I 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
