Tom Conner - LakeRidge - MR - JUL17

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Hampton House & Sherbrooke Fine Condos & Townhomes of Lake Ridge | July 2017 Real Estate Market Report

Jonathan and Angela-Marie, The demand for your community is high! If you are thinking of making a move to your next dream home, contact me at 703.599.7127 for a free market analysis of your home.

SELLER’S MARKET

2

ONLY

$

TAKE ADVANTAGE OF THE

ACTIVE HOMES

in Your Community!

Homes Currently Active Status Address

Complex

Beds

Baths

Est. Sq. Ft.

List Price

List Date

Active

12225 Wadsworth Way #12225

Hampton House

2

2

1,095

$175,000

03/24/17

Active

12215 Densmore Court

Sherbrooke

3

3

1,785

$235,000

06/11/17

There are 6 Condos & Townhomes Currently Under Contract in Your Community. For more information about any fine Condos & Townhomes of Lake Ridge, call me today at 703.599.7127.

Homes Sold Since January 1st, 2017 Status Address

Complex

Sold

Hampton House

12294 Wadsworth Way #24

Beds

Baths

Est. Sq. Ft.

List Price

List Date Sold Price Sold Date

2

2

1,224

$159,900

11/29/16 $159,900

04/28/17

Sold

12326 Wadsworth Way #8

Hampton House

2

2

1,095

$180,000

12/27/16 $176,000

03/17/17

Sold

12317 Wadsworth Way #47

Hampton House

2

2

1,095

$179,900

01/09/17 $180,900

02/10/17

Sold

3599 Sherbrooke Circle

Sherbrooke

3

2

1,440

$230,000

04/14/17 $235,000

05/31/17

Sold

12268 Ladymeade Court #302 Sherbrooke

2

2

1,075

$189,900

05/04/17 $181,000

05/25/17

Sold

12286 Ashmont Court #2

Sherbrooke

2

2

1,074

$162,300

04/03/17 $160,000

05/22/17

Sold

12345 Newcastle Loop #21

Sherbrooke

3

3

1,510

$224,450

02/21/17 $231,000

04/25/17

Sold

3557 Sherbrooke Circle

Sherbrooke

3

3

1,728

$235,000

03/02/17 $235,000

04/03/17

Sold

3560 Sherbrooke Circle #103

Sherbrooke

2

2

1,041

$175,000

02/09/17 $175,000

03/10/17

Sold

3560 Sherbrooke Circle #6

Sherbrooke

2

2

960

$173,750

12/01/16 $173,750

01/27/17

Sold

3570 Sherbrooke Circle #7

Sherbrooke

2

2

1,095

$179,000

08/24/16 $173,000

01/05/17

Tom Conner and RE/MAX Gateway are not in any way affiliated with any of the Hampton House and Sherbrooke Condo Associations, nor is this in any way an official advertisement or publication of Hampton House and Sherbrooke Condos. ©2017 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRIS as of June 13th, 2017. Listings and sales may not be those of RE/MAX. The National Association of Realtors® and MRIS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Presented by Tom Conner, Your Neighborhoods’ Real Estate Specialist Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2017


7521 Virginia Oaks Drive, Suite 100 Gainesville, VA 20155 ATTENTION POSTMASTER: Time Sensitive Materials

Associate Broker

703.599.7127 Tom@TomConner.com TomConner.com Buying, Selling, Renting, or Need a Property Manager? No matter what your needs, Tom Conner is focused on what matters most to you!

Prepared Especially for Jonathan and Angela-Marie Williams

SALES PRICES ARE INCREASING! Fine Condos & Townhomes of Lake Ridge | 2017 Year-to-Date Review

Hampton House

Sherbrooke Condos & Townhomes

Condo Sold Prices 2016

Median: $159,250 Low: $142,000 High: $176,500

Condo Sold Prices

2017

Median: $176,000 Low: $159,900 High: $180,900

2016

2017

Median: $160,000 Median: $173,750 Low: $144,000 Low: $160,000 High: $173,000 High: $181,000

Townhome Sold Prices 2016

2017

Median: $232,450 Median: $235,000 Low: $224,900 Low: $231,000 High: $240,000 High: $235,000

Sales Price Increase: $16,750

Sales Price Increase: $13,750

Sales Price Increase: $2,550

Number of Condos Sold

Number of Condos Sold

Number of Townhomes Sold

Year-to-Date 2016: 2

Year-to-Date 2016: 6

Year-to-Date 2016: 2

Year-to-Date 2017: 3

Year-to-Date 2017: 5

Year-to-Date 2017: 3

Condos Sold Increase: 1

Condos Sold Decrease: 1

Townhomes Sold Increase: 1

Days on Market

Days on Market (Condos)

Days on Market (Townhomes)

2016

Average: 124 Low: 6 High: 241

2017

Average: 48 Low: 2 High: 105

Average DOM: 76 Days Faster

2016

Average: 67 Low: 9 High: 106

2017

Average: 35 Low: 3 High: 142

Average DOM: 32 Days Faster

2016

Average: 109 Low: 108 High: 110

2017

Average: 4 Low: 2 High: 5

Average DOM: 105 Days Faster

Data pulled from the MRIS for the period of January 1st - June 13th, 2016 and 2017. Data deemed accurate but not guaranteed.

With Sales Prices Increasing, Do You Know the NEW Value of Your Home? Jonathan and Angela-Marie, Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Tom Conner, your Neighborhoods’ real estate specialist. You will not be contacted with any other solicitation.

www.LiveInLakeRidgeCondos.com


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