Hello Fort Hunters!  We thought it would be interesting to take a quick look at how our 2012 real estate sales data compared to that of 2011*. Here is what we found: 2012: 209 Sold Listings Average List Price:                                      $615,270 Average Sold Price:                                     $601,896 Average Seller Subsidy:                                    $3,352 Average Days on Market:                                     60   2011: 174 sold listings Average List Price:                                    $662,978 Average Sold Price:                                    $643…

Hello Fort Hunters! Hope all are well and enjoyed the holiday season.  Before too long we will have warmth, flowers and lots more daylight. Let’s take a look at how our zip code fared in December 2012. The chart below continues to show us that 2012 was a solid growth year for our market.  As you can see in the chart below, we are up in every category year over year (with the exception of days on market, which is a good thing).  We experienced huge gains both in the number of closed residential sales, and in total sales volume year over year.  The average selling price is up over 4% year over …

Hello Fort Hunters!  Here we are in the height of the Holiday Season.  Let’s take a quick look at how our community fared real estate wise in the month of November 2012.  We will be analyzing how November 2012 statistics stood up to October 2012 (month over month) as well as how November 2012 compares to November 2011 (year over year). The chart below shows incredibly strong numbers both year over year and month over month – we are up in every single financial category.  Our sold volume is almost 65% higher than November 2011, and over 35% higher from last month.  17 homes closed in November …

Hello Fort Hunters!  Hard to believe that Thanksgiving is here and the holiday season is upon us.  Let us take a quick look at the October 2012 real estate statistics in our community, and see how our market fared last month. The chart below shows a huge increase in sales volume month over month (October 2012 compared to September 2012), and a nominal increase in volume year over year. If you remember, or read our column last month, we had a very low sold volume in September 2012.  Our closed sales are up both year over year and month over month.  Both our average sold price and median sold …

Hello Fort Hunters! We can hardly believe it is the middle of October already! This is a special time of year in our corner of the world. Children and adults enjoying the cooler weather,  Halloween approaching, trees changing, boot and sweater weather, walks, runs, bike rides along the Potomac, etc. etc. etc…. How did the real estate market in our ZIP code, 22308, fare this September?  Let’s look at the charts below and analyze. As you can see, the total sold dollar volume is down both year over year and month over month.  Listing Inventory is a bit low right now and there were only 8 closed/…

Hello Fort Hunters. Hope you are enjoying a fabulous summer. We are excited to share the June 2012 real estate numbers for zip code 22308 numbers with you. As you can see from the chart below, the sold volume is up year over year and down month over month. Median and average sold prices are holding steady.  Average days on market is 36 days, which means it took almost 50 percent less time to sell a house in June 2012 compared with June 2011. Average days on market are up significantly month over month, but last month (May) showed only 21 days on market. Average sold to original list ratio is …

Hello Fort Hunters!  Hope you are enjoying all the fantastic summer fun our communities, neighbors, and volunteers supply: swim and tennis teams, neighborhood pools, camps, boating, walking, running or biking along or on the river, no school and hopefully the ability to enjoy a slower pace of life. Yeah summer! We are so fortunate to be able to boast about a great May 2012 real estate wise. We truly had a very strong May and the entire spring selling season in general was fantastic. The chart highlights our sales volume and closed sales, both up substantially month over month and year over …

Hello Fort Hunters! We hope all are enjoying our beautiful spring.  We are happy to share with you the March 2012 real estate statistics for our zip code. The chart pictured with this story illustrates a quick peak at activity over the last years. You can see that March 2012 had more closed sales than the last four years, and had more contracts than the last four years as well. Our spring selling season had a solid March with many homes going under contract quickly as inventory was lower than usual. The chart pictured with this story confirms that our total sold volume is up, both year over …

You will notice that our statistics are always a month behind, as they are not released until the 10th of the following month Were you wondering what went on with our local market Real Estate for the month of February in our zip code? It was a VERY active month for real estate. Check out the chart attached which gives us a nice visual of the activity, specifically with under contract (pendings) listings being much higher in February 2012 than the last four Februarys. This is pretty remarkable, and agents are noticing both new listings and existing listings going under contract very quickly. …

Hello Fort Hunters. Spring is right around the corner, and the spring selling season for real estate should be in full swing very soon.  Please take a look at the January 2012 statistics below for zip code 22308. We will be comparing our community’s sales in January 2012 to January 2011, as well as discussing comparisons to sales in our community from last month (December 2011). As you can see from the chart below, there were only six sales in January 2012, so we are talking about a very small sample size. We were trending down in almost all categories, including total sold volume, closed …

Get on Board! Banner headlines beckoned prospective buyers to head down the Potomac to buy new construction along its shores. “You could come by boat…but the magnificent view one gets coming along Mt. Vernon Memorial Boulevard, should not be missed” was the siren song. Multiple advertisements and articles in the Washington Post from 1957 sang the praises of this community named Stratford Landing. Anne Andrews decided to take a look at the models along Captain’s Row when signs caught her eye en route to a day of touring Mount Vernon. She and her husband Dick were first time owners on two …

Happy New Year Fort Hunters! Just a few more months and we will be back to green and flowers, but meanwhile, let’s snuggle in and see what last year’s real estate market looked like in our zip code 22308. An analysis of 174 sold properties in 2011 produced the following results: Total sold properties: 174 Average sales price was $643,857. Median sales price was $577,000. Average days on Market was 85. Properties on average received 96.75 percent of list price. Total sold volume: $112,031,000.00. At the time of this writing, zip code 22308 has 42 active listings currently on the market with a …

Hollin Hall Village was initially conceived and planned beginning in 1943, but the actual building construction didn’t commence until 1948.  People who live in this wonderful community can’t say enough about it. We spoke with Kendra Chambers, current Hollin Hall Village Citizens Association (president) about why she and her family love living in this tight-knit community. Kendra cites the friendliness of the neighborhood along with the multi-generational make-up of the community.  Community volunteerism is strong, and members of the Hollin Hall Village Community Association feel appreciated …

Hi Fort Hunters! Hard to believe that the holidays are upon us already!  We are happy to be sharing the October statistics for our ZIP code (22308) with you. We are holding our own, and we always need to keep in mind that our total closed sales is never very high on a monthly basis. It is a micro analysis, but still fun to look at what is going on in our community month to month and year to year.   Statistic Values Year over Year Month over Month Total Sold Dollar Volume $9,020,900  8.44% -39.12 Closed Sales    14   7.69%    -33.33% Median Sold Price $601,000   3.62%    0.50% Average Sold …

Hello Fort Hunters! Hope you are all enjoying this fabulous fall season. Attached to this story you will find our September 2011 real estate market statistics for zip code 22308. Everyone loves to talk about real estate, and so do we!  The below information will keep you in the know about exactly what is going on “real estate wise” in our community. As you will see in the chart below, September 2011 proved to be more active than the previous four years. More closed sales, more contingent contracts. We are still doing very well, especially when compared to the majority of the United States. We…

Waynewood is the kind of neighborhood that seems timeless—a special place reminiscent of simpler times. We all know neighbors who are lucky enough to have their children return and raise their families here, and the Baker family represents a third generation to do so. David Baker grew up in Waynewood, and spent many happy hours at his grandparents’ house around the corner. His grandparents, Bob and Margaret Carlson, made Waynewood their home in the 1960s, raised their two children, and enjoyed their retirement years on the cul-de-sac. As David and his wife Anie’s family expanded, they thought…

Hi Fort Hunters! Hope your summers were wonderful whether you spent time enjoying the fabulous recreational activities we have here locally or traveling abroad. We continue to report good news real estate-wise in our ZIP code.  You can see from the chart, which provides a snapshot of the month of August over the last five years, that we were much busier than usual this year.  We had more closed sales than the past five years, and more homes under contract than the previous five years. We had a late start on our spring market, and this impacted our closings and homes under contract, which …

July statistics for 2011 are out for our zip code (22308) and this month’s statistics are fairly strong. It is important to remember that in our zip code we never have hundreds of comparable properties that close, so our scope of analysis is small.  This can cause rather large fluctuations in our numbers.  Bear in mind that we also have many varying price points, from multi-million dollar homes to homes in the high $300,000s.  The highest concentration of price points in our zip code is between $500,000 and $700,000.  Statistic Values Year over Year Month over Month Total Sold Dollar Volume $…

We hope you are enjoying the lazy, hazy days of summer in our lovely communities. Even in the middle of summer, our area continues to bustle on the Real Estate front, and we imagine on the family activity and travel front as well. When we analyze our year over year comparisons, it is worth noting that the Federal home buyer tax incentives of 2010 really did buoy our spring market last year, and we need to keep that program effect in mind when analyzing year over year comparisons.  The settlements for these programs had to be completed by July 1, 2010. Even with this consideration, Fort Hunt …

Recycled materials, accessible structures that blend into natural surroundings, affordable but with “high artistic values”—these were the standards set by a group of neighbors and friends who met in the early 1940s in the Arlington community of Buckingham. Government workers by day and innovative developers by night, the Tauxemont neighborhood was a result of this New Deal-inspired creative thinking, and named in honor of the native Americans that lived in the area in the 17th century. Listed in the National Register of Historic Places, it is considered to be one of the first suburban …