Oak Hill Herndon Real Estate Market Information

The market continues to be very hot. Well priced houses that show well are getting multiple contracts. We had 7 new homes come on the market this week and the inventory, as of today, is 20 single family homes in Oak Hill Herndon. The net is up but I think it may be up because sellers are having to negotiate several contracts and it takes a few days to get them ratified. Click here to view the new homes this week, http://mrislistings.mris.com/DE.asp?ID=78091799228. Two of the new ones are my new listings on Huntington and Monterey Estates. Congrats to both owners for working so hard to get their houses on the market. It is time for the houses to sell themselves not. We had 6 homes sell this week. To see the sold homes, click  http://mrislistings.mris.com/DE.asp?ID=78091897163. Congrats to my seller on Lyme Bay and all the work they did to get their home sold. If you need any advice on what to do to sell your home, just call me at 703 201-8650. I am happy to give free advice and guidance. :o)
Posted by Angela Mitchell, Associate Broker on February 26th, 2018 4:03 PM
Happy Holidays! Our inventory is at its's lowest for the year. We have only 14 homes for sale in Oak Hill/Herndon. I am not sure that I have ever seen the invenmtory so low. One new listing came on the market this past week. To see this week's new home, click http://mrislistings.mris.com/DE.asp?ID=77179460882. We had 3 homes sell this week, which is pretty amazing. Congrats to my seller on Chasbarb Terrace - a great Christmas gift. To see the 3 sold homes click: http://mrislistings.mris.com/DE.asp?ID=77179729829. Happy New Year!! 
Posted by Angela Mitchell, Associate Broker on December 26th, 2017 3:43 PM
The market is almost through summer. Overall, I think it has been a good summer market. There have been some hard to sell houses due to condition and price, but the ones in great shape have had multiple contracts. We had 3 new homes come on the market this past week and have 53 single family homes on the market in Oak Hill/Herndon. The inventory has remained pretty stable this whole year so far. To see the new homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-389587875-397. We had 5 homes sell this week. Most of the homes were on the market less than 30 days. If you are on the market over 60/90 days, you should come off the market for 90 days and let your MRIS time clock go back to 0 days on market. Buyers are suspicious when the house is on the market and not sold in 30 to 60 days. It seems strange but it is because most houses sell in 30 days. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-389588129-307. Have a great end of summer Holiday weekend - Labor Day!
Posted by Angela Mitchell, Associate Broker on August 29th, 2017 9:06 AM
The market continues to wind down for the summer. We had 7 new listings come on the market this week and 54 single family homes on the market in Oak Hill Herndon. To see the new listings, click: http://mrislistings.mris.com/DE.asp?k=524916KNcJ&p=DE-387708960-497. We had 4 homes sell this week - not bad for the end of summer. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-387711305-550. Have a great week and enjoy the last few weeks of summer and get ready for the start of the new school year. 
Posted by Angela Mitchell, Associate Broker on August 15th, 2017 5:41 PM
I think the market may be in a in between stage - shifting from a sellers market to a buyers market. I held three open houses this weekend and in all of them, I  had a minimum of number of people through. One of the homes usually has 20 plus people through, so not sure what happened this weekend. We had a great week last week for sales but the inventory is creeping up. You can see more signs are popping up notice in the neighborhoods. We had 13 new listings come on the market and a net of 59 single family homes for sale in Oak Hill Herndon - one away from netting in the 60s. We have not been in the 60s all year. I would think Memorial Day weekend would be a slow weekend but it will be interesting to see what the first week of June does. To see the new listings, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-375177694-703. We had  a great week in sales - 12 homes sold. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-375177990-573.
Enjoy your Memorial Day Weekend!
Posted by Angela Mitchell, Associate Broker on May 22nd, 2017 8:53 AM
The market continues to zip as we get closer to the end of the Spring market and into the Summer market. We usually slow down as graduations come up, kids are having their last days of school and parents are planning summer vacations. We had 14 new listings this week - a very strong number and we have 53 single family homes on the market in Oak Hill Herndon. A bit higher than the last week's net.  We don't seem like we are going to get into the 60s or 70s this Spring.  To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916KNcJ&p=DE-374085658-116. We had 9 homes sell this week. Congrats to my seller on Horton Hill - the Haiders. Sold in 3 days. Another strong week in sales. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916KNcJ&p=DE-374086236-482. Have a great week and I hope every mom out there enjoyed their special day!
Posted by Angela Mitchell, Associate Broker on May 15th, 2017 3:30 PM
The market did well the week before Easter. We had 2 new homes come on the market. We have 46 single family homes on the market in Oak Hill Herndon - a drop from last week. To see those homes, click  http://mrislistings.mris.com/DE.asp?k=524916KNcJ&p=DE-369730020-912. We had 12 homes sell this week - the best week so far this year. To see the sold homes, click  http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-369731699-175. I hope you had a terrific Easter!
Posted by Angela Mitchell, Associate Broker on April 18th, 2017 9:08 AM
I feel like the market is sending out mixed signals. We had a good week but I am hearing that some of the open houses last week had less than great traffic. I am not seeing as much traffic go through the listings as I did a week ago - might be the cold and rainy weather. Hopefully, that is it and our Spring market will remain strong. We had 9 new listings come on the market in Oak Hill Herndon this past week. We have 49 single family homes on the market in Oak Hill so the inventory is increasing - which means more houses are coming on than are selling - sort of supports what we saw in the open houses this past weekend. To see the new houses, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-367257081-921. We had 7 homes sell this week. Congrats to my sellers on Viking - the Elliotts. They worked hard to get their home in tip top shape for the market and they were paid back for their efforts. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-367258535-110.  Homes that need work are still struggling with price drops to get sold. Homes that are in the best of shape and well priced are getting multiple contracts and are coming off the market in a few days. Have a great week and I hope we see the sun soon.
Posted by Angela Mitchell, Associate Broker on April 1st, 2017 9:04 AM
The market is hot but this week the figures don't show it. I think a lot of it may have to do with not having much inventory. We had 3 new homes come on the market and 21 single family homes in Oak Hill Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-359087661-91. We had 2 homes sell this week - one was a new listing and one was on the market 107 days. To see the homes that sold this week, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-359087661-91. Have a great week and enjoy what each day brings!
Posted by Angela Mitchell, Associate Broker on February 1st, 2017 8:37 AM
The market seems to be heating up. The inventory is at an all time low. We had 3 new homes come on the market in Oak Hill Herndon. We have only 20 single family homes on the market this week. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-357190998-895. We had 5 homes sell this week. Really great for the second week of January. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-357191299-759. Congratulations to my sellers, Joe and Maureen Jender for getting a contract on their home on John Milton. Really looking forward to seeing what the Spring market brings in 2017!
Posted by Angela Mitchell, Associate Broker on January 14th, 2017 11:37 AM

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