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Mark Murad

South Riding 2009 3rd Qtr Update

10-12-09
Mark Murad

Summary

In general the net sales prices have fallen on average 1.7% to $401,393 between Q3 2009 compared to Q3 2008. The Average Days on the Market was reduced by 57 days and % of Asking Price increased by 2.14 basis points to 98.63% additionally the 2 more sales were reported for the period. There is still a decrease in average net sales dollars of $6753, as well as distressed sales have continued to increase Q3 2009 compared to Q3 2008 by 6. Click Here for the entire post...

Stone Ridge Weekly Update 10/4/09 - 10/11/09

10-11-09
Mark Murad

SUMMARY

The current inventory level for Stone Ridge increased by 2 to 11 active listings, this is a 22% increase. With 2 new listings to the market, 2 homes receiving contracts and No homes reported sold last week in Stone Ridge. Click Here for entire post...

South Riding Weekly Update 10/4/09 - 10/11/09

10-11-09
Mark Murad

SUMMARY

The current inventory level for South Riding increased to 38 active listings this is about a 12% increase. With 4 new listings and 7 homes which went under contract last week, receiving contracts with an average 29 days on the market while the 3 homes sold and went to record last week did so with an Average DOMP of 35 days netting an average of 97.1%. Looking back over the past 5 weeks of sold homes the average net to list price has been 97.1%, 97.9%, 95.3%, 96.3% and 101.6% for an average of 97.6%, over the last 5 weeks. Click here for entire post...

Stone Ridge Weekly Update 9/27/09 - 10/4/09

10-04-09
Mark Murad

SUMMARY

The current inventory level for Stone Ridge decreased by 1 to 9 active listings, this is a 10% decrease. With NO new listings to the market, 1 home receiving contracts and 3 homes reported sold last week reducing the inventory in Stone Ridge. Click here for entire post...

South Riding Weekly Update 9/27/09 - 10/4/09

10-04-09
Mark Murad

SUMMARY

The current inventory level for South Riding increased to 34 active listings this is about a 6% increase. With 5 new listings and 6 homes which went under contract last week, receiving contracts with an average 17 days on the market while the 5 homes sold and went to record last week did so with an Average DOMP of 14 days netting an average of 97.9%. Looking back over the past 5 weeks of sold homes the average net to list price has been 97.9%, 95.3%, 96.3%, 101.6% and 96.1% for an average of 97.4%, over the last 5 weeks. Click here for entire post...