Oakton Housing Inventory Creeps Up, Vienna’s Is Stable

What’s happening in the real estate market in Vienna and Oakton?

  • 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):

Search Homes For Sale in Vienna

  • 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):

Search Homes For Sale in Oakton

  • 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?

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