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About Fairfax's Gates Of Fair Lakes

Gates of Fair Lakes Condos Weekly Sales Report Fairfax Va

11-25-09
Nate Johnson
Nate Johnson: Real Estate Agent in Fairfax, VA

MyGatesofFairLakesCondo.com

Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION

Buyers:
Interest rates continue to stay very low. If they go up like they might in early 2010. It could increase your payments by as much as $200 a month.

Sellers:
Most people selling now at Gates of Fair Lakes are short sales. If you no longer can make your payments or do not want to make your payments and cant sell. Contact us. We can get your property sold in much less time than the current short sales are taking. Contact us to see if Short sale is a good option for you.

As of today (November 25, 2009) There are 4 active listings in MLS and 4 condos that are currently under contract. 4 condos have sold in the last 60 days.

Here's the breakdown of all active listings in MLS:

12884 Fair Briar Ln. #12884 - 1bd/1ba (4 DOMP)
4652 Superior Sq #4652 - 2bd/2ba (35 DOMP)
12873 Fair Briar Ln - 3bd/ 3ba (82 DOMP)
4616 Superior Sq #4616 - 2bd/2ba (47 DOMP)


NEW LISTINGS

According to MLS, there was 1 new listing this week.


UNDER CONTRACT

According to MLS, there are 4 condos under contract.

12817 Fair Briar Ln. #12817 - 1bd/1ba

4558 Superior Sq #4558 - 2bd/2ba

4662 Superior Sq #4662 - 3bd/3ba

4634 Superior Sq #4634 - 3bd/2ba


I will have the final numbers for this once it closes, if it closes.


SOLD

According to MLS, 4 condos sold in the last 60 days.

12811 Fair Briar Ln - 2bd/2ba (5 DOMP) - Regular Sale

Asking Price - $267,000
Sales Price - $265,000
Seller Subsidy - $4,000

12799 Fair Briar Lane Ln - 3bd/2ba (38 DOMP) - Bank Owned

Asking Price - $284,900
Sales Price - $265,000
Seller Subsidy - $5,125

4518 Superior Sq #4518 - 2bd/2ba (6 DOMP) - Regular Sale

Asking Price - $274,995
Sales Price - $285,000
Seller Subsidy - $4,275

4644 Superior Sq - 2bd/2ba (46 DOMP) - Regular Sale

Asking Price - $295,000
Sales Price - $285,000
Seller Subsidy - $5,000


Sold More than 60 Days ago

12761 Fair Briar Ln - 3bd/2ba Short Sale

Asking Price - $295,000
Sales Price - $275,000
Seller Subsidy - $0

4534 Superior Sq #4534 Bank Owned

Asking Price - $225,000
Sales Price - $132,700
Seller Subsidy - $0

4520 Superior Sq #4520 Regular Sale

Asking Price - $264,721
Sales Price - $265,000
Seller Subsidy - $10600

12898 FAIR BRIAR LN #12898 (226 DOMP) (2bed/2ba) Regular Sale

Asking Price - $324,900
Sales Price- $284,000
Seller Subsidy - $10,000


22033




These stats are for all real estate in the 22033 zip code for the Month of August




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009



Fairfax Townhomes Sold for 2007 vs 2008 vs 2009






RENTALS

There are currently 2 condos for rent

o condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group also. Just ask us more about how this benefits you.


OBSERVATIONS

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.
















Gates of Fair Lakes Condos Weekly Sales Report Fairfax Va

10-06-09
Nate Johnson
Nate Johnson: Real Estate Agent in Fairfax, VA

MyGatesofFairLakesCondo.com

Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION

We are your Neighborhood Expert for Gates of Fair Lakes

As of today (August 14, 2009) There are 3 active listings in MLS and 2 condo that is currently under contract. 1 condos have sold in the last 30 days.

Here's the breakdown of all active listings in MLS:

12817 Fair Briar Ln #12817 - 1bd/1ba (21 DOMP)
4650 Superior Sq - 2bd/2ba (21 DOMP)

4644 Superior Sq - 2bd/2ba (15 DOMP)

NEW LISTINGS

According to MLS, there was 0 new listings this week.


UNDER CONTRACT

According to MLS, there is 2 condos under contract.

12844 Fair Briar Ln #12844 - 1bd/1ba
4558 Superior Sq #4558 - 2bd/2ba


I will have the final numbers for this once it closes, if it closes.


SOLD

According to MLS, 1 condos sold in the last 30 days.

12761 Fair Briar Ln - 3bd/2ba Short Sale


Asking Price - $295,000
Sales Price - $275,000
Seller Subsidy - $0

Sold More than 60 Days ago

4534 Superior Sq #4534 Bank Owned

Asking Price - $225,000
Sales Price - $132,700
Seller Subsidy - $0

4520 Superior Sq #4520 Regular Sale

Asking Price - $264,721
Sales Price - $265,000
Seller Subsidy - $10600

12898 FAIR BRIAR LN #12898, FAIRFAX, VA 22033 (226 DOMP) (2bed/2ba) Regular Sale

Asking Price - $324,900
Sales Price- $284,000
Seller Subsidy - $10,000


22033




These stats are for all real estate in the 22033 zip code for the Month of August




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009



Fairfax Townhomes Sold for 2007 vs 2008 vs 2009






RENTALS

There are currently 0 condos for rent

1 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group also. Just ask us more about how this benefits you.


OBSERVATIONS

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.












Gates of Fair Lakes Condos Weekly Report Fairfax Va

07-30-09
Nate Johnson
Nate Johnson: Real Estate Agent in Fairfax, VA

MyGatesofFairLakesCondo.com

Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION
We had 2 condos sell in the last 2 weeks here. One was a bank owned and the other was a short sale.

The bank owned one sold for a hech of a price. $132k for a 1 bedroom condo in Fair Lakes. It did need some minor work though. We had another 1 bedroom come on the market and its a short sale so it could take a little while to close on that one but what a great deal!

2 condos are also under contract so we will have those numbers when they close soon.

As of today (July 30, 2009) There are 2 active listings in MLS and 2 condo that is currently under contract. 2 condos have sold in the last 30 days.

Here's the breakdown of all active listings in MLS:
12817 Fair Briar Ln #12817 - 1bd/1ba (4 DOMP) 4650 Superior Sq - 2bd/2ba (4 DOMP)

NEW LISTINGS

According to MLS, there was 2 new listings this week.


UNDER CONTRACT

According to MLS, there is 2 condos under contract.

12844 Fair Briar Ln #12844 - 1bd/1ba
4558 Superior Sq #4558 - 2bd/2ba

I will have the final numbers for this once it closes, if it closes.


SOLD

According to MLS, 2 condos sold in the last 30 days.

12761 Fair Briar Ln - 3bd/2ba Short Sale

Asking Price - $295,000
Sales Price - $275,000
Seller Subsidy - $0

4534 Superior Sq #4534 Bank Owned

Asking Price - $225,000
Sales Price - $132,700
Seller Subsidy - $0

4520 Superior Sq #4520 Regular Sale

Asking Price - $264,721
Sales Price - $265,000
Seller Subsidy - $10600

Sold More than 90 Days ago

12898 FAIR BRIAR LN #12898, FAIRFAX, VA 22033 (226 DOMP) (2bed/2ba) Regular Sale

Asking Price - $324,900
Sales Price- $284,000
Seller Subsidy - $10,000


22033

These stats are for all real estate in the 22033 zip code for the Month of May


Fairfax Condos Sold for 2007 vs. 2008






RENTALS

There are currently 3 condos for rent

2 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group also. Just ask us more about how this benefits you.


OBSERVATIONS

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.









Gates of Fair Lakes Condos Weekly Report Fairfax Va

06-30-09
Nate Johnson
Nate Johnson: Real Estate Agent in Fairfax, VA

MyGatesofFairLakesCondo.com

Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION

We are your neighborhood expert for Gates of Fair Lakes.

We have great news for first time home buyers.

First program is for first time home buyers, who make less than $57k. This program is a $10,000 grant, that does not have to be repaid and to be used to your home purchase. You can still qualify for your $8,000 tax credit when you file your taxes next year.

Second program is for those that make more than $57k. You can use your $8,000 tax credit now as a down payment. This means very little money for you to buy a home.

As of today (June 30, 2009) There are 0 active listings in MLS and 3 condo that is currently under contract. 2 condos have sold in the last 90 days.

Here's the breakdown of all active listings in MLS:

None

NEW LISTINGS

According to MLS, there was 0 new listing this week.


UNDER CONTRACT

According to MLS, there is 3 condos under contract.



12844 Fair Briar Ln #12844 - 1bd/1ba

4558 Superior Sq #4558 - 2bd/2ba

12761 Fair Briar Ln - 3bd/2ba


I will have the final numbers for this once it closes, if it closes.


SOLD

According to MLS, 2 condos sold in the last 90 days.



4534 Superior Sq #4534 Bank Owned


Asking Price - $225,000
Sales Price - $132,700
Seller Subsidy - $0


4520 Superior Sq #4520 Regular Sale


Asking Price - $264,721
Sales Price - $265,000
Seller Subsidy - $10600


Sold More than 90 Days ago

12898 FAIR BRIAR LN #12898, FAIRFAX, VA 22033 (226 DOMP) (2bed/2ba) Regular Sale

Asking Price - $324,900
Sales Price- $284,000
Seller Subsidy - $10,000


22033

These stats are for all real estate in the 22033 zip code for the Month of March


2009 2008 % Change
Total Sold $ Volume $13,961,288 $14,878,678 -6.1%
Avg. Sold Price $367,402 $413,297 -11.1%
Median Sold Price $323,500 $381,900 -15.9%
Total Units Sold 38 36 52%
Avg. Days on Market 79 91 0%
Avg. List Price for Solds: $397,753 $441,841 -9.9%
Avg. Sale Price as a percentage of Avg. List Price: 92.37% 93.54%


Fairfax Condos Sold for 2007 vs. 2008






RENTALS

There are currently 1 condos for rent

2 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group also. Just ask us more about how this benefits you.


OBSERVATIONS

Not much is happening here. Yes it is an excellent gated community with amenities but there are also not a lot of condos here, so their will be lower numbers on the market at one time.

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.







Gates of Fair Lakes Condos Weekly Report Fairfax Va

02-05-09
Nate Johnson
Nate Johnson: Real Estate Agent in Fairfax, VA

MyGatesofFairLakesCondo.com Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION

The buyers are out !!! You will not believe all the multipe offers and buyers out looking at homes right now. Just another reason to have a experienced realtor. We just negotiated 2 multi offer deals this week and got homes for our clients at amazing prices.

As of today (February 5, 2009) There are 4 active listings in MLS and 2 condo that is currently under contract.

Here's the breakdown of all active listings in MLS:

2 - 2 bedroom units (1 Bank Owned, 1 Short Sale)
2 - 1bedroom unit (Bank Owned, 1 Regular Sale)


NEW LISTINGS

According to MLS, there was 0 new listing this week.


UNDER CONTRACT

According to MLS, there is 2 condos under contract.

12902 FAIR BRIAR LN #12902
12834 FAIR BRIAR LN

I will have the final numbers for this once it closes, if it closes.


SOLD

According to MLS, 0 condos sold in the last 30 days. Sold More than 30 Days ago

12898 FAIR BRIAR LN #12898, FAIRFAX, VA 22033 (226 DOMP) (2bed/2ba) Regular Sale

Asking Price - $324,900
Sales Price- $284,000
Seller Subsidy - $10,000


22033

These stats are for all real estate in the 22033 zip code for the Month of December
2008 2007 % Change
Total Sold $ Volume $11,625,825 $14,391,987 -19.2%
Avg. Sold Price $400,891 $423,294 -5.2%
Median Sold Price $319,900 $4410,000 -21.9%
Total Units Sold 29 34 -14.7%
Avg. Days on Market 112 89 25.8%
Avg. List Price for Solds: $461,292 $454,655 1.4%
Avg. Sale Price as a percentage of Avg. List Price: 86.91% 93.10%


Fairfax Condos Sold for 2007 vs. 2008






RENTALS

There are currently 3 condos for rent

3 condos have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group also. Just ask us more about how this benefits you.


OBSERVATIONS

Not much is happening here. Yes it is an excellent gated community with amenities but there are also not a lot of condos here so their will be lower numbers on the market at one time.

We have one short sale that got a contract but either the buyer didnt feel like waiting or the bank was not agreeing to pay that price. It is priced very low. But remember the bank has to agree to that price, banks are reluctant to sell so low.

There are 2 bank owned condos here that are worth checking out if you want to live in the Fair lakes area. This community is centrally located and right near 66.

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.