Vienna/Oakton
Market Update – December 2009/January 2010
Happy New Year! It’s time to wrap up 2009 with our monthly real estate update. Here’s a quick summary: Year-end housing inventory in our region was at its lowest since March 2006. Pending sales for December 2009 were still way up over December 2008. First-time homebuyers can still take advantage of the extended $8,000 First-Time [...]
Holiday Home Security – Online & Off
The Holiday Season is a wonderful time of year. Time for gratitude, celebration, and oftentimes a time to travel. As we enter the Holiday Season, we’d like to remind you to keep your home safe while you are away- especially in light of all the “new” ways we are in communication with one another. Here [...]
Fairfax County, VA Inventory and Median Sales Price
This chart shows inventory vs median price for single family homes in Fairfax County for the past year. Inventory is continuing to fall in Northern Virginia, and in particular Fairfax County. It’s easy to see on this graph that median price has closely correlated to level of inventory–that is, until recently. Has pricing hit bottom in [...]
What Sold in Vienna and Oakton in September?
Now that the calendar page has been flipped to October, it’s time to report on September statistics for Vienna Oakton real estate. In both Vienna and Oakton, sales in September 2009 were way up over September 2008. The market is still segmented however, with the lower price ranges moving much more quickly. (For example, of [...]
Vienna Named To CNNMoney.com List AGAIN!
CNNMoney.com recently named Vienna #19 in its Top 20 “Best Places For A Healthy Retirement“. Vienna is the onlyplace in Virginia to make the list and this follows a Top 5 ranking for Vienna in 2005 for “Best Places To Live“. (Read the full article here.) WOW! It seems that CNNMoney.com has finally figured out what the rest [...]
Weekly Market Update – Should I Stay or Should I Go?
Last night, I ran into a friend who used to be “in the business” like us – a previously active Realtor who still works in a real estate-related business, but not directly with listing & selling homes. At any rate, he asked me a question that blew me away. . . . “I have a friend who wants to [...]
Weekly Market Update
Q. “How many of the 7 indicators measured are trending in the right direction to bring the MRIS region’s housing market back towards balance?” ~ New listings: down 6.3 percent from a year ago. ~ Pending sales: up 31.0 percent. ~ Active listings: down 30.9 percent. ~ Days on Market Until Sale: down 10.4 percent. [...]
What Sold in Vienna And Oakton In July?
VIENNA: July 09 July 08 # New Listings 102 133 # Under Contract 90 80 # Sold/Settled 92 89 Average Days on Market for July Solds 62 days 87 days Highest Price Sale $1,825,000 $2,625,000 OAKTON: July 09 July 08 # New Listings 39 32 # Under Contract 32 21 # Sold/Settled 28 35 Average Days on [...]
Weekly Market Overview
As we head full on into the summer market, are you wondering what’s happening in real estate in our area? If so – check out the weekly market snapshot below - brought to you from The Belt Team via MRIS reporting: “Home sales activity in the MRIS region remains extremely robust as low mortgage rates, affordable inventory [...]
What Sold in Vienna and Oakton in June?
Hope you had a Happy Fourth and are enjoying the beautiful weather we are having! It’s time to report the June statistics for Vienna Oakton real estate. VIENNA: June 09 June 08 # New Listings 113 135 # Under Contract 101 87 # Sold/Settled 93 98 Average Days on Market for June Solds 100 days 73 [...]
