Oak Hill Herndon Real Estate Market Information

The market did well in the upper 500s this week. It looks like September will be a good month with interest rates below 4%. We had 8 new homes come on the market this week. We have 55 single family homes on the market in Herndon Oak Hill. To see the new homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-343164992-569. We had 5 homes sell this week - which is great. 5 of the 6 were in the 500s. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-343165348-132. Most of the houses, but 2, were on the market over 30 days. So the market is definitely slower and taking longer with price reductions to get the homes sold. Your home can sell with the right condition and price - just have to find that invisible line. Have a great week!
Posted by Angela Mitchell, Associate Broker on September 12th, 2016 9:12 AM

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