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Blog Post: Vienna Sales Still Swift, Oakton Somewhat Slower

Two weeks ago, home sales in Vienna soared. What has happened this past week?

If you follow our Vienna Oakton Real Estate Blog, you know that two weeks ago, sales in Vienna soared. This past week, sales were still fairly swift; but they slowed somewhat in Oakton. While Vienna has moved back into a Seller's Market (due to a jump in sales, but no corresponding jump in inventory), Oakton's market remains Balanced. Here are the stats:

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

  • Number of Contracts: 17 (down from 19 last week, but up from 6 the previous week)
  • Average Days on Market for Active Listings: 131 days
  • Average Days on Market for Listings That Went Under Contract: 82 days
  • Inventory: 113 homes on the market (down from 115 last week)
  • 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): 2.3 months

 

What Is My Vienna Home Worth?

Search Homes For Sale in Vienna


Last week in
Oakton Real Estate (22124):

  • Number of Contracts: 1 (down from 3 each of the past 3 weeks)
  • Average Days on Market for Active Listings: 118 days
  • Average Days on Market for Listings That Went Under Contract: 14 days
  • Inventory: 53 homes on the market (up from 49 last week & up from 46 on Jan 2nd)
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.8 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 3.8 months

 

What Is My Oakton Home Worth?

Search Homes For Sale in Oakton

More information at www.TheBeltTeam.com

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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