Fairfax County Real Estate

October 26, 2007

Foreclosures Fairfax County Virginia October, 2007

FORECLOSURES IN FAIRFAX COUNTY, VIRGINIA LISTED FOR SALE

FORECLOSED HOMES IN FAIRFAX COUNTY LISTED FOR SALE

ABOUT 146 DETACHED SINGLE FAMILY HOMES THAT HAVE BEEN FORECLOSED,
ARE BANK OWNED AND ARE LISTED FOR SALE.

Market report for properties that have been through the foreclosure process and are bank owned.

Foreclosed properties are located throughout Fairfax County real estate.

FORECLOSURES in Fairfax County
Properties are located in
Alexandria (not Old Town) - 27 foreclosed homes for sale.
Annandale - 5 foreclosed homes for sale.
Burke - 4 foreclosed homes for sale.
Centreville - 11 foreclosed homes for sale.
Fairfax City - 9 foreclosed homes for sale.
Falls Church - 16 foreclosed homes for sale.
Herndon - 34 foreclosed homes for sale.
Lorton - 9 foreclosed homes for sale.
Springfield - 34 foreclosed homes for sale.
The remainder are in McLean, Great Falls, Vienna.

FORECLOSURES ARE ALL AGES in Fairfax County
15 properties are 10 years old or newer.
22 properties are between 11 and 25 years old.
109 properties are over 25 years old.

PRICES OF THE FORECLOSED HOMES in Fairfax County 
8 properties are priced between $400,000 and $500,000.
26 properties are priced between $500,000 and $600,000.
10 properties are priced between $600,000 and $700,000.
8 properties are priced between $700,000 and $800,000.
3 properties are priced between $800,000 and $900,000.
3 properties are priced between $1,000,000 and $3,100,000.

AVERAGE PRICE RANGE FOR FORECLOSURES  in Fairfax County 
The minimum price for foreclosures in Fairfax County is $310,000.
The high price for foreclosures in Fairfax County is over $3,000,000.
The average price for foreclosures in Fairfax County is $547,500.

LOT SIZES FOR FORECLOSURE in Fairfax County 
The smallest lot size for foreclosed properties in Fairfax County is under 1/5 acre.
The largest lot size for a foreclosed property in Fairfax County is about 5.5 acres.
The average lot size for foreclosed properties in Fairfax County is about 1/4 acre. 

EXAMPLES OF FORECLOSED HOMES IN FAIRFAX COUNTY, VIRGINIA

homes in fairfax county  Homes for sale in Fairfax  Fairfax county homes

Examples of foreclosed homes in Fairfax County in the $400,000, $500,000 and $800,000 price range.

Lenn Harley, Homefinders.com, 800-711-7988.

Courtesy:  Homefinders.com

Foreclosures in Herndon, Virginia, REO and Foreclosures

FORECLOSURES IN HERNDON VIRGINIA - SINGLE FAMILY HOMES BANK OWNED

ABOUT 27 DETACHED SINGLE FAMILY HOMES in HERNDON THAT HAVE BEEN FORECLOSED,
ARE BANK OWNED AND ARE LISTED FOR SALE.

Market report for properties that have been through the foreclosure process and are bank owned.  The report below reflects existing detached single family homes in Herndon Virginia in Fairfax County available for sale.  Non-contingent sales are the only offers accepted and all homes are sold “as is”.  Buyers may have a home inspection for their own information and banks may negotiate the price based on condition. 

There are about 300 detached single family homes listed for sale in Herndon, Virginia.  Of this number, about 33 are bank owned properties that have been foreclosed and now offered for sale.  They are listed for sale in the MLS along with all other resale properties and new home listings.  Bank owned properties will be included in any tour of homes prepared by Homefinders agents.

Homes for sale in Herndon are priced from $309,900 for a home constructed in 1900; a luxury home priced at $1,885,000 for a home built in 2003.  The average price for a single family home in Herndon is $563,465.

Foreclosed properties are located throughout Herndon real estate in Northern Virginia.
There are about 33 bank owned homes in Herndon for sale.
The lowest price for a foreclosed home is $339,900. 
The highest price for a bank owned house in Herndon is $575,000
The average price for single family home foreclosed in Herndon is $412,139.

ZIP CODES FOR FORECLOSURES
5 properties are in Zip Code 20171
26 properties are in Zip Code 20170

FORECLOSURES COME IN ALL AGES AND TYPES OF HOMES
8 properties were built between 1982 and 1998
10 properties were built between 1977 and 1981
15 properties were built between 1960 and 1976

PRICES OF THE FORECLOSED HOMES IN HERNDON
21 properties are priced between $339,900 and $400,000.
12 properties are priced between $434,000 and $575,000.

AVERAGE PRICE RANGE FOR FORECLOSURES IN HERNDON VIRGINIA
The minimum price for foreclosures in Herndon is $339,900
The high price for foreclosures in Herndon is $575,000
The average price for foreclosures in Herndon is $412,139.

LOT SIZES FOR FORECLOSURE IN HERNDON COUNTY
The smallest lot size for foreclosed properties in Herndon is 5,445 square feet.
The largest lot size for a foreclosed property in Herndon is about 2 acres.
The average lot size for foreclosed properties in Herndon is about 1/4 acre. 

EXAMPLES OF FORECLOSED HOMES IN HERNDON, VIRGINIA

Map Herndon

 home in herndon

 $525,000 price range foreclosure in Herndon.

Homes in Herndon

 $350,000 price range foreclosure in Herndon.

 Home in Herndon

$550,000 price range in Herndon with acreage.

SEARCH HOMES FOR SALE HERE                                                                                       

Lenn Harley, Broker, Homefinders.com 800-711-7988, E-mail

Foreclosures in Fairfax County, Virginia, Foreclosures and REO Sales

FORECLOSURES IN NORTHERN VIRGINIA. BANK OWNED PROPERTIES IN VIRGINIA FOR SALE. REO SALES.

GUIDE FOR HOME BUYERS INTERESTED IN REAL ESTATE FORECLOSURES IN VIRGINIA. 

MARKET REPORT FOR FORECLOSURES IN THE HOMEFINDERS.COM MARKET AREA WHICH INCLUDES
real estate in Northern Virginia in the Counties / Cities of:  Alexandria, Arlington, Fairfax, Fairfax City, Falls  Church, Fauquier, King George, Loudoun, Manassas, Prince William, Spotsylvania, Stafford.

THE NATIONAL AND LOCAL NEWS IS FULL OF NEWS ABOUT FORECLOSURES, REO, IN VIRGINIA.   The percentage of foreclosed homes for sale in Virginia, is lower than many areas in the country, but higher than nearby areas in Maryland.  These properties have been through the foreclosure process and are now bank owned.  The report below reflects existing only detached single family homes in the listed counties in Virginia.  Non-contingent sales are the only offers accepted and all homes are sold “as is”.  Buyers may have a home inspection for their own information and banks may negotiate the price based on condition. 

FORECLOSED HOMES IN NORTHERN VIRGINIA.  There are about 730 detached single family homes for sale in these counties that have been foreclosed and are bank owned.  This is about 4.6% of the 15,762 active listings of homes for sale in the area.

Virginia County Average Price
Arlington County $555,000
Fairfax County $476,000
Fairfax City $433,000
Falls Church $475,000
Fauquier County $414,000
King George County $343,000
Loudoun County $464,000
Manassas City/Park $328,000
Prince William County $402,000
Spotsylvania $328,000
Stafford County $369,000

EXAMPLES OF FORECLOSED HOMES LISTED FOR SALE IN NORTHERN VIRGINIA

 Home in Ashburn, Virginia  home in stafford   Fairfax County homes 

  • EXAMPLES OF FORECLOSED HOMES IN NORTHERN VIRGINIA
  • 1.  Investor purchased new home in Loudoun County.
  • 2.  Home in Prince William County.
  • 3.  Home in Fairfax County

SEARCH LISTING IN VIRGINIA

Lenn Harley, Broker, Homefinders.com 800-711-7988, E-mail

Foreclosures in Fairfax County Virginia- SOLD Prices

FORECLOSURES IN FAIRFAX COUNTY VIRGINIA - SOLD IN SEPTEMBER 2007

THE QUESTION FOR THE DAY - ARE FORECLOSURES REALLY A GOOD BUY?

The average list price for foreclosured detached single family homes in Fairfax County, Virginia that closed in the month of September 2007 was $495,135. 

The low list price for foreclosed detached single family homes in Fairfax County, Virginia that closed in the month of September 2007 was $306,250.

The high list price for foreclosed detached single family homes in Fairfax County, Virginia that closed in the month of September 2007 was $1,209,900.

The average DAYS ON THE MARKET FOR the 13 foreclosed detached single family homes that closed in the month of September 2007 was 123 days

Town                  List Price             Sold Price          Subsidy

Alexandria      $341,250.00     $305,000
Alexandria      $414,500.00     $335,000
Alexandria      $369,900.00     $360,000        $15,000
Alexandria      $390,500.00     $390,000
Annandale   $1,300,000.00   $1,000,000        $30,000
Chantilly         $399,900.00     $399,900        $11,790
Fairfax           $389,900.00     $383,150
Fairfax           $749,900.00     $742,000
Falls Church    $452,000.00     $430,000        $12,700
Herndon         $389,900.00     $389,900        $6,000
Lorton            $649,900.00     $619,900        $12,000
Springfield      $432,500.00     $370,000
Springfield      $414,900.00     $392,900        $12,000

Courtesy:  Homefinders.com, Lenn Harley, Broker, 800-711-7988, E-Mail.

Search Listings Fairfax County, Virginia

October 25, 2007

ABOUT HOMEFINDERS AND HOW WE HELP

Fairfax County Buyers Agents helping home buyers find homes to buy; new homes, resale homes, condominium homes, town homes, single family homes in Fairfax County.

Help with home search, home finance, home inspection, settlement.  We walk with you from search to settlement.  Buyers agents helping home buyers in Fairfax County.

FAIRFAX COUNTY REAL ESTATE AREAS SERVED: Alexandria, Annandale, Burke, Centreville, Chantilly, Clifton, Fairfax City, Fairfax Station, Falls Church, Great Falls, Lorton, McLean, Merrifield, Mount Vernon, Oakton, Reston, Springfield, Vienna and more.

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