“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Lake Ridge Virginia Real Estate Market Snapshot For July 2009

Did you know that homes are selling faster these days in Lake Ridge Virginia?Well they are. Homes entering the market right now if price at market will go under contract within a week of listing and settle within 45 days or so. Here is a spread sheet that shows you what has happened with the Single Family Home inventory in Lake Ridge Virginia since January 01,2009. As you will see below there are currently onky 31 Single Family buying opportunities available.

ACTIVE (31)

Single Family Homes Active

List Price BR BA FB HB DOM Total Lot Size Yr
Min $184,900 3 2 1 0 0 0 1,556 1969
Max $687,000 6 5 4 2 182 316 113,195 2009
Avg $393,993 4 3 3 1 59 81 20,029 1982

CNTG/NO KO (19)

Have Offers On Them

List Price BR BA FB HB DOM Total Lot size Yr
Min $150,000 3 2 1 0 0 0 0 1970
Max $499,900 5 4 3 1 228 228 21,710 1988
Avg $246,429 4 3 2 1 35 37 10,361 1976

CNTG/KO (4)

Are Contingent!

List Price BR BA FB HB DOM Total Lot Size Yr
Min $210,000 4 3 2 0 7 7 8,259 1971
Max $369,990 5 4 3 1 107 107 22,616 1999
Avg $297,498 4 3 3 1 48 48 13,133 1982

CONTRACT (18)

Heading To Settlement!

List Price BR BA FB HB DOM Total Lot Size Yr
Min $180,900 3 3 2 0 0 0 5,388 1972
Max $549,900 5 4 3 2 140 140 21,410 2005
Avg $326,218 4 4 3 1 28 28 10,138 1984

SOLD (94)

Settled in 2009!

List Price BR BA FB HB DOM Total Lot Size Yr
Min $129,000 3 1 1 0 0 0 0 1970
Max $614,900 6 5 4 2 396 440 55,182 2009
Avg $317,282 4 3 2 1 50 69 11,426 1980

All (166)

Opportunities This Year!

List Price BR BA FB HB DOM Total Lot Size Yr
Min $129,000 3 1 1 0 0 0 0 1969
Max $687,000 6 5 4 2 396 440 113,195 2009
Avg $323,990 4 3 3 1 48 62 12,812 1981

Take a look at each of the homes that are shown in these statistic's click on THIS LINK

The biggest change in the market place in past three months is now we are seeing "Regular Sales".These are homes being listed , where homeowners live in the home and are not late on mortgages. These are home sellers who have enough equity to sell. This is huge..especially for buyers who do not want to get caught up in a short sale situation. Another piece of good news is only a hand-full are foreclosed homes, or short sales. The market is rebounding.

Another thing to consider the higher the price, the better the chance you will snag a home at a great price! The lower end homes sell fast. However keep in mind the higher end homes are priced signifigantly low and many are gorgeous. Take for example this home that backs to the Old Hickory Golf Course.. it is an amazing home!

If you have aspirations on owning a home in Lake Ridge Virginia, then sign up for Home Finder Alerts. Once you define your search criteria, and fill out the form, our system then notifies you when a home comes on the market that matches what you are looking for! It's easy and it is a Free Service that Erick and Company offers home buyers.

Would you like to search for homes in your price range right now in the Woodbridge, Lake Ridge, Manassas Virginia area? Just follow this link --- SEARCH WOODBRIDGE AREA HOMES NOW.

Homeowners..do you need to sell? Let's Talk....

Call Peggy James today at 703-851-3085

Contact Peggy James or Erick Blackwelder of Erick and Company of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's



Exit Realty
Free Twitter buttons from languageisavirus.com
Fair Housing Logosubscribe to Peggy'sBlog

Posted Thursday Jul 23