Vienna Real Estate Stats – April 2016

Wondering what’s happening in the Vienna real estate market? Here are the stats!

Vienna Real Estate Stats

  • 80 homes went under contract in Vienna in March. This is up 5% over April 2015.
  • Almost the exact same number of homes came on the market this April (189) as did last April (187).
  • Homes sold more slowly this April than they did last year – in an average of 76 days as compared to 53 days in April 2015.
  • The interesting number is that more than half (53%) of the homes that sold in April in Vienna went under contract in 10 days or less! (Note: The homes that sold in April probably went under contract in & March).
  • And the trend continued, with 52% of the homes that went under contract in April doing so in 10 days or less!
  • We currently have a 3.4 month supply of homes in Vienna. Overall, that puts us in a Balanced Market – with no advantage to either Buyers or Sellers. However, in any given price range, the numbers make skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market.

BUYERS – Despite it being a Balanced Market, you need to prepare to move FAST so that when your dream home comes on the market – you can pounce. With more than half of the homes going under contract in 10 days or less (and the best in 24 hours or less) – it’s simply imperative. Better yet – talk to us about our Priority Notification System and find out about homes BEFORE they come on the market!


SELLERS – 40% of the homes have been on the market more than 2 months, 20% of the homes have been on the market more than 6 months, one as long as almost 5 years! This means you need to price right & prepare properly. And choose a Realtor with a proven track record.


(Call Terry Belt or Kevin Kleifges at 703-242-3975 for our FREE Report “Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.)


 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s