For The Engineers In Our Audience . . .What Happened in Vienna Oakton Real Estate in May

For the engineers in our reading audience . . . here’s a DETAILED look at what happened in Vienna Oakton Real Estate in May:

Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics – <$100K to >$5M Format

ZIP Code: 22181 Vienna, VA
From: 05/01/2009 to 05/31/2009                Statistics generated on: 06/08/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop

Ground
Rent

Residential
  

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

0

0

0

0

0

1 -30 Days

13

$100,000 – 149,999

0

0

0

1

0

0

0

0

31-60 Days

1

$150,000 – 199,999

0

0

0

1

0

0

2

0

61 – 90 Days

3

$200,000 – 249,999

0

0

0

1

0

0

4

0

91-120 Days

2

$250,000 – 299,999

0

0

0

0

0

1

2

0

Over 120 Days

5

$300,000 – 349,999

0

0

1

2

0

3

1

0

Total

24

$350,000 – 399,999

0

0

0

0

0

3

5

0

$400,000 – 449,999

0

0

0

0

0

3

0

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 – 499,999

0

1

2

0

0

6

0

0

$500,000 – 599,999

0

2

2

1

0

10

0

0

Conventional

16

$600,000 – 699,999

0

0

4

0

0

12

0

0

FHA

4

$700,000 – 799,999

0

0

3

0

0

9

0

0

VA

1

$800,000 – 899,999

0

0

2

0

0

11

0

0

Assumption

3

$900,000 – 999,999

0

0

0

0

0

3

0

0

Cash

0

$1,000,000 – 2,499,999

0

0

1

0

0

17

0

0

Owner Finance

0

$2,500,000 – 4,999,999

0

0

0

0

0

1

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

3

15

6

0

79

14

0

Total

24

Grand Totals

24 93

   2009    2008    % Change
Total Sold Dollar Volume: $ 13,304,800 $ 14,479,900 – 8.12 %
Average Sold Price: $ 554,367 $ 603,329 – 8.12 %
Median Sold Price: $ 557,500 $ 572,500 – 2.62 %
Total Units Sold: 24 24 0.00 %
Average Days on Market: 75 58 29.31 %
Average List Price for Solds: $ 587,321 $ 632,396 – 7.13 %
Avg Sale Price as a
percentage of Avg List Price:
94.39 % 95.40 %
Total NEW listings: 33
Total Properties Marked Contract: 11
Total Properties Marked Contingent Contract: 18
Total NEW pendings (Contracts + Contingents): 29

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.


Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22180 Vienna, VA
From: 05/01/2009 to 05/31/2009                Statistics generated on: 06/08/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop

Ground
Rent

Residential
  

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

0

0

0

0

0

1 -30 Days

10

$100,000 – 149,999

0

0

0

0

0

0

0

0

31-60 Days

4

$150,000 – 199,999

0

0

0

0

0

0

4

0

61 – 90 Days

1

$200,000 – 249,999

0

0

0

0

0

0

7

0

91-120 Days

1

$250,000 – 299,999

0

0

0

0

0

0

4

0

Over 120 Days

7

$300,000 – 349,999

0

0

0

0

0

0

4

0

Total

23

$350,000 – 399,999

0

4

2

2

0

5

5

0

$400,000 – 449,999

0

2

1

0

0

14

0

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 – 499,999

0

4

3

0

0

11

0

0

$500,000 – 599,999

0

0

2

0

0

21

0

0

Conventional

16

$600,000 – 699,999

0

0

0

0

0

15

0

0

FHA

2

$700,000 – 799,999

0

0

0

0

0

1

0

0

VA

4

$800,000 – 899,999

0

0

0

0

0

10

0

0

Assumption

0

$900,000 – 999,999

0

1

0

0

0

4

0

0

Cash

1

$1,000,000 – 2,499,999

0

0

2

0

0

43

0

0

Owner Finance

0

$2,500,000 – 4,999,999

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

11

10

2

0

124

24

0

Total

23

Grand Totals

23 148

   2009    2008    % Change
Total Sold Dollar Volume: $ 11,979,200 $ 14,722,900 – 18.64 %
Average Sold Price: $ 520,835 $ 566,265 – 8.02 %
Median Sold Price: $ 450,000 $ 529,950 – 15.09 %
Total Units Sold: 23 26 – 11.54 %
Average Days on Market: 134 68 97.06 %
Average List Price for Solds: $ 560,661 $ 611,798 – 8.36 %
Avg Sale Price as a
percentage of Avg List Price:
92.90 % 92.56 %
Total NEW listings: 54
Total Properties Marked Contract: 9
Total Properties Marked Contingent Contract: 24
Total NEW pendings (Contracts + Contingents): 33

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.


Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22182 Vienna, VA
From: 05/01/2009 to 05/31/2009                Statistics generated on: 06/08/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop

Ground
Rent

Residential
  

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

0

0

0

0

0

1 -30 Days

10

$100,000 – 149,999

0

0

0

0

0

0

0

0

31-60 Days

5

$150,000 – 199,999

0

0

0

0

0

0

0

0

61 – 90 Days

4

$200,000 – 249,999

0

0

0

0

0

0

0

0

91-120 Days

2

$250,000 – 299,999

0

0

0

0

0

0

0

0

Over 120 Days

4

$300,000 – 349,999

0

0

0

0

0

1

0

0

Total

25

$350,000 – 399,999

0

1

0

1

0

1

3

0

$400,000 – 449,999

0

0

0

0

0

2

1

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 – 499,999

0

1

1

0

0

2

0

0

$500,000 – 599,999

0

4

3

0

0

18

0

0

Conventional

17

$600,000 – 699,999

0

3

3

0

0

31

0

0

FHA

5

$700,000 – 799,999

0

1

4

0

0

18

0

0

VA

0

$800,000 – 899,999

0

0

0

0

0

9

0

0

Assumption

0

$900,000 – 999,999

0

0

0

0

0

14

0

0

Cash

2

$1,000,000 – 2,499,999

0

0

3

0

0

55

0

0

Owner Finance

0

$2,500,000 – 4,999,999

0

0

0

0

0

0

0

0

All Other

1

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

10

14

1

0

151

4

0

Total

25

Grand Totals

25 155

   2009    2008    % Change
Total Sold Dollar Volume: $ 16,813,990 $ 14,395,200 16.80 %
Average Sold Price: $ 672,560 $ 846,776 – 20.57 %
Median Sold Price: $ 629,000 $ 795,000 – 20.88 %
Total Units Sold: 25 17 47.06 %
Average Days on Market: 70 114 – 38.60 %
Average List Price for Solds: $ 716,189 $ 920,553 – 22.20 %
Avg Sale Price as a
percentage of Avg List Price:
93.91 % 91.99 %
Total NEW listings: 45
Total Properties Marked Contract: 14
Total Properties Marked Contingent Contract: 25
Total NEW pendings (Contracts + Contingents): 39

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.


Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22124 Oakton, VA
From: 05/01/2009 to 05/31/2009                Statistics generated on: 06/08/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop

Ground
Rent

Residential
  

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

0

0

0

0

0

1 -30 Days

11

$100,000 – 149,999

0

0

0

0

0

0

0

0

31-60 Days

2

$150,000 – 199,999

0

0

0

0

0

0

2

0

61 – 90 Days

3

$200,000 – 249,999

0

0

0

1

0

0

13

0

91-120 Days

1

$250,000 – 299,999

0

1

0

2

0

0

2

0

Over 120 Days

3

$300,000 – 349,999

0

0

0

1

0

3

3

0

Total

20

$350,000 – 399,999

0

1

0

0

0

3

3

0

$400,000 – 449,999

0

0

1

0

0

7

0

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 – 499,999

0

1

1

0

0

6

0

0

$500,000 – 599,999

0

1

3

0

0

5

0

0

Conventional

12

$600,000 – 699,999

0

0

2

0

0

10

0

0

FHA

6

$700,000 – 799,999

0

0

0

0

0

6

0

0

VA

1

$800,000 – 899,999

0

0

2

0

0

13

0

0

Assumption

0

$900,000 – 999,999

0

0

1

0

0

6

0

0

Cash

1

$1,000,000 – 2,499,999

0

0

2

0

0

37

0

0

Owner Finance

0

$2,500,000 – 4,999,999

0

0

0

0

0

3

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

1

0

0

Unreported

0

Totals

0

4

12

4

0

100

23

0

Total

20

Grand Totals

20 123

   2009    2008    % Change
Total Sold Dollar Volume: $ 12,247,983 $ 14,411,262 – 15.01 %
Average Sold Price: $ 612,399 $ 847,721 – 27.76 %
Median Sold Price: $ 549,500 $ 700,000 – 21.50 %
Total Units Sold: 20 17 17.65 %
Average Days on Market: 51 124 – 58.87 %
Average List Price for Solds: $ 663,704 $ 900,729 – 26.31 %
Avg Sale Price as a
percentage of Avg List Price:
92.27 % 94.12 %
Total NEW listings: 40
Total Properties Marked Contract: 12
Total Properties Marked Contingent Contract: 25
Total NEW pendings (Contracts + Contingents): 37

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.


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