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Vienna, VA Home Sales Stats | Hyper Local March 2010

April 12, 2010 By Doug Francis

Lion Roaring
Image by lukiffer via Flickr

March came roaring in like a lion in the real estate market as buyers literally surged in once the snow melted and the sun started to shine making our world green again, so next month’s numbers will be impressive.

The driving part of the surge was buyers at the lower end buying homes that allowed people to move up to larger homes in these zip codes. The $8,000 first time buyer credit pushed the move-up buyer who could get a credit up to $6,500 when they entered into a contract by April 30th and settle by the end of June.

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 still super low (around 5%).

Home sales numbers for 22182 in March 2010:

  • Total Units Sold in March 2010, 28 vs. 15 in 2009 (up 86.67%)
  • Average Sold Price in March 2010, $792,644 vs. $783,446 in 2009 (up 1.17%)
  • In the $500,000 to $599,999 range, 5 sold with 15 active listings
  • In the $600,000 to $699,999 range, 7 sold with 30 active listings
  • In the $700,000 to $799,999 range, 6 sold with 16 active listings
  • In the $800,000 to $999,999 range, 4 sold with 17 active listings
  • In the $1,000,000 to $2,499,999 range, 4 sold with 41 active listings
  • Average days on market in March 2010 was 55 vs. 124 in 2009
  • The average sold price in March 2010 was 92.47% of the average list price

Spring did arrive early in March this year!.

Home sale numbers for the Town of Vienna, 22180, March 2010

  • Total Units Sold in March 2010, 13 vs. 13 in 2009 (um, no change)
  • Average Sold Price in March 2010, $551,431 vs. $614,877 in 2009 (down 10.32%)
  • In the $400,000 to $449,999 range, 2 sold with 12 active listings
  • In the $450,000 to $499,999 range, 2 sold with 15 active listings
  • In the $500,000 to $599,999 range, 4 sold with 21 active listings
  • In the $600,000 to $799,999 range, 1 sold with 17 active listings
  • In the $800,000 to $999,999 range, 1 sold with 7 active listings
  • In the $1,000,000 to $2,499,999 range, 1 sold of 24 active listings
  • Average days on market in March 2010 was 111 vs. 125 in 2009 (down 11.20%)
  • The average sold price in March 2010 was 90.10% of average list price
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Filed Under: Blog Tagged With: buyer agent, Northern Virginia, real estate, seller, Vienna, virginia

About Doug Francis

A Realtor specializing in unique and new homes around Vienna, Virginia, Doug started writing a first-hand blog about his everyday real estate experiences a decade ago. In depth, helpful and fun has always been the objective. Outside real estate, he was profiled in a commercial for Verisign's "Where the World Clicks" campaign, and was quoted in Money Magazine's Best Places to Live article on Vienna. He's a Boston University graduate who feels morning coffee is non-negotiable.

Being able to guide my clients through many real estate sales, either moving out, moving in, or just across town, has been a rewarding experience that helps when discussing a plan with a future client.

Being able to help them focus and understand our proven sales plan always eases their anxiety of this looming personal task. And, putting it into bite-sized steps always helps them get where they really want to be.

My background… I’ve been an active licensed agent in Virginia for 25 years, work at TTR Sotheby’s International Realty in McLean, and sell homes in all price ranges. I donate to the town tree replacement fund, participate in a neighborhood citizens association, and try my best to stay in shape.

Questions? Email doug@dougfrancis.com or call me at (703) 304-6827 to discuss your plans. Cheers!

Filmed in Vienna and McLean

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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 have been a full-time Realtor licensed in Virginia since 1991, and cover a big territory specializing in the Vienna real estate market and custom homes for sale.

I have unique knowledge of digital real estate marketing, and my marketing starts here. My elite clientele has been attracted to my results-oriented strategy for years, and I am accepting new clients now.

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