Oak Hill Herndon Real Estate Market Information

The market is doing well under 500,000 - at least from the buyer traffic coming through. The inventory is really getting low now so it will be interesting to see what happens in the next couple of weeks.  We had 4 new homes comes on the market so you can see the number of new homes coming on the market is dwindling. We have 69 single family homes on the market in Oak Hill/Herndon. To see the new homes that came on this week, click http://mrislistings.mris.com/DE.asp?ID=65205552546. We had 6 homes sell this week - one of which was mine. Yay for my sellers. To see the sold homes, click http://mrislistings.mris.com/DE.asp?ID=65205613385. I hope this trend continues so that my other sellers can sell their home in the next couple of weeks. Have a great week! Enjoy the sunshine.
Posted in:Herndon Homes for Sale and tagged: Real Estate
Posted by Angela Mitchell, Associate Broker on October 6th, 2015 3:57 PM
The market did really well this week. We seem to have more buyers looking than we had the previous week.  It still seems to be a strange market to me - the higher price homes are moving better than the less expensive homes. We had 7 new listings come on the market - 3 of which were mine. They were all held open this past Sunday and had good traffic - which is a good sign for the market. Our inventory is back down to 78 single family homes on the market. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-296584797-143. We had 10 homes sell this week - which is great - but 75% were on the market 39 to 182 days. 2945 Fox Mill Road was on the market 182 days. It was originally priced at 875,000. It was lowered eventually to 650,000 and got a contract this week. 3212 Upper Wynnwood was on the market 178 days. It started at 1,050,000 and was lowered to $999,000 when it got a contract so the prices seem softer and the houses are taking price reductions to get sold. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-296584945-576. Have a great week!
Posted in:Herndon Homes for Sale and tagged: Real Estate
Posted by Angela Mitchell, Associate Broker on September 21st, 2015 7:01 PM
The real estate market is ending well for the summer. We had 5 new listings come on the market and 79 single family dwellings on the market in Oak Hill/Herndon. To see the new listings, click http://mrislistings.mris.com/DE.asp?ID=64708320499. The market continues to be stable in numbers of active listings. We had 6 homes sell this week - a great number for the month of August. 1/2 were on the market less than 30 days and 1/2 were on the market over 30 days. To see the sold homes, click http://mrislistings.mris.com/DE.asp?ID=64708397935. Have a great Labor Day weekend and looking forward to seeing what the market does in September. 
Posted in:Herndon Homes for Sale and tagged: Real Estate
Posted by Angela Mitchell, Associate Broker on September 1st, 2015 7:57 PM

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