With all you read about the housing market, buying a Vienna home in 22182 appears to be a better bet right now. But if you are a seller with a home priced over $800,000 then you will be sobered. I just looked over resale data from MRIS of the Vienna zip codes ( 22180-22182) for the month of May, and the biggest gains seem to be in the 22182 zip code again… looking at the number of sales. 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.
Numbers for 22182:
- Total Units Sold in May 2009, 25 vs. 17 in 2008 (up 47%)
- Average Sold Price in May 2009, $672,560 vs. $846,776 in 2008 (down 20.57%)
- In the $500,000 to $599,999 range, 7 sold of 18 active listings
- In the $600,000 to $699,999 range, 6 sold of 31 active listings
- In the $700,000 to $799,999 range, 5 sold of 18 active listings
- In the $800,000 to $999,999 range, 0 sold of 23 active listings
- In the $1,000,000 to $2,499,999 range, 3 sold of 55 active listings
- Average days on market in April 2009 is 70 vs. 114 in 2008
- The average sold price in April 2009 was 93.91% of average list price
The statistics for the Town of Vienna, 22180, reflected sharply contrasting numbers.
Numbers for 22180:
- Total Units Sold in May 2009, 23 vs. 26 in 2008 (down 11.54%)
- Average Sold Price in May 2009, $520,835 vs. $566,265 in 2008 (down 8.02%)
- In the $400,000 to $449,999 range, 3 sold of 14 active listings
- In the $450,000 to $499,999 range, 7 sold of 11 active listings
- In the $500,000 to $599,999 range, 2 sold of 21 active listings
- In the $600,000 to $799,999 range, 0 sold of 16 active listings
- In the $800,000 to $899,999 range, 0 sold of 10 active listings
- In the $1,000,000 to $2,499,999 range, 2 sold of 43 active listings
- Average days on market in April 2009 is 134 vs. 68 in 2008 (up 97.06%)
- The average sold price in April 2009 was 92.90% of average list price
