Home Selling in Stone Ridge>Question Details

Wo, Home Owner in Stone Ridge, VA

Seems that more homes than usual are coming up for sell in Stone Ridge? How come?

Asked by Wo, Stone Ridge, VA Thu May 5, 2011

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I will only add that I get this question all the time about lots of neighborhoods. In part, I think it is just that we notice things that are impacting us. For example, if you are thinking of selling, you may simply be noticing it more. Ever notice how when you have a baby on the way you see pregnant ladies everywhere? Or, after you buy a new car (or while you're thinking about it) you see many of the same kind of vehicle that you just bought or are considering? I think perception is part of it.

However, we are a "herding" animal, we do move in droves, so I am sure there is some truth to your perception. We see trends. The average time that people own a home is 7 years. So 6-7 years after build out there is a lot of turnover, and again about 12-15 years after build out. That's normal trending.

Adding to that, with the recent real estate cycles, I know I am seeing people that have been trying to "wait out the market" realize that the market is stable (ish) and not going to magically go back to 2005 values any time soon, so people are realizing that the time to sell for them may in fact be now. Their oppportunities to "time" the market and sell at the peak are well behind them. And so, they are putting their homes on the market now, having waited several years from when they originally wanted to sell.


Given all that... I would be glad to provide you with whatever real estate services you need. I have a really neat tool - the link is below - which will provide you an automated report on home sales in your neighborhood, if you're interested in keeping a close eye on the market, it's really cool report. Feel free to reach out to me individually as well. I am at vchrisner@kw.com or 703-669-3142.

Best,
Vicky
0 votes Thank Flag Link Thu May 5, 2011
Wo,

For one, it's spring and that's when many sellers put their home on the market thinking it's the best time to sell. And you may also be noticing builders' home listings which are basically ads for new construction homes.

Another reason is that Stone Ridge is a fairly new community meaning that many people who bought in the community have not come to the "5 year" mark - the average number of years people in the DC metro area live in their home before moving once again. As the community matures, you'll see more people selling (and buying).

And you may have the new car syndrome - when you buy a new car, you seem to notice the same type of car everywhere you go even though you didn't notice it much before you bought it.

Danilo Bogdanovic
703.582.6900 (cell)

http://LoudounScene.com
http://LoudounForeclosures.com
0 votes Thank Flag Link Fri May 6, 2011
Wo,

Do you mean Stone Ridge, the town, or Stone Ridge, the subdivision, located within Aldie?

Either way, Aldie/Stone Ridge area is one of the locations where NEW homes are being built - as you can see in the link attached. All the homes with zero or 1 in the age column are new construction homes.

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=217…

Vivianne Rutkowski
KELLER WILLIAMS REALTY
540-229-5429
0 votes Thank Flag Link Thu May 5, 2011
Hello Wo,

In addition to my colleague Cindy's response, these could also be a couple possibilities as reasons for the recent spike in inventory:

1. It costs less today to live "closer in" to work, so folks who have had a longer commute may be selling in favor of more life balance

2. Aldie/Stone Ridge was built up tremendously (as was much of Loudoun County) during the real estate "boom" years - thus leading to more distress than you might find in other parts of the DC Metro area. This is of course good for buyers looking for a deal.

Please let me know if I can be of assistance in helping you determine in the NoVA area what might be a good home for your family.

Kind regards,
Lisa

Lisa Moroniak | REALTOR® | Service360°
SFR - Short Sale & Foreclosure Certified
Keller Williams Realty
Phone: 703-635-0388
Fax: 703-679-1701
http://www.LisaMoroniak.com
Licensed in VA
Web Reference: http://www.LisaMoroniak.com
0 votes Thank Flag Link Thu May 5, 2011
It's spring and this is the time when most sellers put their homes on the market. The demand also appears to be high as some of those that came on in the last week are already under contract.
0 votes Thank Flag Link Thu May 5, 2011
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