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Townhomes with garage

Condos with garage and secure entry

Cedar Lakes Homes Weekly Report 4/02/09-4/21/09

MyCedarLakesHome.com

Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community

INTRODUCTION

All of the TH in Cedar Lakes are Under Contract or have sold. These have been priced so well, they go very quickly.

As of today (April 21, 2009 11 AM) there are 6 active homes in Cedar Lakes and 9 homes that are currently under contract and 3 homes that have sold in the last 30 days.

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

Condos- 6

Cedar Lakes A - 0
Christopher at Cedar Lakes - 6 (3 short sale, 3 regular sale)

Townhomes- 0

Carr at Cedar Lakes -0


NEW LISTINGS

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


UNDER CONTRACT

According to MLS, there are 5 townhomes and 4 condos under contract

Condos
12461 Hayes Ct #203 -(51 DOMP) 2bd/2ba
4200 Mozart Brigade Ln #P (175 DOMP) 2bd/2ba
12471 Hayes Ct #301 - (274 DOMP) 2bd/2ba
4225 MOZART BRIGADE LN #93 - (10 DOMP) 2bd/2ba


TH

4289 Wheeled Caisson Sq (37 DOMP) 3bd/3ba
12429 Erica Hill Ln - (31 DOMP) 3bd/4ba
12422 Cedar Lakes Dr (102 DOMP) 3bd/3ba
4331 Thomas Brigade Ln (0 DOMP) 3bd/3ba
4378 Thomas Brigade Ln (17 DOMP) 3bd/3ba

I will have the final numbers for these once they close


SOLD

According to MLS, 4 home has sold in the last 30 days .

4307 Thomas Brigade Ln - (11 DOMP ) 3bd/ 3ba - Regular Sale

Asking Price - $409,900
Sales Price - $387,000
Seller Subsidy - $7,600

4399 Sutler Hill Sq - (5 DOMP) 3bd/3ba - Regular Sale

Asking Price - $325,000
Sales Price - $330,000
Seller Subsidy - $6,000

4310t Cannon Ridge Ct #92 -(24 DOMP) 3bd/2ba - Regular Sale

Asking Price -$339,000
Sales Price - $310,000
Seller Subsidy - 0

4316 Mallory Hill Ln - (4 DOMP) 2bd/3ba -Regular Sale

Asking Price - $310,000
Sales Price - $317,000
Seller Subsidy - 0

Sold More Than 30 days ago

-4346 Sutler Hill Sq - (57 DOMP) 3bd/3ba - Bank Owned
Asking Price - $309,900 / Sales Price - $275,000 / Seller Subsidy - $8,000

-12491 Hayes Ct #301 - (10 DOMP) 2bd/2ba - Regular Sale
Asking Price - $264,888 / Sales Price - $264,888 / Seller Subsidy - $7,500

-4310S CANNON RIDGE CT #91 - (35 DOMP) Condo - 2bd/2ba (Regular Sale)
Asking Price - $320,000 / Sales Price - $280,000 /Seller Subsidy - $9,500

-4210 MOZART BRIGADE LN #O - (79 DOMP) Condo - 2bd/2ba (Bank Owned)
Asking Price - $265,000 / Sales Price - $252,000 / Seller Subsidy - 0

-12437 ERICA HILL LN - (90 DOMP) TH - 4bd/3ba (Short Sale)
Asking Price -$429,900 / Sales Price - $385,000 / Seller Subsidy -$5,000

-12406 Cedar Lakes Dr - (85 DOMP) TH 3bd/3ba
List Price - $439,900 / Sales Price - $409,900 / Seller Subsidy - $10,000

-12491 Hayes Ct #202 - (23 DOMP) Condo 2bd/2ba - Regular Sale
List Price -$279,500 / Close Price -$255,00 / Seller Subsidy - 0

-4338 THOMAS BRIGADE LN - 16 (DOMP) TH - 4bd/3ba - Regular Sale
List Price - $399,900 / Close Price - $390,000 / Seller Subsidy -$11,700

-4256 Wheeled Caisson Sq - (12 DOMP) TH 3bd/3ba - Bank Owned
List Price -$279,900 / Close Price -$279,000 / Seller Subsidy -$0

-4310R CANNON RIDGE CT #90 - (218 DOMP) Condo 2bd/2ba - Regular Sale
List Price - 375,000 / Sales Price - 345,000 / Seller Subisdy - 0


22033

These stats are for all real estate in the 22033 zip code for the Month of February 2009
2009 2008 % Change
Total Sold $ Volume $14,834,430 $11,236,18432.2%
Avg. Sold Price$390,380 $449,447 -13.1%
Median Sold Price $373,500 $417,000-10.4%
Total Units Sold 3825 52%
Avg. Days on Market107107 0%
Avg. List Price for Solds: $425,166 $494,834 -14%
Avg. Sale Price as a percentage of Avg. List Price: 91.82%90.83%



Fairfax Condos Sold for 2007 vs. 2008



Fairfax Condos Sold for 2007 vs. 2008



Fairfax Townhomes Sold for 2007 vs 2008




EXPIRED or WITHDRAWN

There has been 2 listings that have been taken off the market in the last 30 days.


RENTALS -

There are currently 1 townhomes and 3 condos for rent

5 homes 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 team up with a property managemeng group that only charges 8% of the rental price! You won't have to do anything.


OBSERVATIONS

All of the TH at Cedar Lakes are under contract. Also, if you look at the sales in the last month, most of them have been regular sales here at Cedar Lakes. Which is good for the community. Not many foreclosures lately means the distressed homes cant bring down the rest of the community.

The condo market at Cedar Lakes is a different story. Alot of these are still short sale situations, which could turn to foreclosures.

If you are thinking about buying or selling within the next 3 months. Contact us


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

Cedar Lakes Homes Weekly Report 3/14/09-4/01/09

MyCedarLakesHome.com

Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community

INTRODUCTION

We have had some movement over the last 2 weeks here at Cedar Lakes. Townhomes seem to do being much better than the condos. This is also because of the Christopher at Cedar Lakes condos, they are dragging behind. They are newer and less likely to drop their price. So this is expected. Townhomes under 350k in Fair Lakes ! Check out Cedar Lakes

We have been helping alot of people sell their homes, yes even in this market. If you would like a free consultation to see if selling now is the best thing you should do. Please contact us asap.

As of today (April 1, 2009 11 AM) there are 6 active homes in Cedar Lakes (- 2) and 9 homes that are currently under contract and 3 homes that have sold in the last 30 days.

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

Condos- 5

Cedar Lakes A - 0
Christopher at Cedar Lakes - 5 (2 short sale, 3 regular sale)

Townhomes- 1

Carr at Cedar Lakes - 1 (1 regular sales)


NEW LISTINGS

According to MLS, there was 4 new listing this week.


UNDER CONTRACT

According to MLS, there are 5 townhomes and 3 condos under contract

Condos
12471 Hayes Ct #301 - (274 DOMP) 2bd/2ba
12461 Hayes Ct #203 -(51 DOMP) 2bd/2ba
4200 Mozart Brigade Ln #P (175 DOMP) 2bd/2ba
12429 Erica Hill Ln (31 DOMP) 3bd/4ba

TH

4289 Wheeled Caisson Sq (37 DOMP) 3bd/3ba
4399 Sutler Hill Sq - (5 DOMP) 3bd/3ba
12429 Erica Hill Ln - (31 DOMP) 3bd/4ba
12422 Cedar Lakes Dr (102 DOMP) 3bd/3ba
4307 Thomas Brigade Ln - (11 DOMP ) 3bd/ 3ba

4368 Sutler Hill Sq - (158 DOMP) 3bd/4ba - withdrawn from the market


I will have the final numbers for these once they close


SOLD

According to MLS, 3 home has sold in the last 30 days .

12491 Hayes Ct #301 - (10 DOMP) 2bd/2ba - Regular Sale

Asking Price - $264,888
Sales Price - $264,888
Seller Subsidy - $7,500

4346 Sutler Hill Sq - (57 DOMP) 3bd/3ba - Bank Owned

Asking Price - $309,900
Sales Price - $275,000
Seller Subsidy - $8,000

4316 Mallory Hill Ln - (4 DOMP) 2bd/3ba -Regular Sale

Asking Price - $310,000
Sales Price - $317,000
Seller Subsidy - 0

Sold More Than 30 days ago

-4310S CANNON RIDGE CT #91 - (35 DOMP) Condo - 2bd/2ba (Regular Sale)
Asking Price - $320,000 / Sales Price - $280,000 /Seller Subsidy - $9,500

-4210 MOZART BRIGADE LN #O - (79 DOMP) Condo - 2bd/2ba (Bank Owned)
Asking Price - $265,000 / Sales Price - $252,000 / Seller Subsidy - 0

-12437 ERICA HILL LN - (90 DOMP) TH - 4bd/3ba (Short Sale)
Asking Price -$429,900 / Sales Price - $385,000 / Seller Subsidy -$5,000

-12406 Cedar Lakes Dr - (85 DOMP) TH 3bd/3ba
List Price - $439,900 / Sales Price - $409,900 / Seller Subsidy - $10,000

-12491 Hayes Ct #202 - (23 DOMP) Condo 2bd/2ba - Regular Sale
List Price -$279,500 / Close Price -$255,00 / Seller Subsidy - 0

-4338 THOMAS BRIGADE LN - 16 (DOMP) TH - 4bd/3ba - Regular Sale
List Price - $399,900 / Close Price - $390,000 / Seller Subsidy -$11,700

-4256 Wheeled Caisson Sq - (12 DOMP) TH 3bd/3ba - Bank Owned
List Price -$279,900 / Close Price -$279,000 / Seller Subsidy -$0

-4310R CANNON RIDGE CT #90 - (218 DOMP) Condo 2bd/2ba - Regular Sale
List Price - 375,000 / Sales Price - 345,000 / Seller Subisdy - 0


22033

These stats are for all real estate in the 22033 zip code for the Month of January 2009
2009 2008 % Change
Total Sold $ Volume $8,645,400 $10,605,650-18.4%
Avg. Sold Price$375,887 $407,910 -7.8%
Median Sold Price $335,000 $365,000-8.2%
Total Units Sold 2326 -11.5%
Avg. Days on Market85105 -19%
Avg. List Price for Solds: $413,327 $438,460 -5.7%
Avg. Sale Price as a percentage of Avg. List Price: 90.94% 93.03%


Fairfax Condos Sold for 2007 vs. 2008



Fairfax Condos Sold for 2007 vs. 2008



Fairfax Townhomes Sold for 2007 vs 2008




EXPIRED or WITHDRAWN

There has been 1 listings that have been taken off the market in the last 30 days.


RENTALS -

There are currently 0 townhomes and 2 condos for rent

6 homes 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.


OBSERVATIONS

We have now had a couple regular sales here at Cedar Lakes. The bank owned TH are going quick and have not been on the market long. If you are looking to buy a bank owned TH here you need our help. We can notify you once one comes on the market and sometimes before. There will be multiple offers you will be competing against but we have a great track record in winning when there are multiple offers.

We are expecting a lot more bank owned homes on the market here for the spring season. I am sure there will probably be some here at Cedar Lakes also.

If you are thinking about buying or selling within the next 3 months. Contact us


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