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Kathleen Vetrano

REALTORÂŽ, Certified Negotiation Expert

Direct: 703-850-9663 Office: 703-955-7050 kathleen@vetranohomes.com www.KathleenVetranoHomes.com

RE/MAX Gateway 9990 Fairfax Blvd. Suite 160 Fairfax, VA 22030

Kimberly McGhee

Marc Foster

Customer Care Specialist Broker/Attorney

Scott MacDonald

Broker/President

Each office is independently owned and operated.

Pimmit Hills

Real Estate Market Report | February 2018 Presented by Kathleen Vetrano | Your Pimmit Hills Real Estate Specialist & Neighbor

Drew Harmon

Office Coordinator

Visit www.PimmitHillsLiving.com for community info and recent sales.

Do We List at the start of 2018 or Hold Off Until Spring?

Real estate sales during the winter season have seen an upswing in recent years. Research indicates this trend is due to holiday gatherings offering families the opportunity to discuss future needs without the interference of hectic work and daily schedules. And, of course, as we all know the New Year offers the feeling of a fresh start!

The Advantage of Listing in Early 2018

Worried about Missing the Spring Market?

Many buyers are out looking for homes in the new year, whether they are re-energizing their search from last year or they made the decision to move during the holiday season. Several companies also relocate their employees around at the start of the year, creating an additional demand for homes.

No one can predict the future, though if you wait until everyone else lists their home in the spring, your home may not see the exposure you are expecting, especially if there is lower demand!

Even with these new trends, the winter season inventory is still generally lower and therefore, your home will actually receive more exposure to serious buyers, which can lead to a quicker sale and higher price. Friends and Neighbors, For more information on the best time to list your Pimmit Hills home, contact me today at 703-850-9663. I wish you a delightful and prosperous new year!

Prepared Especially for Friends and Neighbors


Pimmit Hills

Kathleen Vetrano

REALTOR®, Certified Negotiation Expert

Direct: 703-850-9663 | Office: 703-955-7050 kathleen@vetranohomes.com www.KathleenVetranoHomes.com www.PimmitHillsLiving.com

Kimberly McGhee

Marc Foster

Customer Care Specialist Broker/Attorney

Scott MacDonald

Broker/President

RE/MAX Gateway Locations Chantilly • One Loudoun • Gainesville Lorton • Arlington • Fairfax

Drew Harmon

Friends and Neighbors, For full details and photos of these homes and all available homes in Pimmit Hills, visit:

Visit me on Facebook: www.facebook.com/PimmitHillsLiving/

Office Coordinator

Real Estate Market Report

Why List Your Home Now? So why do you have a huge advantage as a seller right now? Because the winter months bring buyers who are determined to find a home. The buyers looking for a home during these cold months are serious about moving. They are not “browsing homes,” “getting decorating ideas,” or in the mindset of, “Maybe I will buy if the right home pops up.” Studies show that children moved during the school year can actually do better with the transfer than those who are moved over the summer. They are given special attention because EVERYONE is aware they are a new student, as opposed to

www.PimmitHillsLiving.com starting a new school in September when all students are in new classes, and ALL children are experiencing a new situation. Students new to a school system in September can get lost among the transition of current students. But one of the most important reasons for NOW is home prices are UP and there are only a small number of homes on the market available to buyers looking right now. Supply and demand is working in YOUR FAVOR! And moving to a new school during the year can work in your children’s favor too!

Pimmit Hills Current Market Activity

ACTIVE

UNDER CONTRACT

SOLD

AT A GLANCE

Pimmit Hills Homes Currently Listed Status

Address

Beds

Total Baths

Est. Sq. Ft.

Year Built

Basement Y/N

List Price

List Date

Active

7423 Bethune Street

2

1

884

1953

Yes

$499,000

02/11/17

Active

Griffith Road

4

4

N/A

2017

Yes

$1,089,000

10/04/17

Active

Cherri Drive

4

4

N/A

2017

Yes

$1,099,000

03/10/17

Active

1744 Pimmit Drive

4

4

884

1954

Yes

$1,150,000

10/30/17

Active

1901 Cherri Drive

5

4

884

1953

Yes

$1,195,000

10/30/17

Active

1901 Anderson Road

4

5

3,970

2017

Yes

$1,249,999

06/28/17

Active

2003 Leonard Road

6

5

N/A

2017

Yes

$1,310,000

11/26/17

Active

7413 Paxton Road

7

5

3,608

2015

Yes

$1,325,000

12/11/17

Active

7718 Lunceford Lane

5

5

3,823

2017

Yes

$1,325,000

03/30/17

Active

7731 Lisle Avenue

6

7

4,277

2017

Yes

$1,345,000

08/07/16 01/03/18

Active

1800 Gilson Street

6

7

N/A

2018

Yes

$1,350,000

Active

1906 Gilson Street

6

6

884

2018

Yes

$1,365,000

12/18/17

Active

1843 Lusby Place

6

6

N/A

2017

Yes

$1,390,000

08/17/17

AVERAGE LIST PRICE:

THERE ARE CURRENTLY 6 PIMMIT HILLS HOMES UNDER CONTRACT

$1,207,077

Please call 703-850-9663 for more information on these listings.

AVERAGE SOLD PRICE:

Pimmit Hills Homes Sold in The Last 30 Days

$500,000 AVERAGE DAYS ON MARKET (SOLDS):

68 Map is a visual representation of data on right page. ©Google 2018

Status

Address

Beds

Total Baths

Est. Sq. Ft.

Year Built

Basement Y/N

List Price

List Date

Close Price

Close Date

Sold

7621 Lunceford Lane

3

1

1,564

1952

No

$500,000

01/11/18

$500,000

01/11/18

Sold

7406 Bethune Street

3

1

884

1953

No

$540,000

09/01/17

$535,000

01/10/18

Sold

1802 Gilson Street

3

1

884

1954

No

$499,900

06/09/17

$480,000

12/27/17

Sold

1946 Hileman Road

3

2

1,326

1954

No

$499,000

12/04/17

$485,000

12/22/17

Kathleen Vetrano and RE/MAX Gateway are not in any way affiliated with Pimmit Hills Home Owners Association, nor is this in any way an official advertisement or publication of Pimmit Hills. © 2018 RE/MAX. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRIS MLS as of January 16th, 2018. Listings and sales may not be those of RE/MAX Gateway. MRIS MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Kathleen Vetrano - Pimmit Hills - Feb 2018  
Kathleen Vetrano - Pimmit Hills - Feb 2018