Oakton Home Sale Statistics – How Long To Sell Your Home and Are Prices Rising?

If you’re thinking of buying a home in Oakton VA in 2017, then you’re probably wondering things like:

  • “How long are homes on the market?”
  • “Will I have to pay over list price or can I get a deal?”
  • “Buyer’s Market or Seller’s Market?”

If you’re thinking of selling a home in Oakton in 2017, you’re probably wondering:

  • “How long will it take to sell my house?”
  • “Will I have to negotiate my list price?”
  • “Seller’s Market or Buyer’s Market?”

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Let’s look at 2016 statistics as they are often an indicator of what you can expect:

  • Average Days on Market in Oakton: 67  (up from 61 days in 2015)
  • Sold Price as % of Original List Price: 95.6% (up from 95.5% in 2015)
  • Percent of Homes Sold in 10 Days or Less: 26% (down from 29% in 2015)
  • Average Sold Price: $676,683 (down from $739,544 in 2015)
  • Number of Home Sales: 321 (up from 318 in 2015)
  • More Oakton Real Estate Market Stats

BUYERS:

Current housing supply in Oakton VA is 2.9 months. This translates to a “Seller’s Market”. (Be aware that number is for the market as a whole. If you are buying, you’ll need to ask for an analysis of the price range you’re looking in as some price ranges may actually have much more inventory.) Either way – you need all the advantages you can get. Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS. Call 703-242-3975 for details.

SELLERS:

Terry Belt, CEO of The Belt Team commented, “Every year, we see competition for the best listings in the market. Often times, those who sell in January/February sell for more than those who wait for the traditional “Spring Market”. In 2017, we especially think this will bear out as we are already seeing interest rates rise, pricing some folks out of the market. Time will tell as to what 2017 has in store, but The Belt Team is already working with a number of Buyers and Sellers in Oakton and we expect the market to start out briskly.”

If you’re selling a home, your next question may be – “Is there a way to sell faster and for more than average?” And the good news is YES!

The best way to do that is to hire the real estate team with the best proven track record of success in the Oakton Vienna area. (Yes – we include Vienna because most people looking at homes in OAkton are also looking in Vienna. So having a top Realtor in both areas is in your best interests. When Buyers look at our listings in Vienna and rule our Vienna, we can refer them to our listings in Oakton!)

So who is that? It’s The Belt Team. Check out Belt Team statistics:

Once again in 2016, The Belt Team sold more homes in the Oakton Vienna area than any other agent or team. This has been the case every single year since 2009. Our track record here shows we sell homes more quickly and for more money than the “average agent”. Our experience & expertise save you time & money!

Anyone can have a good year. Maybe even a good year or two. When you’re selling your home, you need results you can count on. Over the past 10 years, The Belt Team has consistently sold more homes in the Oakton/Vienna area than ANY other agent or team—84% more than the next closest team.

The Belt Team

 

 

 

 

 

 

 

Only three of the 10,000+ Realtors in Northern VA have sold more than 200 homes in Vienna/Oakton in the past ten years. Of those, The Belt Team has the best sold to list price ratio. (Meaning not only do our homes sell faster than average, they sell for a higher percentage of list price than our top competitors.)

Only two agents/teams in Northern VA have sales of more than $250 Million. The Belt Team is one of them. We’ve sold more than $395 Million. 57% more than our next closest competitor. AND our listings also sell more than a month FASTER and FOR 3.3% MORE than this competitor.

On a $2M home, that’s $66K more in YOUR pocket!

Call The Belt Team at (703) 242-3975 if you would like to buy or sell a home in the Oakton Vienna. Not only have we sold more home in this area, but many of our team members have lived here for years. Terry Belt & Christy Belt Grossman grew up in Vienna, have lived here since 1972 and raised their families in here. And Christy’s husband Bill is a baseball coach at Oakton High School. Tom Hanton & Kevin Klefiges has also lived in the area since they were children and are raising their families here as well. We know the schools, the parks, the commuter short cuts, the history and all the things that make Oakton a most special place to live. Not only do we sell homes in Oakton, but with genuine enthusiasm & experience, we sell the entire community.

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 Don’t YOU deserve the BEST Realtor in the Oakton Vienna area?

Top Realtor Vienna VA

Northern Virginia Neighborhoods – How Do Streets Get Their Names?

French Flag Ceret Court Vienna VA 22180

Unlike U2’s song “Where The Streets Have No Name“, the streets in most Northern Virginia neighborhoods DO have names. But you might be surprised to find out where the names come from!

Take for example “Alliwells Court” and “South Erin Drive” in the Wendover Oaks neighborhood in Oakton. This subdivision was built a number of years ago by one of the builders The Belt Team represents. Allison & Erin Wells are two of the builder’s granddaughters. When you combine Allison’s first name and last name, you get “Alliwells”. So – “Alliwells Court” became one of the new streets in the neighborhood. Our builder did not want to leave Erin out, so she got her own street too: South Erin Drive!

Another example is “Brenner Court” in the Bennett Kiln neighborhood in Vienna. Bet you can’t guess this one. Nope – Brenner is not the builder’s son’s name or even grandson’s name. It’s his DOG’S name! How did that happen? Well, when a builder is developing a neighborhood, he has to submit a list of possible street names to Fairfax County. The County checks the names, rules out duplicates and then issues the street names. In this case, the builder submitted 15 street names and then jokingly said “and if none of those are available, name the street after my dog Brenner“. And so – we have Brenner Court in Vienna.

A third example is “Ceret Court” in Vienna. I’ll bet you didn’t know that “back in the day” Vienna had a Sister City in Ceret, France. How do we know that? Well, one of The Belt Team members was an exchange student from Vienna to Ceret back in 1979. Ceret is a small town just like Vienna and is located in Southern France. You might recognize Pablo Picasso as one of Ceret’s famous inhabitants of the early 20th century.

It’s fun stories like these that are a by-product of being in the real estate business for so many years. And why we love helping our clients buy & sell homes in Northern Virginia. There’s more to real estate than just the numbers. It’s about people, your lives, your families & your dreams. If you need help buying or selling YOUR home, contact The Belt Team at (703) 242-3975. We always provide that something extra that only comes from experience!

Search our state-of-the-art home search site where listings are updated FASTER than other sites. Don’t miss out on a home in today’s HOT market!

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Open House in Oakton – Home For The Holidays!

Stop by our open house at Fox Mill Manor Drive in Oakton and picture yourself all settled in before the New Year! Open Sunday, November 30th from 1 to 4PM.

List Price: $1,065,000

Open House in Oakton Nov 30th

Beautiful brick front colonial on a gorgeous almost acre lot in wonderful Oakton location! Super floor plan. Spacious gourmet kitchen & sun splashed morning room open to the family rooms with vaulted ceilings & gas fireplace AND and walks out to the fantastic private rear deck/patio with fire pit. Four bedrooms up – including a tray ceiling master suite & 2nd master with private bath. Large finished lower level and 3 car garage!

 Price, directions & more photos of 2938 Fox Mill Manor Drive in Oakton

To schedule a showing call Terry Belt & The Belt Team at (703) 242-3975

Search All Oakton Homes For Sale $1,000,000 to $1,200,000

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Fox Mill Manor Drive – Open Sunday, Nov 23rd – Price Improved!

Fabulous Fox Mill Manor Home Open Sunday, November 23rd 1 to 4PM

List Price: $1,065,000 (reduced from $1,125,000!)

 

Oakton Luxury Home For SaleBeautiful brick front colonial on a gorgeous almost acre lot in wonderful Oakton location! Super floor plan. Spacious gourmet kitchen & sun splashed morning room open to the family rooms with vaulted ceilings & gas fireplace AND and walks out to the fantastic private rear deck/patio with fire pit. Four bedrooms up – including a tray ceiling master suite & 2nd master with private bath. Large finished lower level and 3 car garage!

 Price, directions & more photos of 2938 Fox Mill Manor Drive in Oakton

To schedule a showing call Terry Belt & The Belt Team at (703) 242-3975

Search All Oakton Homes For Sale $1,000,000 to $1,200,000

Best Real Estate Agents in Northern VA

Fox Mill Manor Drive – Open November 16th

Fabulous Fox Mill Manor Home On Almost An Acre Open Sunday, 11/16 1-4PM

2938 Fox Mill Manor Dr Oakton Front 2

Beautiful brick front colonial on a gorgeous almost acre lot in wonderful Oakton location! Super floor plan. Spacious gourmet kitchen & sun splashed morning room open to the family rooms with vaulted ceilings & gas fireplace AND and walks out to the fantastic private rear deck/patio with fire pit. Four bedrooms up – including a tray ceiling master suite & 2nd master with private bath. Large finished lower level and 3 car garage!

 Price, directions & more photos of 2938 Fox Mill Manor Drive in Oakton

2938 Fox Mill Manor Dr Oakton Kitchen 2938 Fox Mill Manor Dr Oakton Deck

To schedule a showing call Terry Belt & The Belt Team at (703) 242-3975

Search All Oakton Homes For Sale $1,000,000 to $1,200,000

Best Real Estate Agents in Northern VA

First Time Open House – November 9th – Oakton Luxury Home

Fabulous Fox Mill Manor Home Open Sunday, November 9th 1 to 4PM

List Price: $1,125,000

Luxury Home For Sale in Oakton

Beautiful brick front colonial on a gorgeous almost acre lot in wonderful Oakton location! Super floor plan. Spacious gourmet kitchen & sun splashed morning room open to the family rooms with vaulted ceilings & gas fireplace AND and walks out to the fantastic private rear deck/patio with fire pit. Four bedrooms up – including a tray ceiling master suite & 2nd master with private bath. Large finished lower level and 3 car garage!

 Price, directions & more photos of 2938 Fox Mill Manor Drive in Oakton

To schedule a showing call Terry Belt & The Belt Team at (703) 242-3975

Search All Oakton Homes For Sale $1,000,000 to $1,200,000

Best Real Estate Agents in Northern VA

Just Listed On .63 Gorgeous Acres in Oakton!

We just listed a home in a fabulous close-in Oakton location. It’s on a lovely .63 acre lot – serene and tranquil – yet oh so close to shopping, schools & easy commuting!

Here’s a peek into our new listing at 10406 Adel Road in OaktonOakton Home For Sale Half Acre Plus

Click here for more info, price and additional photos of 10406 Adel Rd in Oakton

Search homes for sale in Oakton under $700,000

Call Terry Belt at (703) 242-3975 to schedule a showing!