Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.
INTRODUCTION
We have not had any sales since our last report. Things will slow down slightly here over the holidays. But look for a big push in the new year. Especially with the first time home buyer credit expering at the end of Spring.
The 4 current ones on the market are priced just slightly to high. That is why they are averaging 50+ days on the market.
As of today (December 16, 2009) There are 4 active listings in MLS and 4 condos that are currently under contract. 2 condos have sold in the last 30 days.
Here’s the breakdown of all active listings in MLS:
12884 Fair Briar Ln. #12884 - 1bd/1ba (24 DOMP)
4652 Superior Sq #4652 - 2bd/2ba (55 DOMP)
12873 Fair Briar Ln - 3bd/ 3ba (102 DOMP)
4616 Superior Sq #4616 - 2bd/2ba (67 DOMP)
NEW LISTINGS
According to MLS, there was 0 new listings 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, 2 condos sold in the last 30 days.
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
Sold More than 60 Days ago
12811 Fair Briar Ln - 2bd/2ba (5 DOMP) - Regular Sale
Asking Price - $267,000
Sales Price - $265,000
Seller Subsidy - $4,000
4644 Superior Sq - 2bd/2ba (46 DOMP) - Regular Sale
Asking Price - $295,000
Sales Price - $285,000
Seller Subsidy - $5,000
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.
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