Oak Hill Herndon Real Estate Market Information

Click out this link to get the latest on the homes that sold in August in Oak Hill Herndon. The market continues to be strong and it is a good time to sell. Sellers still need to spruce of their homes to get them to sell quickly. It will be interesting if Amazon HQ2 decides that Northern Virginia is their new home. I would think buyers will have a hard time finding houses. 
Oak Hill Herndon Sold Homes for August

Posted by Angela Mitchell, Associate Broker on September 7th, 2018 12:30 PM
The market is starting to get in high gear for Spring. The net inventory numbers are going up so that may change the balance of sellers and buyers. There has been a shortage of inventory and a lot of buyers. We had 9 new listings come on the market this week. We have 32 single family homes on the market - about double what it was three weeks ago. To see the new homes, click: http://mrislistings.mris.com/DE.asp?ID=78313602950. We had 6 homes sell this week. So you can see the number of sold listings is less than the new listings coming on the market, which results in a net increase of active listings on the market. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?ID=78313727979. Have a great week!
Posted by Angela Mitchell, Associate Broker on March 12th, 2018 1:38 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 inventory continues to shrink and sales are still good for the beginning of the Holidays. It seems that we will have a good spring this year. We had 2 new listings come on the market this week. We only have 32 single family homes on the market in Oak Hill Herndon. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-400310331-680. We had 6 homes sell this week - which is great. The houses are staying on the market longer. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-400310527-115.  
Posted by Angela Mitchell, Associate Broker on November 14th, 2017 3:41 PM
The market continues to do well and houses that are well priced and show well are getting multiple contracts. It has been a very busy week. We have 10 new homes in Herndon Oak Hill that came on the market this week. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-371558544-307. Our inventory remains in the 40s which is low compared to passed years at this point in the Spring season. We should be more in the 60s. We had 9 home sell this week - another great week. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-371559231-690. Congratulations to my two sellers on Wildmere and Pinecrest. Great job of getting your home on the market.
Posted by Angela Mitchell, Associate Broker on April 29th, 2017 7:24 AM
A little bit different market this year. I guess it is because Easter was late. Most of the listings came on in late March and early April. We usually have a huge influx of listings the weekend after Easter and for the next two weeks. At that point, it starts dwindling down. Well, this year, most of the new listings came on the market earlier than Easter, the inventory did not substantially increase and now we seem to be getting fewer new listings coming on. The house prices over all got stronger but did not significantly go up. We only had 5 new listings come on the market this weekend and we have 42 single family dwellings in Oak Hill/Herndon. To see the new listings, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-370382768-977. We have an Open House today on my new listing on 12616 Pinecrest. Well priced at $450,000, shows well  - a difficult price range to find homes in. We had 12 homes sell this week - a great week and a reason why the inventory is not increasing. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-370384332-475. Have a great week and stay dry. Ralph Forsht will be hosting the open house - hope to see at our open house today. 
Posted by Angela Mitchell, Associate Broker on April 23rd, 2017 9:32 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 getting in the swing of Spring. Flowers and Trees are starting to bloom and sellers are sprucing their homes up getting them ready to sell. There are rumors that interest rates will go up so this is starting to create an early Spring market. We had 10 new homes come on the market. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-363194108-737. We had 3 homes sell: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-363195616-656. Starting to look like Spring has sprung. Have a great week and enjoy!
Posted by Angela Mitchell, Associate Broker on March 4th, 2017 8:34 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 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

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