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
We are entering into the worst real estate month of the year - August - everybody is at the beach and moms and dads are getting their kids ready for school and college.  July was actually not too bad. We had 5 new homes come on the market this week. We have 82 single family homes in the Oak Hill/Herndon market for sale - which is good - no increase from last week. To see the 5 new homes, click http://mrislistings.mris.com/DE.asp?ID=64243973442. We had 5 homes sell last week - which is pretty good for this time of the year. To see the sold homes, click http://mrislistings.mris.com/DE.asp?ID=64243997626. Have a great week!
Posted by Angela Mitchell, Associate Broker on July 31st, 2015 9:56 PM
The market is seems to be slowing down for number of new listings coming on the market and the inventory is back in the 80s. Homes are taking longer to sell - so a tougher market for sellers. The market is leaning towards a Buyer's Market. The homes that sold this week were on the market over 3 weeks and all had price reductions. We had 7 new homes come on the market this week and the inventory is at 87 homes on the market in Oak Hill/Herndon. To see the new homes, click  http://mrislistings.mris.com/DE.asp?ID=63710427414. We had 8 homes sell - more than what came on the market - which is good. To see the sold homes, click  http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=63710462916. Enjoy your week!
Posted by Angela Mitchell, Associate Broker on June 27th, 2015 10:30 AM

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