Oak Hill Herndon Real Estate Market Information

A great week in real estate. The Spring market looks to have started in earnest and a little early. This type of activity usually starts after Easter. We had 11 new listings come on the market this week - which is starting to be a substantial number. Buyers have more to pick from. We have 44 single family homes on the market in Oak Hill/Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=67243883998. We had 8 homes sell this week - fantastic! To see the sold homes, click http://mrislistings.mris.com/DE.asp?ID=67244048682. I had 2 homes out of the 8 homes that got contracts this week  - so I have some happy sellers. Congrats to them both for pricing their homes to sell and getting them in the right condition - both sellers worked really hard - it was not luck. Have a great week and enjoy the warmer temps. 
Posted in:General
Posted by Angela Mitchell, Associate Broker on March 5th, 2016 9:00 AM
Our inventory is shrinking as we get into the full swing of the Holidays. The market is slow and we will probably not see buyers until January or February. We had one new listing this week and 42 single family homes on the market in Oak Hill/Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-259792715-390. We had 4 homes sell. All of the homes had been on the market for over 60 days. To see those homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-259792778-616. Have a great week!
Posted in:General and tagged: HerndonOak HillReal Estate
Posted by Angela Mitchell, Associate Broker on November 17th, 2014 5:00 PM
The market did well this week but if you look behind the numbers, you can see significant price drops in order for the sellers to sell their homes. We had 5 new homes come on the market this week and have 61 single family homes on the market in Oak Hill Herndon. To see the new homes, click
http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-257440305-135. We had 7 homes sell this week - a terrific number for this time of the year. To see the sold homes click, http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-257440367-541. If you look at the original list price to list price when these homes received contracts - there was a marked decrease in price except for one - 13243 Stoneheather- which was only on the market 6 days. 13190 Ladybank went from $585,000 to $499,999 when it got a contract. 12217 Bennett Road went from $750,000 to $679,900.  Pricing is crucial in this market. Have a great day!
Posted in:General
Posted by Angela Mitchell, Associate Broker on October 27th, 2014 9:05 AM
The market did better this week, but the traffic through houses is still slow - not many showings. There are 64 houses on the market in Oak Hill Herndon. There were 10 new listings. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-256496194-684. One was a reissued listing and the rest were new to the market. We had 6 sales this week. 3 of them were new listings and 3 were older listings with substantial price adjustments. To see the houses that sold, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-256497327-806. The numbers were still good and hopefully we will be able to keep the number of weekly sales between 4 and 6 each week. Have a great weekend!
Posted in:General
Posted by Angela Mitchell, Associate Broker on October 18th, 2014 10:32 AM
We had a fairly slow week - sort of expected, as we head into the Holiday season. We had 8 new homes come on the market this week. We have 64 single family homes on the market in Oak Hill/Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-255708420-44. We only had 2 homes sell this week. Hopefully, next week we will see more homes sell. If not, our inventory will begin to climb and as we get into November, sellers will stop putting their homes on the market - so the inventory will begin to shrink till January. Have a great week.To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-255708819-758
Posted in:General
Posted by Angela Mitchell, Associate Broker on October 14th, 2014 10:09 AM
The market came back slightly this week with more sales. We had 9 new homes come on the market - 4 of which were reissued homes. You will see more reissued homes when the market is not doing well - agents reissue in order to try to get more interest on their properties when they have not been selling. We have 59 single family homes on the market - up from last week. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-254725549-2. We had 4 homes sell this week. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-254726291-274. Happy Fall!
Posted in:General
Posted by Angela Mitchell, Associate Broker on October 6th, 2014 7:19 AM
The market is selling but it is slow. Well priced homes with great prices are selling. Others are on the market and continue to get price reductions. The inventory is starting to shrink. We have 55 single family homes on the market in Oak Hill/Herndon. We had 5 new homes come on the market this week. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-254415128-921. We only had one house sell this week. To see that home, clickhttp://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-254415558-914. I am seeing homes sell but this particular week seems to have been slow. It should be better this week. Have a great week!
Posted in:General
Posted by Angela Mitchell, Associate Broker on October 1st, 2014 2:35 PM
The market was sort of slow this week. We had 7 new listings come on the market this week and we have 65 single family homes on the market in Oak Hill Herndon. The inventory is slightly up from last week. To see the new listings, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-253177538-34. We only had 2 homes sell this week. Both of these listings were on the market less than 10 days. To see the homes that sold this week, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-253177693-348. Have a great week!
Posted in:General
Posted by Angela Mitchell, Associate Broker on September 21st, 2014 10:23 AM
There market still appears to be moving slower. Some listings are getting a decent amount of showings - 2 to 3 showings per week. Others are getting 1 person per week. Pricing and condition are paramount right now. We had 10 new listings this week in Oak Hill/Herndon. Of the 10, 7 were new to the market and 3 were reissued listings at lower prices. We have 61 single family homes for sale. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-252301562-934. We had 4 homes sell this week. 3 of them were on the market a significant time with price changes. To see the homes that sold, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-252301667-940. Have a great week!
Posted in:General
Posted by Angela Mitchell, Associate Broker on September 16th, 2014 3:26 PM
The fall market is here! There seems to be more buyers out there than this summer and the inventory is starting to increase as sellers put their homes on the market after having waited out this summer. There were 12 new homes that came on the market this week - an increase over the last couple of months. There are 63 single family homes on the market in Oak Hill Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-251280583-796. We had 5 homes sell this week. You can see by the number of days on the market that time on market has increased significantly. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-251280607-19. I have lots of open houses this week - check them out. Have a great week!
Posted in:General
Posted by Angela Mitchell, Associate Broker on September 7th, 2014 9:55 AM

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