Rick Perkins - Cross Ridge - Market Report_11X17_MAR18

COMMONWEALTH

CROSSRIDGE

7201 Glen Forest Drive, Suite 104 Richmond, VA 23226 Each Office Independently Owned and Operated.

Rick Perkins Associate Broker RE/MAX Commonwealth

Real Estate Market Report | March 2018

804.869.1937 RickInRVA1@gmail.com www.CrossRidgeLifestyle.com www.55places.com/virginia/communities/crossridge

Visit www.CrossRidgeLifestyle.com for current market activity, community information, and more.

$369,806

$160

$353,658

$377,000

$364,702

Average Price per Sq. Ft. (2017)

$334,940

Median Sales Price (2017)

$328,268

CrossRidge Average Sold Price

2013

2014

2015

2016

2017

Year-Over-Year Average Days on Market (2017)

41

CrossRidge Average Price per Square Foot

$160

$160

44

$156

Total Number of Homes Sold (2017)

$146

98.4%

$145

Average Sold Price/List Price Ratio (2017)

2013

2014

2015

2016

2017

Year-Over-Year

Jonathan and Angela-Marie, CrossRidge has seen recent beneficial changes in its market. With only 1 home available and 0.4 months of supply, we are in a Seller’s Market. If you’ve considered selling, now is the time to get a great return from your investment! Call me today at 804.869.1937 to find out how I will help you maximize your home’s selling potential!

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018

CROSSRIDGE YEAR-OVER-YEAR REVIEW

COMMONWEALTH

Presented by

Rick Perkins

Your CrossRidge Real Estate Specialist

www.CrossRidgeLifestyle.com

Prepared Especially for Jonathan and Angela-Marie Williamson

Rick Perkins

C RO S S R I D G E M A R K ET REPORT

Associate Broker RE/MAX Commonwealth

804.869.1937 RickInRVA1@gmail.com www.CrossRidgeLifestyle.com

CrossRidge Homes Recently Listed

A MESSAGE FROM RICK PERKINS YOUR CROSSRIDGE REAL ESTATE SPECIALIST Realizing your home is one of the largest investments you will ever make, I believe keeping you informed of current market trends and CrossRidge home values is one of the greatest services I can provide. Thank you

herein or would like to discuss the value of your property, please don’t hesitate to call me. Should you know anyone outside the community who might enjoy receiving a copy, please forward their address and I will

for taking the time to read my report. If you have any questions regarding any of the information contained

add them to my mailing list.

Status

Address

Active

10111 Locklies Drive

SOLD FOR 100% OF ASKING IN UNDER TWO WEEKS!

Beds

Total Baths

Estimated Square Feet

List Price

List Date

Attached

3

2.1

2,020

$329,950

02/21/18

CrossRidge Homes Currently Pending There are currently 4 homes pending in CrossRidge.

For more information on these homes, call Rick today at 804.869.1937.

— Rick Perkins

FEATURED CROSSRIDGE SUCCESS BY RICK

Property Type

CrossRidge Homes Sold in the Last 3 Months Status Address

Property Type

Beds

Total Estimated Baths Square Feet

Sold

3821 Coles Point Way

Detached

3

3.0

Sold

3485 Fitchetts Lane

Detached

3

Sold

3516 Gwynns Place Unit #3516

Attached

Sold

3707 Corrotoman Road Unit #1

Sold

List Price

List Date

Sold Price Sold Date

2,158

$389,000

08/25/17

$377,500

01/31/18

3.0

2,165

$375,000

06/08/17

$370,000

01/30/18

3

2.1

2,020

$329,950

11/01/17

$322,000

01/26/18

Attached

3

2.1

2,334

$399,000

09/26/17

$387,000

01/26/18

904 Morattico Circle Unit #904

Attached

3

2.1

2,020

$374,950

12/11/17

$370,000

01/25/18

Sold

3401 Gwynns Place Unit #3401

Attached

3

2.1

2,336

$350,000

09/07/17

$345,000

12/15/17

Sold

822 Fair Port Circle Unit #822

Attached

3

2.1

2,020

$379,950

10/11/17

$376,000

12/08/17

Rick Perkins and RE/MAX Commonwealth are not in any way affiliated with CrossRidge Home Owners Association, nor is this in any way an official advertisement or publication of CrossRidge. ©2018 All rights reserved.

This representation is based on sales and data reported by multiple brokers/agents to the CVRMLS as of March 5th, 2018. Listings and sales may not be those of RE/MAX. The National Association of Realtors® and CVRMLS 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.

WHAT IS YOUR HOME WORTH THIS SPRING? 3403 Gwynns Place | 3 Bedrooms | 2.1 Bathrooms | 2,020 Est. Sq. Ft.

www.CrossRidgeLifestyle.com

Jonathan and Angela-Marie, Our experience with Rick was outstanding. He was very supportive in every step of the process of exploring many 55+ communities, to the sale of our residence. He was always available to answer questions, meet with us as needed, and offer

Now is the perfect time to assess your home’s current value and work with me to discover

guidance or suggestions with financing options, sale negotiations, and closing support. We would highly recommend

your home’s true selling potential.

Rick to anyone considering buying or selling a home; he has a finger on the pulse of the current Richmond market.

— Jay and Pat R. | 5-Star Review

www.CrossRidgeLifestyle.com