SUMMARY
The current inventory level for South Riding increased to 33 active listings this is about a 22% increase. With 7 new listings and 6 homes which went under contract last week, receiving contracts with an average 54 days on the market while the 3 homes sold and went to record last week did so with an Average DOMP of 73 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 96.7%, 101.8%, 99.9% 101.7%, 97.1% for an average of 99.4% over the last 5 weeks. It looks like homes are being priced at many of the buyers expectations.
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SUMMARY
The current inventory level for Stone Ridge decreased by 1 to 11 active listings, this is a 9% decrease. With NO NEW LISTINGS to the market and 2 homes receiving contracts this past week, it was a slower week in Stone Ridge. The 1 home sold did so in 74 days netting 93% to the list price.
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SUMMARY
The current inventory level for South Riding remained at 27 active listings. With 7 new listings and 7 homes which went under contract last week, receiving contracts with an average 35 days on the market while the 8 homes sold and went to record last week did so with an Average DOMP of 19 days netting an average of 101.7%. Looking back over the past 5 weeks of sold homes the average net to list price has been 101.8%, 96.7%, 101.8%, 99.9% 101.7% for an average of 100.4% over the last 5 weeks. It looks like homes are being priced lower than many of the buyers expectations.
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SUMMARY
The current inventory level for Stone Ridge decreased by 1 to 12 active listings, this is a 7.5% decrease. With NO NEW LISTINGS to the market and 1 home receiving contracts this past week, it was a slower week in Stone Ridge. The 1 home sold did so on average in only 2 days netting 97% to the list price.
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SUMMARY
The current inventory level for South Riding was decreased by 11 to 27 active listings , this is a 29% decrease. With 3 new listings , and 5 homes which went under contract contributing to the increase in inventory, there must have been some properties drop off to the market this past week. The 5 homes receiving a contracts last week did so with an average 83 days on the market while the 4 homes sold and went to record last week did so with an Average DOMP of 46 days netting an average of 99.9%.
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