• Over the past week, Oakton’s housing inventory increased 21% – from 72 homes on the market to 87 homes available. In Vienna, the number of active listings remained about the same as the previous week – with 126 homes for sale as opposed to 124 homes last week.)

• Despite the rise in home available for sale in Oakton, Oakton remains in a Seller’s Market – with just under 2 months of housing inventory. Vienna’s market is moving even swifter and only 1 month of inventory is available.

• Homes are selling quickly. Last week, 65% of the homes that sold in Vienna went under contract in 2 weeks or less. In Oakton, that figure was 67%. The average for both areas was just 20 days!

Here are the rest of this past week’s statistics:

Vienna Real Estate (22180,22181, 22182):

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• Number of Contracts: 31 (up from 22 the prior week)
• Average Days on Market for Active Listings: 89 days
• Average Days on Market for Listings That Went Under Contract: 20 days
• Inventory: 126 homes on the market
• Number of Months Supply of Homes (Based on past 90 day contract rate): 1.2 months
• Number of Months Supply of Homes (Based on past 30 day contract rate): 1 month!

What Is My Vienna Home Worth?

Oakton Real Estate (22124):

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• Number of Contracts: 12
• Average Days on Market for Active Listings: 85 days
• Average Days on Market for Listings That Went Under Contract: 20 days
• Inventory: 87 homes on the market (up from 72 last week!)
• Number of Months Supply of Homes (Based on past 90 day contract rate): 2 months
• Number of Months Supply of Homes (Based on past 30 day contract rate): 2 months

What Is My Oakton Home Worth?

Our mission is “Changing Lives For The Better – One Family At A Time!”

• What percentage of Sellers stage their homes?

• And what’s the return on investment?

If so, check out this short video and then contact The Belt Team at (703) 242-3975. We work with stagers that can make magic happen. But we can also advise you personally on whether YOUR home needs staging or not. It’s not always necessary and we make it a point to advise our clients on what is best for them. We don’t want you to have to spend money if it’s not in your best financial interests! (That’s one reason our clients think we are the best Realtors in Northern VA!)

This delightful new home is just about finished and ready to go in the Heart of Vienna! Enjoy gorgeous red oak hardwoods, 2 fireplaces, a 2-car garage, 9′ ceilings, and a front porch. Gourmet kitchen with granite countertops, large Island with gas cooktop, double wall ovens, extra large chef’s sink. Master with double walk-in closets, oversized ceramic tile shower, bronze fixtures throughout. Finished basement, upstairs laundry, energy-efficient! Steps to town & in Madison HS pyramid!

Directions: From Tysons: S on Rt. 123 , Chain Bridge, which becomes Maple Avenue in Vienna. Continue past Westwood CC to Center St. Left on Center, by the library, Right Locust St. ,Right Cottage St., Right Hickory Circle to 118!

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• Inventory levels are stable (and low). Vienna has 124 homes on the market (down 1 from a week ago). And Oakton has 72 homes on the market (up 1 from a week ago).
• Months of housing supply remains the same in each area: 1 month in Vienna and 1.6 months in Oakton. (This means it’s a Seller’s Market.)
• Homes are selling quickly. In Vienna, 59% of the homes that went under contract sold in 2 weeks or less. In Oakton, that figure was 45%.
• Buyers all over Northern VA are finding themselves competing for the same homes. It’s not unusual for a buyer to write contracts on multiple homes before they prevail and beat out the competition.

Here are last week’s statistics:

Vienna Real Estate (22180,22181, 22182):

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• Number of Contracts: 22
• Average Days on Market for Active Listings: 92 days
• Average Days on Market for Listings That Went Under Contract: 44 days
• Inventory: 124 homes on the market
• Number of Months Supply of Homes (Based on past 90 day contract rate): 1.3 months
• Number of Months Supply of Homes (Based on past 30 day contract rate): 1 month!

What Is My Vienna Home Worth?

Oakton Real Estate (22124):

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• Number of Contracts: 11
• Average Days on Market for Active Listings: 94 days
• Average Days on Market for Listings That Went Under Contract: 36 days
• Inventory: 72 homes on the market
• Number of Months Supply of Homes (Based on past 90 day contract rate): 1.6 months
• Number of Months Supply of Homes (Based on past 30 day contract rate): 1.6  months

What Is My Oakton Home Worth?

Our mission is “Changing Lives For The Better – One Family At A Time!”

But seriously, when you need something delivered, call on Keller Williams Realty. Nope, I’m not talking about the mail. I’m talking about something even more important. Food.

Lots of groups in our area collect food for area food banks. And since our real estate office is in McLean – we are supporters of SHARE of McLean. SHARE’s clients are the working poor. And before you ask, let me answer – YES, the McLean area has its share of poor. You might be surprised, but last year SHARE provided assistance to 2,500+ families (more than 7,500 people) – including economically distressed families, seniors on limited incomes, victims of abuse and even homeless folks.

One of the reasons why The Belt Team affiliated with Keller Williams Realty 5 years ago, is that Keller Williams has a year-round commitment to improving our local communities. We have a saying “We give where we live.” It’s why The Belt Team is proud to sponsor so many local charitable events & community teams – things like Youth Apostles, St. Mark Catholic School, Vienna Little League & more.

But once a year, on the 2nd Thursday in May, we have a special day called “RED DAY”. RED stands for “Renew, Energize and Donate”. And our entire company stops what they are doing in order to take on special events to make a difference in our communities. (Keep in mind that Keller Williams is the largest real estate company by agent count in the entire United States, with over 80,000 agents!)

All kinds of magical things happen on RED DAY. Homes are rebuilt or restored. Senior citizens get dancing partners and go to “Senior Prom”s. Gardens are planted or weeded. Cemetery headstones are cleaned. And here in McLean, SHARE’s food bank is replenished.

I’m proud to announce that this year, our McLean/Great falls office has set the SHARE of McLean record (AGAIN!). We even collected more than the United States Postal Service – assembling 7,586 pounds (almost 4 TONS) of food & supplies (including more than 9,000 diapers). (That’s more than a “Mommy & Daddy River Hippopatamus” weigh!)

Thanks to all who donated to help those in need. We really appreciate your support! (And a special thanks to Diane Miller in our office who organizes RED Day each year. Diane – you ROCK!)

And don’t forget, The Belt Team and Keller Williams Realty deliver. So when you need to get something done (like buying or selling a house!) – you know who to call. And it ain’t Ghostbusters! Call The Belt Team at (703) 242-3975

“Changing Lives For The Better – One Family At A Time”

Call (703) 242-3975 for more info!

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118 Hickory Circle, S.W. in Vienna – $1,200,000

Open Saturday and Sunday (May 11 & 12) from 1PM to 4PM

Directions: From Tysons: S on Rt. 123 , Chain Bridge, which becomes Maple Avenue in Vienna. Continue past Westwood CC to Center St. Left on Center, by the library, Right Locust St. ,Right Cottage St., Right Hickory Circle to 118!

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Read about “Life in Vienna”

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204 Cottage Street, S.W. in Vienna (same builder that is building at 207 Lewis Street, N.W. in Vienna – $1,350,000)

Open Sunday (May 12) from 2PM to 4PM

Directions: I-66/Vienna Metro: exit to Nutley Street; R on Tapawingo; L on Cottage to #204. Or from Tysons: S Rt 123, becomes Maple Avenue, L on Center Street (by library) R on Locust Street, Left on Cottage St to #204

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Read about “Life in Vienna”

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Call (703) 242-3975 for more info.

The Belt Team’s motto is “Changing Lives For The Better – One Family At A Time!”. Is it time to change YOURS?!

This recently updated townhome is in an ideal location for cummuters & is conveninet to many amenities. Features include 3 bedrooms, 2.5 baths, beautifully refinished hardwood floors, crown molding, a spacious eat-in kitchen with updated appliances, recently renovated bathrooms, finished walk out lower level, back deck with new wood floor and an & attached garage. Listed at $315,000

Call (703) 242-3975 for more info!

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X     Sited on 5 gorgeous acres!                                 X     Pool!

X     Spa!                                                                     X     Sport Court!

X     As stunning inside as it is outside!

Yup – all the boxes are “X’d” on this one!

Call (703) 242-3975 for more info!

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