Oak Hill Herndon Real Estate Market Information

The market continues to be very strong for sellers. I put a townhouse on the market this last weekend and the home received 7 contracts and went $20,000 over list price. Pretty much hard to get any house under $450,000 in the 20171 zip code. We had 9 new homes come on the market this week. We have 37 single family homes on the market. The inventory is still staying low. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=79549985767. We had 9 homes sell this week, to see those homes click: http://mrislistings.mris.com/DE.asp?ID=79550026738. Congratulations to all the sellers. Have a great Memorial Day weekend coming up!
Posted by Angela Mitchell, Associate Broker on May 20th, 2018 8:26 AM
The market is definitely in the Holiday Spirit - people are shopping and doing other things. :o). We had 3 new listings come on the market this week and have only 24 single family homes on the market in Oak Hill/Herndon. To see the new listings, click:  http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-402610994-823. We had 2 homes sell this week. Both had been on the market a significant time. To see the sold homes, click:  http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-402611508-35. We are hosting an open on 12506 Chasbarb Terrace this Sunday the 3rd 1-4PM. Come by and check it out. Have a great weekend and enjoy the spirit of the season. 
Posted by Angela Mitchell, Associate Broker on December 2nd, 2017 10:25 AM
Happy week after Labor Day weekend. Summer is over and time to start the Fall Market. Glad to be out of the August doldrums. We had only 3 new listings last week - a lower number is to be expected on a holiday weekend. To see the new listing, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-342695115-412. We should see an influx this weekend of new listings I would expect. We only had 1 house sell last week. To see the home, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-342695371-958. I am putting 3 new listings on this week - 2 of which will be open this Sunday the 11th. 1732 Whitewood Lane, 12204 Heather Way - both of which are in Herndon 20170. Come by 1-4 on Sunday!
Posted by Angela Mitchell, Associate Broker on September 7th, 2016 8:43 AM
Rain go away!! I don't know if it is affecting our market but this week was a a bit of a slow down in the Oak Hill Herndon Real Estate Market. More houses came on the market than sold so the inventory if creeping up. Again, this week for the third week in a row, home over $600,000 got contracts but nothing under $550,000. We had 11 new homes come on the market. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-326618150-17. We had 7 homes sell this week. To see those homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-326618247-925. Have a great week and hopefully the sun will come out and stay.
Posted by Angela Mitchell, Associate Broker on May 21st, 2016 8:34 AM
The market did great again this week. We may start slowing down though. There were less buyers in the open houses this past weekend - that is usually a good indicator of the following week's market. We had 8 new homes come on the market this week. We have 63 single family homes in the inventory in Oak Hill/Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-325647106-669. We had 12 homes sell this past week - terrific. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-325648055-466. Very strange that the market under 550,000 is not moving except for one home that has been on the market 270 days with a $75,000 drop in price. Hopefully, we will see more activity in the lower price ranges this week. Have a great week and enjoy our sun!
Posted by Angela Mitchell, Associate Broker on May 16th, 2016 1:45 PM
Well, the rain may be bad but it apparently did not dampen the real estate market - we had the best week ever. I actually ran the numbers twice to make sure that I was getting the right information. We had 9 new homes come on the market. We have 64 single family homes in Herndon/Oak Hill - down 4 from last week. As you can see the numbers of new listings is finally starting to go down and the inventory is beginning to shrink. To see the new listings, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-324266040-713. The fantastic news is in the number of sales. We had 17 homes sell this week - an amazing number and I am not sure when I have seen the numbers that high. I know we have had 12 in the past and maybe even 15 in a previous Spring market, but 17 is amazing.  Congrats to all the sellers! To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-324266258-374, Have a great week and let the sun come out and stay!
Posted by Angela Mitchell, Associate Broker on May 7th, 2016 9:22 PM
A great week in real estate in the values over 600,000. We had 14 new homes come on the market so they are still coming on in large numbers. I think the most I have seen in any one week in the Spring market was 22. We have 65 single family homes on the market in Oak Hill Herndon. To see those new homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-321814085-781. We had 12 homes sell - which is great - a little less than the new numbers but the net increase will only be 2. To see the sold homes, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-321814267-885. All the homes were listed over 575,000 that received  contracts. There are 13 homes listed under 575,000 did not move. Hopefully we will see some movement in this market this week. Have a great week!
Posted by Angela Mitchell, Associate Broker on April 27th, 2016 9:49 AM
Happy April's Fools Day! The market did good this week - but not as good as the previous weeks. We had another record number of listings come on the market so far for this year - 14 new listings. We had more new listings come on this week and less sell this week - not a good trend. To see the new listings click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-318183184-223.  We did have 8 homes sell this week but last week it was 13. To see the sold listings, click http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-318183405-481. Have a great week and Happy Spring!
Posted by Angela Mitchell, Associate Broker on April 3rd, 2016 8:12 AM
Well, the Spring market for buyers and sellers has come early. We are in full swing. We had 18 new listings come on this week - incredible for before Easter. We now have 52 single family homes on the market in Oak Hill/Herndon - up from 44 last week. The net inventory has increased from 33 in the beginning of the year. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=67384924466. We had 9 homes sell this week - another good sign of the Spring market. Two of them were mine. Again, congrats to my sellers. To see the sold homes, click http://mrislistings.mris.com/DE.asp?ID=67385094964. Have a great weekend end enjoy being outside!
Posted by Angela Mitchell, Associate Broker on March 12th, 2016 11:20 AM
Well, the market was better this week than last but the sales seem to be much slower than two weeks ago. We had 7 new homes come on the market and 39 single family homes on the market in Oak Hill Herndon. Since the sales are not keeping up with the new listings, the inventory is heading up. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=67100741981. We had 4 homes sell this week. Click http://mrislistings.mris.com/DE.asp?ID=67100803921 to see the new homes with contracts. Have a great week and I hope next week picks up.
Posted by Angela Mitchell, Associate Broker on February 26th, 2016 6:27 PM

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