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Vienna Homes Selling at 98% of List Price | Business

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Vienna Homes Selling at 98% of List Price
Vienna Homes Selling at 98% of List Price

November sales numbers are posted and you may be surprised to see that sales in many areas did NOT slow for the Thanksgiving Holiday! Less home showings may be ocurring, but the Buyers who are looking are SERIOUS!

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Here’s what happened in a variety of Northern Virginia Markets in November:

Vienna

  • # Contracts: 44
  • % Sold in Two Weeks or Less: 48%
  • Avg Days on Market (Homes Under Contract): 40 days
  • Avg Sold Price (Settled Homes):$714,436
  • Sold Price as % of Original List Price (Settled Homes): 98.01%
  • # Homes On The Market Today: 135
  • Avg Days on Market (Active Listings): 126 days

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Reston

  • # Contracts: 81
  • % Sold in Two Weeks or Less: 27%
  • Avg Days on Market (Homes Under Contract): 45 days
  • Avg Sold Price (Settled Homes):$434,193
  • Sold Price as % of Original List Price (Settled Homes): 97.48%
  • # Homes On The Market Today:121
  • Avg Days on Market (Active Listings): 63 days

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Oakton

  • # Contracts: 27
  • % Sold in Two Weeks or Less: 22%
  • Avg Days on Market (Homes Under Contract): 98 days
  • Avg Sold Price (Settled Homes): $663,476
  • Sold Price as % of Original List Price (Settled Homes): 95.11%
  • # Homes On The Market Today: 58 (lowest point since March!)
  • Avg Days on Market (Active Listings): 126 days

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McLean

  • # Contracts: 46
  • % Sold in Two Weeks or Less: 28%
  • Avg Days on Market (Homes Under Contract): 100 days
  • Avg Sold Price (Settled Homes):$958,194
  • Sold Price as % of Original List Price (Settled Homes): 93.51%
  • # Homes On The Market Today: 183
  • Avg Days on Market (Active Listings):158 days

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Great Falls

  • # Contracts: 15
  • % Sold in Two Weeks or Less: 20%
  • Avg Days on Market (Homes Under Contract): 96 days
  • Avg Sold Price (Settled Homes):$1,061,227
  • Sold Price as % of Original List Price (Settled Homes): 93.04%
  • # Homes On The Market Today: 116
  • Avg Days on Market (Active Listings): 243 days

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Falls Church

  • # Contracts: 104
  • % Sold in Two Weeks or Less: 47%
  • Avg Days on Market (Homes Under Contract): 38 days
  • Avg Sold Price (Settled Homes):$545,171
  • Sold Price as % of Original List Price (Settled Homes): 99.6% <<<<WOW!
  • # Homes On The Market Today: 173
  • Avg Days on Market (Active Listings): 74 days

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Fairfax

  • # Contracts: 112
  • % Sold in Two Weeks or Less: 36%
  • Avg Days on Market (Homes Under Contract): 45 days
  • Avg Sold Price (Settled Homes):$468,174
  • Sold Price as % of Original List Price (Settled Homes): 99.88% <<<<WOW!
  • # Homes On The Market Today: 252
  • Avg Days on Market (Active Listings): 80 days

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Arlington

  • # Contracts: 219
  • % Sold in Two Weeks or Less: 39%
  • Avg Days on Market (Homes Under Contract): 44 days
  • Avg Sold Price (Settled Homes):$548,016
  • Sold Price as % of Original List Price (Settled Homes): 97.21%
  • # Homes On The Market Today: 391
  • Avg Days on Market (Active Listings): 87 days

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Alexandria

  • # Contracts: 354
  • % Sold in Two Weeks or Less: 30%
  • Avg Days on Market (Homes Under Contract): 55 days
  • Avg Sold Price (Settled Homes):$479,858
  • Sold Price as % of Original List Price (Settled Homes): 99.28% <<<<WOW!
  • # Homes On The Market Today: 837
  • Avg Days on Market (Active Listings): 98 days

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