George Stockes Realtor® Culpeper Home Sales

Based on a number of requests I am changing things up this week. Our weekly update will now show you the number of homes that sold (completed settlement) in Culpeper County for the previous week. This way you can see the final price a home garnered along with any seller subsidy's that the buyer received.

For the period of February 9th - February 15th in Culpeper County two homes completed the sales cycle and closed. The average close price was $137,650 with a $4,750 seller subsidy. One home was a foreclosure and the other was a traditional sale. That brings the total number of homes sold for the month of February in Culpeper County to 13.

If you are looking to purchase a new home and would like to learn more about the Culpeper area market conditions give me a call at 540.672.8019. If selling your home is in your future you might want to get a Free market evaluation before you make any plans. In either case feel free to contact me and learn more about your options and opportunities in today's real estate market.

Until next time have a great day!

The more things change the more things stay the same! For the week of February 2 - February 8, 2009 11 homes in Culpeper were in some form of escrow according to the Metropolitan Regional Information System which provides MLS coverage for Culpeper, Virginia. Eight of the homes or 73% were in some form of short sales or foreclosure process. This means great opportunities for home buyers and potential challenges for sellers.

If you are looking to purchase a new home and would like to learn more about the Culpeper area market conditions give me a call at 540.672.8019. If selling your home is in your future you might want to get a Free market evaluation before you make any plans. In either case feel free to contact me and learn more about your options and opportunities in today's real estate market.

Until next time have a great day!

I just took a quick look at the homes in Culpeper County that went under contract for the week of January 26 - February 1, 2009 according to the Metropolitan Regional Information System. There was a large number, 22. More importantly though, was the average list price of $217,327 per home. Foreclosures and short sales are really knocking down seller asking prices.

As you look through the comments in the listings you see; "motivated seller", "huge price reduction", and "bring offers'. Agents and their clients are trying any phrase they can to at least get you to take a look at their property. Next to location, price is the number one reason buyers look at a home! With bank owned properties being offered at huge savings the home owner has a lot of competition from aggressive sellers.

As someone once told me, "every home has a buyer, sometimes you just have to look harder!" Boy does that ring true today.

If selling your home is in the plans anytime soon, please be aware of the impact the continued sell-off of bank owned properties will have on your bottom line. If you would like more information please give me a call at 540.672.1019 and let's talk about your options.

Well, it is a new year but things do not look like they are changing to much in Culpeper, Virginia real estate. Homes in escrow the week of January 12 - 18, 2009 are a reflection of the current market. Of the 18 homes listed, 10 are bank owned and 5 are in some form of short sale. Check them out here: Homes in escrow,

If selling your home is in the plans anytime soon, please be aware of the impact the continued sell-off of bank owned properties will have on your bottom line. If you would like more information please give me a call at 540.672.1019 and I will be happy to share my thoughts and ideas with you.

Last week (12.08.08-12.14.08) 14 homes in Culpeper were listed as being in escrow. The average list price was $272,100. 9 of the 14 homes were bank owned, commonly referred to as foreclosures. Click here to take a look at these homes.

First-Time Buyers are now making smart home purchases as values continue to decline and opportunities grow for savvy buyers. If you have not talked to a lender in the last 90-days do so now! Despite what you hear on the news loans are being made everyday. Don't miss your chance to get the home of your dreams at a price you will not believe.

If you are searching for a new home give me a call at 540.672.8019 or visit CulpeperHomeSales.com.