Kathy Worek - Lyon Village - Nov 2017

KATHY WOREK

GATEWAY

REALTOR®

Cell 703.401.4376 Office 703.955.7050

LYON VILLAGE

Kathy@kathyworekgroup.com www.LyonVillageLiving.com RE/MAX Gateway 3000 N. 10th Street Arlington, VA 22201

November 2017 | Real Estate Market Report

2009-2016

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2017

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

Ask Kathy about the Upside of Selling Your Home in the Fall Sellers sometimes hear that home sales dip during the fall season, but is this truly relevant to the successful sale of your home?

Allow me to share my knowledge and answer these and any other questions you may have to learn about the upside of selling during this time of year.

1

How will you use the changing season to make my home stand out?

4

Why does the upcoming holiday season benefit my opportunity to sell?

2

If sales traditionally slow down what is your marketing strategy to attract buyers?

5

How do these factors maximize the value of my home?

3

Why are buyers in the fall different from buyers in the spring?

One fact doesn’t change, you always need a Realtor who can represent your home to its truest potential!

Johnathan and Angela-Marie, As your Lyon Village expert, I am here to help you take advantage of the fall season. Call me today at 703.401.4376 to find out how I can represent your home and receive a complimentary, no-obligation home assessment.

PRESENTED BY KATHY WOREK Your Lyon Village Neighbor & Realtor

Prepared Especially for JOHNATHAN AND ANGELA-MARIE WILLIAMS

KATHY WOREK

Lyon Village Third Quarter Review

Kathy@kathyworekgroup.com www.LyonVillageLiving.com

 3.9% vs. Q3 2016 ($1,087,500)

 14.2% vs. Q3 2016 ($465)

$0 $2M $2M $1M

Average Days on Market

Lyon Village Homes Currently Active Address 1925 N. Vance Street 1521 Edgewood Street 2716 N. Franklin Road 3207 N. 19th Street 1834 Kirkwood Place 1307 N. Hudson Street 1801 Hartford Street

Beds 2 2 4 5 5 5 5

Baths 1 2 2 4 5 5 7

Est. Sq. Ft. 800 891 1,593 2,376 1,400 3,080 4,014

Year Built 1929 1937 1937 2014 2017 2007 1939

List Price $729,900 $899,900 $1,130,000 $1,174,900 $1,849,000 $1,949,900 $2,699,900

2015

2014

2015

2016

2017

2016

2017 $531

Third Quarter Year-Over-Year 2017 $500K

LYON VILLAGE MARKET REPORT Status Active Active Active Active Active Active Active

2014

$1,134,714

$531

$1M $500K

$1,134,714

$1,130,000

$2M

$1,132,500

Average Price per Sq. Ft.

$1,132,500

A portion of every one of my sales goes to the Children's Miracle Network

Median Sales Price

$1,472,667

PUT YOUR MONEY WHERE THE MIRACLES ARE

$2M

$1,472,667

Johnathan and Angela-Marie, If you want to know what your home would sell for in today's market, contact me at 703.401.4376 for your free report.

Lyon Village Average Sold Price $1,683,525

Cell 703.401.4376 Office 703.955.7050

$1,683,525

REALTOR®

List Date 06/18/17 03/17/17 10/12/17 08/23/17 09/12/17 10/05/17 09/21/17

$0

8

$600

 63.6% vs. Q3 2016 (14 Days Faster)

$400

$445

$431

$465

$445 2014

$431 2015

$465 2016

$531 2017

2014

2015

2016

2017

Lyon Village Average Price per Square Foot

$200

Average Sold Price/List Price Ratio

98.1%

$400

 5.1% vs. Q3 2016 (93%)

$200

Total Number of Homes Sold

7

 75% vs. Q3 2016 (4)

$0 $600

$0

Third Quarter Year-Over-Year 2017

Lyon Village Homes Currently Under Contract Status Contingent Contract Contract

Address 1820 N. Herndon Street 2423 N. 16th Street 1515 N. Garfield Street

Beds 3 3 6

Baths 3 2 6

Est. Sq. Ft. 1,789 950 5,117

Year Built 1984 1922 2017

List Price $1,100,000 $825,000 $2,098,500

List Date 08/10/17 10/06/17 12/27/16

Contract Date 10/10/17 10/14/17 03/17/17

This statistical analysis represents the average comparisons of 2017 over 2016 for Lyon Village. For an in-depth analysis of your home’s true value, call me today at 703.401.4376 for a complimentary evaluation.

Lyon Village Homes Recently Sold Status Sold Sold Sold Sold Sold Sold

Address 1608 N. Bryan Street 1838 Kirkwood Place 1601 N. Kirkwood Road 1723 Barton Street 1916 N. Wayne Street 1506 Garfield Street

Beds 4 3 3 3 4 4

Baths 3 1 3 2 4 2

Est. Sq. Ft. Year Built List Price 1,296 1929 $1,100,000 1,040 1953 $799,000 2,341 1960 $850,000 1,078 1929 $925,000 1,897 1924 $1,050,000 1,712 1913 $1,350,000

List Date 10/14/17 10/03/17 09/08/17 10/03/17 08/11/17 09/16/17

Close Price $1,100,000 $742,000 $865,000 $925,000 $1,050,000 $1,350,000

Close Date 10/14/17 10/10/17 10/06/17 10/03/17 09/19/17 09/16/17

Kathy Worek and RE/MAX Gateway are not in any way with Lyon Village Home Owners Association, nor is this in any way an official advertisement or publication of Lyon Village. © 2017 RE/MAX Gateway. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to MRIS MLS as of October 17th, 2017. 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.

Do You Know Your Home's TRUE Value?

Dear Johnathan and Angela-Marie, Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Kathy Worek, your Lyon Village Neighbor & Realtor.

www.LyonVillageLiving.com