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Fairfax, VA Real Estate News

By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Welcome back to our weekly market update, where we take a closer look at the latest happenings in the real estate world. Let's dive right in and see what's been shaking up the scene this week.Contracts on the RiseIt's official - contracts are on the rise, and they're exceeding numbers from last year. For the week ending April 14, new contracts surpassed those from the same week in 2023 by a solid 10.4%. And that's not all - there was a whopping 15.4% jump in new pending contracts compared to just last week.Canceled Listings on the RadarHere's the scoop: canceled listings are spiking, surpassing last year's numbers. With 332 canceled listings in the Bright MLS service area this week, that's a hefty 19.9% surge from the same week last year. Sellers might be hitting pause, waiting for the ...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyCedarLakesHome.com Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community in Fairfax, VA INTRODUCTION As of today (February 18, 2010 5 PM) there are 2 active homes in Cedar Lakes and 4 homes that are currently under contract and 2 homes that have sold in the last 30 days. Here's the breakdown of all active listings in MLS: Condos-3 Cedar Lakes A -1 Christopher at Cedar Lakes - 1   Townhomes-0 Cedar Lakes - 0 Carr at Cedar L - 0   NEW LISTINGS According to MLS, there is 0 new listing this week.   UNDER CONTRACT According to MLS, there is 2 townhomes and 2 condo under contract Condos 12501 Hayes Ct #301 - (5 DOMP ) 2bd/2ba 12471 Hayes Ct #202 - (8 DOMP ) 2bd/2ba   TH 4314 Sutler Hill Sq - (26 DOMP) 3bd/4ba 4327 Thomas Brigade Ln - (7 DOMP) 3bd/3ba   I will have ...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyGatesofFairLakesCondo.com   Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.   INTRODUCTION   If you are thinking about buying or selling here in Gates of Fair Lakes Contact me   As of today (Febrary 18, 2010) There are 5 active listings in MLS and 4 condos that are currently under contract. 1 condos have sold in the last 30 days.   Here's the breakdown of all active listings in MLS:   12862 Fair Briar Ln - 2bd/2ba 12801 Fair Briar Ln - 2bd/2ba 12775 Fair Briar Ln - 2bd/2ba 12853 Fair Briar Ln - 2bd/2ba 12873 Fair Briar Ln - 3bd/ 3ba   NEW LISTINGS According to MLS, there were 0 new listing this week.   UNDER CONTRACT   According to MLS, there are 0 condos under contract. 12783 Fair Briar Ln - 2bd/2ba (42 DOMP) . 4558 Superior Sq - 2bd/2ba - (35 DOMP...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyFairfaxRidgeCondo.com Those that follow this website are seeing this new listing first!  We showed you this listing 2 weeks ago. Before the public. Now its For Sale ! In todays market, you need to beat the competition and find out about listings before they are on the market.  Well this is one way we are helping our clients. 2 bedroom / 2 bath / 3 level Townhome with Garage in Fairfax Ridge $270,000 Email me today if you are interested in this property. Pictures will be going up next week but below is a 3 Minute Video ">
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
My PenderbrookHome.com   Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA   INTRODUCTION Ok we have some interesting things happening at Penderbrook right now.  First Townhomes.  Townhomes are selling fast ! This is very good news for home owners.  If you want to get top dollar in this market you need a really good agent that knows this community and can drive buyers to your property.  Ask us how we can get your home sold for top dollar.  Condos:  There has not been this many regular sale condos in a couple years here at Penderbrook.  This means that homeowners have competition. Only 4 short sales on the market.  All the rest are already under contract.  Of the 16 homes under contract.  3 are regular sales Buyers:  There are still som...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyGatesofFairLakesCondo.com   Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.   INTRODUCTION If you are thinking about buying or selling here in Gates of Fair Lakes Contact me   As of today (January 30, 2010) There are 7 active listings in MLS and 4 condos that are currently under contract. 2 condos have sold in the last 30 days.   Here's the breakdown of all active listings in MLS:   12862 Fair Briar Ln - 2bd/2ba 12801 Fair Briar Ln - 2bd/2ba 12775 Fair Briar Ln - 2bd/2ba 12853 Fair Briar Ln - 2bd/2ba 12783 Fair Briar Ln - 2bd/2ba 4652 Superior Sq - 2bd/2ba 12873 Fair Briar Ln - 3bd/ 3ba   NEW LISTINGS   According to MLS, there was 2 new listing this week.     UNDER CONTRACT   According to MLS, there are 5 condos under contract.   4558 Superior Sq - ...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyCedarLakesHome.com   Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community in Fairfax, VA INTRODUCTION   As of today (January 30, 2010 11 AM) there are 3 active homes in Cedar Lakes and 4 homes that are currently under contract and 1 home that have sold in the last 30 days.Here's the breakdown of all active listings in MLS: Condos-3   Cedar Lakes A -1 Christopher at Cedar Lakes - 2   Townhomes-0   Cedar Lakes - 0 Carr at Cedar L - 0   NEW LISTINGS   According to MLS, there is 0 new listing this week.   UNDER CONTRACT   According to MLS, there is 2 townhomes and 2 condo under contract   Condos 12501 Hayes Ct #301 - (5 DOMP ) 2bd/2ba 12471 Hayes Ct #202 - (8 DOMP ) 2bd/2ba   TH 4314 Sutler Hill Sq - (26 DOMP) 3bd/4ba 4327 Thomas Brigade Ln - (7 DOMP) 3bd/3b...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
Relevant Real Estate Information for the Foxfield Townhome Community in Fairfax, VA   INTRODUCTIONThere is one home on the market here at Foxfield. It probably wont last to long. It is a smaller townhome but a townhome none the less and priced under 340k  End unit and in excellent condition. If you would like to see it. Please email met today. Its a regular sale so dont expect this one to stay on the market to long. Contact me if you are thinking about buying or selling here in Foxfield. We have been helping this community for years and can give you a competitive edge. As of today (January 29, 2010  1 PM) there is 1 active home in Foxfield, 2 homes that are currently under contract and 1 home that has sold in the last 30 days.   Here's the breakdown of all active listings in MLS:   Town...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyFairRidgeHome.com   Relevant Real Estate Information for the Fair Ridge Townhome Community INTRODUCTION Not much movement at all the past couple weeks here at Fair Ridge.  That means its an excellent time to sell if you have to and are able. Short Sale - My definition - Selling your home  for less than what you owe.  - No more stressing about how you are going to make these payments and throwing your money away.  Just do it and get it over with and move on with your life.  I am short selling my home and believe me its a relief !!  I understand everything you are going through. Yes I can afford it, but why would I want to keep throwing money away ???  I already invested 30k into a downpayment and lost that. So why not let someone work for you that has been through what you are going th...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
My PenderbrookHome.com   Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA   INTRODUCTION  Not much change this week, we just had one sale in the last week.  I do have a property in the Oxford home section of Penderbrook coming on the market in 2 weeks.  I will have more info on this property next week.   Those that follow this blog will be the first to preview it and know the details before the rest of Northern Virginia. If you have any questions about short sales or would like to find out how much your home would sell for right now. Contact me As of today (January 28, 2010 5 PM) there are 15 active homes in Penderbrook and 15 homes that are currently under contract and 7 homes that have sold in the last 30 days.   Here's the breakdow...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
http://www.myfairfaxridgecondo.com/ Those that follow this website are seeing this new listing first!  This will be on the market in less than 2 weeks. In todays market, you need to beat the competition and find out about listings before they are on the market.  Well this is one way we are helping our clients.  2 bedroom / 2 bath / 3 level Townhome with Garage in Fairfax Ridge  Pricing will be announced next week. Under 280k though. Email me today if you are interested in this property. Pictures will be going up next week but below is a   3 Minute Video   ">
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
www.mypenderbrookhome.com Penderbrook Home Sales 2008 vs. 2009    95 homes sold in 2009 vs 46 homes sold in 2008  Distressed Properties in 2009  10 Short Sales Sold / 13 Bank Owned Sold  = 24%  2009 Penderbrook Home Sales - Click on the image to it larger        
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
My PenderbrookHome.com   Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA   INTRODUCTIONWe had no change since last week.  I have updated our stats for 2009.  Click on Penderbrook sales in 2009.   We had 95 homes sell in 2009 vs 46 in 2008 here in Penderbrook. For those of you owners who are having trouble making your payments or your mortgages are about to adjust and you wont be able to make your payments or you just want to sell your home but cant.  Contact me to see if you can qualify for a Short Sale. We are experienced Short Sale agents, I am actually short selling one of my properties right now also.  Besides taking a little hit on your credit, you basically lose whatever you put into the property and the lender forgives the res...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
http://foxfieldhomes.blogspot.com/ Relevant Real Estate Information for the Foxfield Townhome Community in Fairfax, VA INTRODUCTION There are currently no homes on the market at Foxfield. It has been a while since this has happened.  What this means for sellers.  Excellent opportunity to sell and sell quickly, if you have to.   Click on the links below to see sales report for 2009 here at Foxfield.  Our graphs for condos and townhomes sold in Fairfax have been updated to.  2009 has done slightly better than the past 2 years.  We expect a slight increase in 2010, nothing crazy but slowly building on 2009. Meaning a few more homes sold and home sale prices right around 2009 home sale prices.  Contact me if you are thinking about buying or selling here in Foxfield. We have been helping thi...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyCedarLakesHome.com   Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community in Fairfax, VA INTRODUCTION I updated our Fairfax graphs below.  It shows how 2009 has done slightly better in Fairfax vs 2008 and 2007.   Fairfax is great location and home values and sales have done really good this past year.  We expect 2010 to just slightly be higher than 2009.  This means a few more homes sold and a very little price increase. If you have any questions about about buying a home or would like to find out how much your home would sell for right now. Contact me   As of today (January 21, 2010 11 AM) there are 3 active homes in Cedar Lakes and 4 homes that are currently under contract and 1 home that have sold in the last 30 days.   Here's the breakdown of all act...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyGatesofFairLakesCondo.com   Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community. INTRODUCTION There are a few more Condos on the market here this week to choose from and that brings me to my Deal Of The Week at Gates of Fair Lakes! 12775 FAIR BRIAR LN #12775, FAIRFAX, VA 22033 The hardwood floors and updated kitchen speak volumes! plus the fact that its a regular sale and has a garage ++ Now price. Now you ask if this is over priced? Well prices have come back up slightly here at Gates of Fair lakes and there is a Bank Owned unit in this community for 290k but definately not as nice as this one.  If you are thinking about buying or selling here in Gates of Fair Lakes Contact me   As of today (January 18, 2010) There are 6 active listings in MLS and 4 con...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
My PenderbrookHome.com   Relevant Real Estate Information for the Penderbrook Community of Townhomes and Condos in Fairfax, VA   INTRODUCTION For those of you owners who are having trouble making your payments or your mortgages are about to adjust and you wont be able to make your payments or you just want to sell your home but cant.  Contact me to see if you can qualify for a Short Sale.   We are experienced Short Sale agents, I am actually short selling one of my properties right now also.  Besides taking a little hit on your credit, you basically lose whatever you put into the property and the lender forgives the rest.  In my case I put 20% down and will lose that 30k investment.   Why am I short selling and throwing away that 30k ?  Because it will take years for my property to come...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyCedarLakesHome.com  Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community in Fairfax, VA INTRODUCTION Short Sale - My definition - Selling your home  for less than what you owe.  - No more stressing about how you are going to make these payments and throwing your money away.  Just do it and get it over with and move on with your life.  I am short selling my home and believe me its a relief !!  I understand everything you are going through. Yes I can afford it, but why would I want to keep throwing money away ???  I already invested 30k into a downpayment and lost that. So let me work for you and get this financial burden off your back. If you have any questions about short sales or would like to find out how much your home would sell for right now.Contact...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyFairfaxCountyRealEstate.com  December 2009 Fairfax Real Estate Sales Market Report *207 Active Homes  Summary We had a pretty good December for Fairfax.  Home sales stayed steady with November and the good news was there 42 more homes on the market then the month before. Fairfax should have a really strong 2010! We will keep a watch it closely.  We are helping a few people short sell there homes here in Fairfax.  If you have any questions about this, please contact us today.  Contact me if you are looking to buy or sell soon. We would be honored to work with you.  Single Family Homes Fairfax Sold Fairfax Homes in December 2009: 43 homes Average Sold Price: $619,800 Median Sold Price: $522,000 Homes sold for about: 96.5% of asking price Average Days on Market:  84 days  Out of the 43 F...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
MyFairRidgeHome.com   Relevant Real Estate Information for the Fair Ridge Townhome Community INTRODUCTION Short Sale - My definition - Selling your home  for less than what you owe.  - No more stressing about how you are going to make these payments and throwing your money away.  Just do it and get it over with and move on with your life.  I am short selling my home and believe me its a relief !!  I understand everything you are going through. Yes I can afford it, but why would I want to keep throwing money away ???  I already invested 30k into a downpayment and lost that. So let me work for you and get this financial burden off your back. If you have any questions about short sales or would like to find out how much your home would sell for right now.Contact me   As of today (January 7...
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By Nate Johnson, Realtor
(Keller Williams Realty - Serving Northern Virginia)
http://foxfieldhomes.blogspot.com/ Relevant Real Estate Information for the Foxfield Townhome Community in Fairfax, VA INTRODUCTION  Short Sale - My definition - Selling your home  for less than what you owe.  - No more stressing about how you are going to make these payments and throwing your money away.  Just do it and get it over with and move on with your life.   I am short selling my home and believe me its a relief !!  I understand everything you are going through. Yes I can afford it, but why would I want to keep throwing money away ???  I already invested 30k into a downpayment and lost that. So let me work for you and get this financial burden off your back.  If you have any questions about short sales or would like to find out how much your home would sell for right now. Conta...
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