Oak Hill Herndon Real Estate Market Information

The market continues to do well for sellers. The lower end of the market has gone up significantly in price this year. Houses that were selling in the 425,000 range are not at 475,000 range. We had 10 new homes come on the market this week. To see those homes, clickhttp://mrislistings.mris.com/DE.asp?ID=80021686979. We have 46 single family homes on the market in Oak Hill Herndon. Up a bit from last week. We had 6 homes sell this week. Usually real estate slows down for the summer, but sales has been pretty consistent this year. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?ID=80021777101. Have a great week!
Posted by Angela Mitchell, Associate Broker on June 20th, 2018 3:26 PM
It looks to me that the inventory of single family homes in Oak Hill/ Herndon is not going to substantially increase this Spring Market. It will make it hard for buyers to find their home and prices will continue to be strong and remain a sellers market. By now, we should have seen a substantial increase in net inventory. It also maybe that the weather is still cold and the sellers are waiting till the trees come in. We had only 7 new listings come on the market this week. Other years, we have had over 20 new homes come on the market at this time of the year. We have 41 single family homes on the market in Oak Hill Herndon. To see the new homes, click  http://mrislistings.mris.com/DE.asp?ID=78949903376. We  had 9 homes sell this week which is a good number. To see those listings that got contracts, click  http://mrislistings.mris.com/DE.asp?ID=78949958760. Have a great week!
Posted by Angela Mitchell, Associate Broker on April 16th, 2018 9:12 AM
As we approach the Spring market, we should see of new homes come on the market. Hopefully it will end the shortage of homes in NOVA. We had 5 new homes come on the market in Oak Hill Herndon this week. To see those homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-419952364-462. The inventory is still increasing - we have 39 single family homes on the market. Still a low number but the net is going up. 7 homes sold this week - which is great considering this was Spring Break for our area. Families tend to go out of town this week. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?ID=78684318655. Have a Happy Easter!
Posted by Angela Mitchell, Associate Broker on April 1st, 2018 2:17 PM
The market did a bit better this week. We had 3 new homes come on the market with 43 single family homes for sale in Oak Hill Herndon. To see the new homes, click :
http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-397329455-570. We had 5 homes sell this week - not bad as we enter the Holiday market. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-397329480-859. Have a great week and if you are interested in buying or selling a home, just email or call me. Angela@MitchellHomeGroup.com or 703 201-8650. Have a great day!
Posted by Angela Mitchell, Associate Broker on October 24th, 2017 8:44 AM
The market is slower than it has been but still doing well for well priced homes with lots of updates. We had 6 new homes come on the market this week. To see those homes, click:
 http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-382229617-339. There are 45 single family homes on the market in Oak Hill Herndon. We had 4 sales this week. To these homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-382231409-184. Three of them had been on the market less than 7 days and 1 had been on the market 60 days with several price reductions. Have a great week.
Posted by Angela Mitchell, Associate Broker on July 8th, 2017 11:56 AM
The market was a bit slower this week. We had 4 new homes come on the market this week. We have 20 single family homes on the market in Oak Hill Herndon - inventory will probably remain low till March. It should start slightly increasing each week and then double in the month of April. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916KNcJ&p=DE-357952434-103. We only had 1 home sell this week. To see the home, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-357952474-967. It was on the market a little over a month. Have a great week!
Posted by Angela Mitchell, Associate Broker on January 21st, 2017 8:35 PM
Well, I think this is the first week, that I can remember, that there was not a new listing or a sale for a week. I wish everyone a Happy, Safe and Healthy New Year!!
Posted by Angela Mitchell, Associate Broker on December 31st, 2016 8:21 AM
We are definitely entering into the Holiday Season. There is a lot of rumor out there that interest rates are going to go up - that may be why I had 14 couples through an open house that I held this past Sunday. Those numbers are more like a Spring open house - so we will see if these numbers translate into actual sales. We had 4 new homes come on the market this week. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=65648764737. We have 72 single family homes on the market in Oak Hill/Herndon - sort of where we have been for the last month. We had only 2 homes sell this week. To see those homes, click  http://mrislistings.mris.com/DE.asp?ID=65648787582. Have a great week.

Posted by Angela Mitchell, Associate Broker on November 9th, 2015 12:03 PM
The market was a little slower this week and as a result our net inventory has gone up - not that unexpected for the first week of September. We had 11 new homes come on the market this week - a lot for Fall in one week. We have 85 single family homes on the market in contract to last week in the upper 70s. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=64850859104.  We only had 4 homes get contracts this week. A significant drop from las week. To see the homes with contracts, click   http://mrislistings.mris.com/DE.asp?ID=64850881980. You can see prices dropping and getting softer - which may continue into Fall until next Spring. We will see - hard to predict. Have a great week!
Posted by Angela Mitchell, Associate Broker on September 13th, 2015 10:03 AM
The market continues to do well enough through the month of August so far. We have 6 new homes on the market, but our inventory is down to 80 single family homes on the market in Oak Hill/Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=64381882326. We had 5 homes sell - which is great. My listing on Denmark sold contingent on the sale of the buyer's house - hopefully they will sell their home quickly. Click here to see the sold homes: http://mrislistings.mris.com/DE.asp?ID=64381931785. Have a great week and enjoy this last month of summer!
Posted by Angela Mitchell, Associate Broker on August 10th, 2015 2:00 PM

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