Short Sales: 20%

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: 2
Percent of Total Distressed Sales: 20%

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 3/10/12 - 3/16/12. This 1 more than the previous week.


Condos:
24675 BUTTONBUSH TER #35, LP: $260,000 DOMM/DOMP: 1/1 (short sale)

Town Homes:
41904 MORELAND MINE TER,	LP: $389,990 DOMM/DOMP: 3/3

UNDER CONTRACT

According to MLS, there were 2 homes which went under contract during this period, 1 more than the previous week.

Town Homes:
42048 ANGEL ARCH TER, Status: CNTG/NO KO LP: $372,000 DOMM/DOMP: 198/198 (short sale)
41987 BUSHCLOVER TER, Status: CNTG/NO KO LP: $375,000 DOMM/DOMP: 2/2 (short sale)

This is 1 more of distressed sales going to under contract status this past than in the previous week. The days on the market for the homes are 100 days or about 3.3 months. This is over the current absorption rate for Stone Ridge of 1 mentioned in the introduction.

SOLD

Acording to MLS there were no homes sold and went to record for the week of 3/10/12 - 3/16/12. 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 were 2 new listings, 2 home recieving 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.

Mid Week Update 3/10/2011-3/14/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 11 homes for sale, 0 are new home from the builder.  2 homes came on to the market. No homes received a contract. No homes was 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 3/3/12 - 3/9/12

INTRODUCTION

As of today, there are 9 active listings in MLS and 10 homes which went under contract in the past 30 days. This gives us a current absorption rate of 0, lower than last week's rate of 1.3. Of the 9 active listings, 0 are 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: 2
Disclosed Potential Short Sale Detached Homes: 0
Disclosed Potential Short Sales: 2
Percent of Short Sales: 22.2%

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: 2
Percent of Total Distressed Sales: 22.2%

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 3/3/12 - 3/9/12. This the same as the previous week.

Town Homes:
25131 CUTGRASS TER,	LP: $389,900 DOMM/DOMP: 1/1

UNDER CONTRACT

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

Town Homes:
41899 CINNABAR SQ, Status: CNTG/NO KO LP: $360,000 DOMM/DOMP: 131/131 (short sale)

This is the same amount of distressed sales going to under contract status this past than in the previous week. The days on the market for the homes are 131 days or about 21.8 months. This is ovr the current absorption rate for Stone Ridge of 0 mentioned in the introduction.

SOLD

Acording to MLS there were  no homes sold and went to record for the week of 3/3/12 - 3/9/12. 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 decreased to 9 active listings. There was 1 new listings, 1 home recieving 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.

Mid Week Update 3/3/2011-3/7/2012

I wanted to provide a mid week update for Stone Ridge. There are currently 7 homes for sale, 0 are new home from the builder.  No homes came on to the market. 1 home received a contract, a short sale town home. No homes was 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 2/25/12 - 3/2/12

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, higher than last week's rate of 1.2. Of the 10 active listings, 1 is new, 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: 0
Disclosed Potential Short Sales: 1
Percent of Short Sales: 10%

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: 1
Percent of Total Distressed Sales: 10%

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 2/25/12 - 3/2/12. This the same as the previous week.

Town Homes:
25135 HUMMOCKY TER,	LP: $399,900 DOMM/DOMP: 1/1

UNDER CONTRACT

According to MLS, there were 2 homes which went under contract during this period, 1 more than the previous week.

Town Homes:
25142 BOOMERANG TER, Status: CNTG/KO LP: $339,990 DOMM/DOMP: 31/31 (short sale)

Detached Homes:
42030 PEPPERBUSH PL, Status: CNTG/NO KO LP: $644,900 DOMM/DOMP: 4/4

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 homes are 18 days or about .6 months. This is under the current absorption rate for Stone Ridge of 1.3 mentioned in the introduction.

SOLD

Acording to MLS there were 2 homes sold and went to record for the week of 2/25/12 - 3/2/12. 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

41922 MORELAND MINE TER, $379,990, $379,000 - $11,370 = $367.630, 96.7%, 11/11 


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

25030 GRAYWACKE DR, $549,900, $549,900 - $9,900 = $540,000, 98.2% 10/70

Average Net %: 97.5%
Average DOMM / DOMP: 11/41

SUMMARY

The current inventory level for Stone Ridge decreased to 10 active listings. There was 1 new listings, 2home 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.