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Oakton Housing Supply Up, Vienna's Is Stable | Business

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Oakton Housing Supply Up, Vienna's Is Stable
Oakton Housing Supply Up, Vienna's Is Stable

Over the past week, Oakton’s housing inventory increased 21% – from 72 homes on the market to 87 homes available. In Vienna, the number of active listings remained about the same as the previous week – with 126 homes for sale as opposed to 124 homes last week.)

What else is happening in the real estate market in Vienna and Oakton?

Despite the rise in home available for sale in Oakton, Oakton remains in a Seller’s Market – with just under 2 months of housing inventory. Vienna’s market is moving even swifter and only 1 month of inventory is available.

Homes are selling quickly. Last week, 65% of the homes that sold in Vienna went under contract in 2 weeks or less. In Oakton, that figure was 67%. The average for both areas was just 20 days!

Here are the rest of this past week’s statistics:

Vienna Real Estate (22180,22181, 22182):

Search Homes For Sale in Vienna

  • Number of Contracts: 31 (up from 22 the prior week)
  • Average Days on Market for Active Listings: 89 days
  • Average Days on Market for Listings That Went Under Contract: 20 days
  • Inventory: 126 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 1.2 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 1 month!

What Is My Vienna Home Worth?

Oakton Real Estate (22124):

Search Homes For Sale in Oakton

  • Number of Contracts: 12
  • Average Days on Market for Active Listings: 85 days
  • Average Days on Market for Listings That Went Under Contract: 20 days
  • Inventory: 87 homes on the market (up from 72 last week!)
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2 months

What Is My Oakton Home Worth?

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