Our network

Vienna Housing Supply Hits New Low | Business

Title (Max 100 Characters)

Vienna Housing Supply Hits New Low
Vienna Housing Supply Hits New Low

Sales in the Vienna and Oakton market remain brisk, and as a result Vienna’s housing supply has dropped to a new 2013 record low of less than 1 month. (We have not seen this in MANY years!) There are currently 125 homes on the market in Vienna. And in the past 30 days, 127 homes have gone under contract. Yikes!

Oakton’s inventory is also low, but seems to be inching up slowly. With a rise in inventory of 13% since last week, there are now 71 homes for sale. This is the highest we have seen in Oakton since last October.

Here’s what else happened last week:

Vienna Real Estate (22180,22181, 22182):

Search Homes For Sale in Vienna

  • Number of Contracts: 26
  • Average Days on Market for Active Listings: 89 days
  • Average Days on Market for Listings That Went Under Contract: 52 days
  • Inventory: 125 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 1.3 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): Less than 1 month!

 

What Is My Vienna Home Worth?

 

Last week in Oakton Real Estate (22124):

Search Homes For Sale in Oakton

  • Number of Contracts: 12
  • Average Days on Market for Active Listings: 94 days
  • Average Days on Market for Listings That Went Under Contract: 16 days
  • Inventory: 71 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 1.7 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 1.4  months

 

What Is My Oakton Home Worth?

The Belt Team's mission is “Changing Lives For The Better – One Family At A Time!”