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Vienna Home Sales Stats | Hyper-Local Sept. 2009

By Doug Francis

caboose 1I know that most of you are bombarded with September real estate sales data (it’s in every free paper at my house), but I always like to keep the info simple and “hyper-local”, and the Vienna home market  is sloshing along trying to maintain a level of normalcy.

If you are a seller with a home priced over $800,000 then you will be excited to read that 4 homes sold (three over $1.0 million!

But please know that this information is reported from MRIS which is not guaranteed to be 100% accurate but should be considered pretty darn close.

Keep in mind, mortgage rates were again historically low in September.

Numbers for 22182: (warning:these aren’t great)

  • Total Units Sold in September 2009, 18 vs. 14 in 2008 (up 28.57%)
  • Average Sold Price in September 2009, $711,278 vs. $660,632 in 2008 (up 7.67%)
  • In the $500,000 to $599,999 range, 4 sold with 16 active listings
  • In the $600,000 to $699,999 range, 6 sold with 19 active listings
  • In the $700,000 to $799,999 range, 1 sold with19 active listings
  • In the $800,000 to $999,999 range, 1 sold with 16 active listings
  • In the $1,000,000 to $2,499,999 range, 4 sold with 55 active listings
  • Average days on market in September 2009 was 84 vs. 48 in 2008
  • The average sold price in September 2009 was 91.36% of the average list price

The statistics for the Town of Vienna, 22180, show a similar trend.

Numbers for 22180:

  • Total Units Sold in September 2009, 24 vs. 25 in 2008 (dpwn 4.00%)
  • Average Sold Price in September 2009, $533,674 vs. $544,580 in 2008 (down 2.00%)
  • In the $400,000 to $449,999 range, 6 sold with 7 active listings
  • In the $450,000 to $499,999 range, 4 sold with 8 active listings
  • In the $500,000 to $599,999 range, 4 sold with 17 active listings
  • In the $600,000 to $799,999 range, 0 sold with 8 active listings
  • In the $800,000 to $999,999 range, 1 sold with 8 active listings
  • In the $1,000,000 to $2,499,999 range, 3 sold of 28 active listings
  • Average days on market in September 2009 was 70vs. 69 in 2008 (up 1.45%)
  • The average sold price in September 2009 was 96.20% of average list price

Filed Under: Blog Tagged With: real estate, Vienna, virginia

About Doug Francis

A seasoned Realtor specializing in unique and new homes around Vienna, Virginia, Doug has seen consumer behavior, negotiations and communication styles change. At his original brokerage, he was the first agent to add an email address. Imagine! Outside real estate, he plays tennis, is a Washington Capitals fan, spends time with Skipper (his dog), and enjoys the restaurant scene in the DCA. He's a Boston University graduate who feels morning coffee is non-negotiable.

Vienna real estate agent Doug Francis

When we bought our house in Vienna, we were thinking about raising the kids, building an addition, and knowing the neighbors. Today, home buyers are attracted to Vienna because of the sense of community, walkability, and small town lifestyle.

So, what’s next after your 25 years? It’s a conversation many of my clients are having with me as they plan to move to the beach, travel, or get closer to grandkids. Helping them see their future, sell their current home, and move ahead with their updated plan has been an interesting new chapter.

My background: I am an active licensed agent in Virginia, have negotiated hundreds of sales contracts, work at TTR Sotheby’s International Realty in McLean, and still sell homes in all price ranges. I donate to the Town of Vienna tree replacement fund, participate in a neighborhood citizens association, and try my best to stay in shape.

Let’s discuss your moving plans: Email doug@dougfrancis.com or call me at (703) 304-6827 .  Cheers!

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About Doug Francis

I am a Realtor with TTR Sotheby's International Realty® just outside Washington D.C. in Northern Virginia. I'm licensed in Virginia with a focus on Vienna, VA real estate since 1991.

That deep knowledge is valuable, especially in today's fast-paced market where advice is critical. Although many of my clients are personally referred, I am available to help you too and am accepting new clients right now.

Feel free to contact me at 703-304-6827 or email me at doug@dougfrancis.com anytime!

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