Real Estate Statistics – Vienna & Oakton

What’s happening this week in the Vienna & Oakton real estate markets?

As Sargent Friday used to say “Just the facts ma’am!

  • In Vienna, inventory dropped 9% this past week. 168 homes are on the market. That’s 11% below the average inventory we have seen throughout 2012. (SELLERS – NOW is a great time to sell! Less competition = leverage for YOU!(Get a FREE Home Value Analysis )
  • Oakton’s housing inventory remained stable. 76 homes are currently on the market.
  • This past week we also saw contract levels rebound from the week before. In Oakton, 9 homes went under contract. (We only saw 5 contracts for the week prior.) And in Vienna, 24 homes went under contract as opposed to 17 the week before.

Last week in Vienna Real Estate (22180,22181, 22182):

Search Homes For Sale in Vienna

  • Number of Contracts: 24
  • Average Days on Market for Active Listings: 117 days
  • Average Days on Market for Listings That Went Under Contract: 72 days
  • Inventory: 168 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.4 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.1 months

Last week in Oakton Real Estate (22124):

Search Homes For Sale in Oakton

  • Number of Contracts: 9
  • Average Days on Market for Active Listings: 94 days
  • Average Days on Market for Listings That Went Under Contract: 64
  • Inventory: 76 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 3.0 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 3.8 months

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If you’re thinking of buying or selling a home, watch this video and Contact The Belt Team at (703) 242-3975.

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