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I know that most of you are bombarded with October 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 had a real spike in the Town of Vienna zip code 22180.
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 October.
Home sales numbers for 22182 in October 2009:
- Total Units Sold in October 2009, 22 vs. 16 in 2008 (up 37.50%)
- Average Sold Price in October 2009, $779,113 vs. $886,638 in 2008 (down12.13%)
- In the $500,000 to $599,999 range, 5 sold with 14 active listings
- In the $600,000 to $699,999 range, 5 sold with 15 active listings
- In the $700,000 to $799,999 range, 1 sold with20 active listings
- In the $800,000 to $999,999 range, 2 sold with 15 active listings
- In the $1,000,000 to $2,499,999 range, 6 sold with 50 active listings
- Average days on market in October 2009 was 76 vs. 107 in 2008
- The average sold price in October 2009 was 95.44% of the average list price
Some new homes under construction for a while closed this month.
Home sale numbers for the Town of Vienna, 22180, October 2009
- Total Units Sold in October 2009, 26 vs. 15 in 2008 (up 73.33%)
- Average Sold Price in October 2009, $604,879 vs. $479,060 in 2008 (up 26.26%)
- In the $400,000 to $449,999 range, 2 sold with 10 active listings
- In the $450,000 to $499,999 range, 2 sold with 5 active listings
- In the $500,000 to $599,999 range, 5 sold with 18 active listings
- In the $600,000 to $799,999 range, 2 sold with 15 active listings
- In the $800,000 to $999,999 range, 4 sold with 11 active listings
- In the $1,000,000 to $2,499,999 range, 3 sold of 22 active listings
- Average days on market in October 2009 was 103 vs. 75 in 2008 (up 37.33%)
- The average sold price in October 2009 was 96.20% of average list price
See last month’s home sales numbers here…
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