Saturday, August 8, 2009

Rotonda Real Estate Re-cap for July 2009 (22102 Zip Code)

3 properties were SOLD in the Rotonda in Tysons Corner in the month of July 2009. The properties Sold were =


1) A J model, 3 bedroom 2 bathroom, home in building 8380. This property was asking $399,900 at time of contract, and sold for $390,000 with no subsidy. The home was on the market for 214 days, and originally listed at $444,900.


2) A 2 bedroom 1.5 bathroom, D model, in building 8370. This home sold for $334,000 when it was asking $339,000. The property sold in 13 days. There was no subsidy, or seller closing cost contribution on this transaction.


3) A model G, 2 bedroom 2 bathroom, style home in building 8350. This property sold for $321,000 and $5,000 subsidy. This is a net price of $316,000. The contract was accepted when the property was at an asking price of $325,000. This home was on the market for 21 days.


The general statistics for the month of July, in 2009, at the Rotonda, in Tysons Corner, are an average of [A] 83 days on the market [B] $1667 in seller closing cost contribution to the buyer, and [C] $254.34 price per square foot.


Same month last year, July 2008, featured general statistics of [D] 2 sold properties, [E] 160 days on market average, and [F] $321.26 price per square foot average.


In July in the Rotonda in Tysons Corner there were also 10 properties rented. They ranged in price from a one bedroom one bathroom property that rented for $1,450 all the way upto a 3 bedroom 2 bathroom property that rented for $2,450.


Right now there are currently 25 properties on the market in the Rotonda. 13 of those are for rent. The other 12 are for sale. Here is a graphic =


Data from MRIS

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