February 8, 2012

Vienna Home Sales Stats | Hyper-Local Sept. 2009

caboose 1I know that most of you are bombarded with September 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  is sloshing along trying to maintain a level of normalcy.

If you are a seller with a home priced over $800,000 then you will be excited to read that 4 homes sold (three over $1.0 million!

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 September.

Numbers for 22182: (warning:these aren’t great)

  • Total Units Sold in September 2009, 18 vs. 14 in 2008 (up 28.57%)
  • Average Sold Price in September 2009, $711,278 vs. $660,632 in 2008 (up 7.67%)
  • In the $500,000 to $599,999 range, 4 sold with 16 active listings
  • In the $600,000 to $699,999 range, 6 sold with 19 active listings
  • In the $700,000 to $799,999 range, 1 sold with19 active listings
  • In the $800,000 to $999,999 range, 1 sold with 16 active listings
  • In the $1,000,000 to $2,499,999 range, 4 sold with 55 active listings
  • Average days on market in September 2009 was 84 vs. 48 in 2008
  • The average sold price in September 2009 was 91.36% of the average list price

The statistics for the Town of Vienna, 22180, show a similar trend.

Numbers for 22180:

  • Total Units Sold in September 2009, 24 vs. 25 in 2008 (dpwn 4.00%)
  • Average Sold Price in September 2009, $533,674 vs. $544,580 in 2008 (down 2.00%)
  • In the $400,000 to $449,999 range, 6 sold with 7 active listings
  • In the $450,000 to $499,999 range, 4 sold with 8 active listings
  • In the $500,000 to $599,999 range, 4 sold with 17 active listings
  • In the $600,000 to $799,999 range, 0 sold with 8 active listings
  • In the $800,000 to $999,999 range, 1 sold with 8 active listings
  • In the $1,000,000 to $2,499,999 range, 3 sold of 28 active listings
  • Average days on market in September 2009 was 70vs. 69 in 2008 (up 1.45%)
  • The average sold price in September 2009 was 96.20% of average list price

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