Month: February 2010

Open This Weekend in Vienna

The Belt Team has three open houses scheduled in Vienna this weekend and we’d love to see you stop by one of them. (Scroll down for details!)

Speaking of open houses, that means it’s time for our Friday Open House Theme Song of the Week. This week’s song comes from the Housemartins. Since two of our three open houses are being held at brand new homes, it made us think about “building”.  So hum along with the Housemartins as they sing their song “BUILD” – “It’s build a house where we can stay, add a new bit every day.”

Here’s where you will find The Belt Team this weekend:

~ Sunday, Feb 28 from 1PM to 4PM – 10240 Dunfries Road in Vienna – $889,000

~ Sunday, Feb 28 from Noon to 5PM – Francis Young Estates in Vienna – $1,249,900

~ Sunday, Feb 28 from 1:30PM to 4PM – 201 Charles Street SE in Vienna – $1,295,000

10240 Dunfries Road in Vienna – Listed at $889,000

Directions: Directions from Tysons: South on Route 123, Right Flint Hill Rd, Left Vale Rd, just past the pond turn Left on Dunfries. Or from Oakton: Take Hunter Mill Rd, Right on Vale, Right on Dunfries. Or from METRO: Nutley to Maple Ave (Rt 123), Left Maple, Right Flint Hill, Left Vale, Left Dunfries.

More Info on 10240 Dunfries Rd in Vienna Video Tour

201 Charles Street in Vienna- Listed at $1,295,000

Enjoy 5 bedrooms, 4.5 baths and 3 finished levels! Brand new in the heart of Vienna . . . walking distance to great restaurants, wonderful shops & convenient to public transportation. More Info on 201 Charles St in Vienna

Directions: From Tysons: Route 123 South, Left Branch Road, Right Locust Street to corner of Charles Street on the left. Or from Vienna Metro: Nutley Street to Vienna, Right Maple Ave (Rt 123), Right Glyndon Ave, Left Locust to corner of Charles Street on the right.

Francis Young Estates – 1 new home remains – $1,249,900

One home remains in this lovely new home community of 15 homes on two cul-de-sacs in the Madison High School district! (Note – Sekas Homes is also building in other locations in Oakton and Vienna; and can also build a custom home on your lot!) More Info on Francis Young Estates in Vienna

Directions: From Rt 123 in Vienna, Proceed North on Beulah Road ¾ of a mile. New cul-de-sac “Francis Young Lane” on left just past State Street.

Search all Vienna listings

Weekly Market Update – Vienna / Oakton

What happened in the Vienna Oakton market over the past week? 

Here are the highlights:

(1) More homes went under contract in Vienna and Oakton this past week than any other week so far this year! 

  

(2) Inventory in both areas is slightly up. (Spring has sprung in real estate.)

(3) Months supply in Vienna is almost down to 3 months. And while Oakton still has a 3.7 month supply, this is down from 4.6 months as of last week.

Click here to request an in-depth market update for Vienna – your specific neighborhood (or one you’d like to live in!) – or any Northern Virginia area!

Search the MLS for Vienna Oakton homes.

Open This Weekend – Here Comes The Sun!

Snow snow go away.

Don’t come back another day.

Sun sun come out to play.

That would really be okay!  

The Belt Team has five open houses scheduled this weekend and we’d love to see you stop by one of them. (Scroll down for details!)

And speaking of open houses, that means it’s time for our Friday Open House Theme Song of the Week. This week’s song comes from George Harrison & The Beatles (live version from 1972 – the year The Belt Team started selling homes in Virginia!) 

Sing along now and we can all hope together . . .

Here’s where you will find The Belt Team this weekend:

~ Saturday, Feb 20 from Noon to 5PM – Francis Young Estates in Vienna – $1,249,900

~ Sunday, Feb 21 from 1PM to 4PM – 10240 Dunfries Road in Vienna – $889,000

~ Sunday, Feb 21 from Noon to 5PM – Francis Young Estates in Vienna – $1,249,900

~ Sunday, Feb 21 from 1:30PM to 4PM – 201 Charles Street SE in Vienna – $1,295,000

~ Sunday, Feb 21 from 1PM to 4PM – 9908 Mill Run Drive in Great Falls – $885,000

9908 Mill Run Drive, Great Falls – Listed at $885,000

More Info Video Tour

Directions from Tysons: Route 7 West, Right Colvin Run Rd, Right Robindale, Right Phoenix, Right Mill Run to #9908 on right. (You got that – right? <wink>)

10240 Dunfries Road in Vienna – Listed at $889,000

  

  

Directions: Directions from Tysons: South on Route 123, Right Flint Hill Rd, Left Vale Rd, just past the pond turn Left on Dunfries. Or from Oakton: Take Hunter Mill Rd, Right on Vale, Right on Dunfries. Or from METRO: Nutley to Maple Ave (Rt 123), Left Maple, Right Flint Hill, Left Vale, Left Dunfries.

More Info      Video Tour

201 Charles Street in Vienna- Listed at $1,295,000

Enjoy 5 bedrooms, 4.5 baths and 3 finished levels! Brand new in the heart of Vienna . . . walking distance to great restaurants, wonderful shops & convenient to public transportation. More Info

Directions: From Tysons: Route 123 South, Left Branch Road, Right Locust Street to corner of Charles Street on the left. Or from Vienna Metro: Nutley Street to Vienna, Right Maple Ave (Rt 123), Right Glyndon Ave, Left Locust to corner of Charles Street on the right.

Francis Young Estates – 1 new home remains – $1,249,900

The home for sale is located at 1845 Mamie Dyer Lane in Vienna. The home being held open at 9512 Francis Young Lane is under contract, but will give you an idea of the spectacular quality & finish work of master builder Sekas Homes. (Note – Sekas Homes is also building in other locations in Oakton and Vienna; and can also build a custom home on your lot!) More Info

Directions: From Rt 123 in Vienna, Proceed North on Beulah Road ¾ of a mile. New cul-de-sac “Francis Young Lane” on left just past State Street.

Weekly Vienna Oakton Update – Which Tells The Story – Statistics or Anecdotal Info?

What is happening NOW in Vienna Oakton real estate?

First – let’s look at the stats. In Vienna, 12 homes went under contract this week and 2 homes in Oakton. You can see by the charts below that this is a slight up-tick from the previous week.

 

Inventory has decreased slightly in Vienna, but remains the same in Oakton.

 

And for the first time this year, we see a slight difference in months supply between Vienna and Oakton, with Vienna at 3.3 months and Oakton at 4.6 months.

 

But more important sometimes than statistics is the anecdotal information you can get from a Realtor who specializes in the area. Statistics often lag what is happening in the market.

So what have we seen anecdotally this week?

After last week’s “Blizzaster”, the thaw started & people were anxious to get out & about. Showings on our listings have picked up. And the number of folks attending our open houses has increased dramatically. (As an example, we normally get about 2 or 3 groups through an open house, but we had one on Sunday that had 22 groups of people come through!)

Sellers who prepared their homes & got them on the market sooner rather than later definitely benefited from this. The Belt Team had THREE listings go under contract this past weekend. Two of those three contracts were on homes that just went on the market last week. And all three homes received MULTIPLE CONTRACTS!

So which is it – statistics or anecdotal information? Well, a good Realtor (and Buyer and Seller) needs to analyze both in order to come to a more educated resolution as to what action to take.

 

For example, statistics this week also show that of the 12 homes in Vienna that went under contract, 75% were listed at less than $750,000. This statistical information is a lense through which the anecdotal information of increased open house attendance and mutiple contracts should be filtered.

So if you are a buyer in the lower price range, this might tell you that you really need to do your homework and be prepared for a possible competitive situation when you write a contract. And if you are a Seller in the upper brackets, it might tell you that it is more important than ever to be priced at TODAY’s market.

(And as a side note: Here’s another little statistic Sellers might find interesting: Sellers who listed their home at the price originally recommended by their agent sold it 38 days faster and for 2.25% higher than Sellers who did not take their agent’s recommendation.)

Bottom line – make sure these are the types of discussions you are having with your Realtor, whether you are buying or selling a home. It’s in YOUR best interests!

Open This Weekend

SnOMG! Snowmageddon! Blizzaster! Are you as tired of being stuck in your house as we are?

Well, we have the cure for your “cabin fever”! This weekend would be a great time to come visit one of our Open Houses! We have 6 scheduled (scroll down for more info & check back this weekend in case of weather cancellations).

In the meantime, it’s time for our Friday Open House Theme Song of the Week. This week’s song comes from The Police. Sing along with them . . .

I can’t stand it for another day
When you live so many miles away
Nothing here is gonna make me stay
You took me over, let me find a way

I sold my house
I sold my motor, too
All I want is to be next to you.
 

Here’s where you will find The Belt Team this weekend:

~ Saturday, Feb 13th from 11:30AM to 1:30PM – 201 Charles St SE in Vienna – $1,295,000 

~ Saturday, Feb 13th from Noon to 5PM – Francis Young Estates in Vienna

~ Sunday, Feb 14th from 1PM to 4PM – 1903 Baton Drive in Vienna – $629,000

~ Sunday, Feb 14th from 1PM to 4PM – 201 Charles Street SE in Vienna – $1,295,000

~ Sunday, Feb 14th from 1PM to 4PM – 9908 Mill Run Drive in Great Falls – $885,000

~ Sunday, Feb 14th from Noon to 5PM – Francis Young Estates in Vienna

1903 Baton Drive in Vienna – Listed at $629,000

  

  

More Info Video Tour

Directions: From Tysons: South on Route 123 (Maple Ave) into Vienna, Right Beulah Rd, Left Abbotsford Dr, Right Percussion Way, Left on Baton to #1903.

9908 Mill Run Drive, Great Falls – Listed at $885,000

More Info Video Tour

Directions from Tysons: Route 7 West, Right Colvin Run Rd, Right Robindale, Right Phoenix, Right Mill Run to #9908 on right. (You got that – right? <wink>)

201 Charles Street in Vienna- Listed at $1,295,000

Enjoy 5 bedrooms, 4.5 baths and 3 finished levels! Brand new in the heart of Vienna . . . walking distance to great restaurants, wonderful shops & convenient to public transportation.   More Info

Directions: From Tysons: Route 123 South, Left Branch Road, Right Locust Street to corner of Charles Street on the left. Or from Vienna Metro: Nutley Street to Vienna, Right Maple Ave (Rt 123), Right Glyndon Ave, Left Locust to corner of Charles Street on the right.

Francis Young Estates – 1 new home remains – $1,249,900

The home for sale is located at 1845 Mamie Dyer Lane in Vienna. The home being held open at 9512 Francis Young Lane is under contract, but will give you an idea of the spectacular quality & finish work of master builder Sekas Homes. (Note – Sekas Homes is also building in other locations in Oakton and Vienna; and can also build a custom home on your lot!) More Info

Directions: From Rt 123 in Vienna, Proceed North on Beulah Road ¾ of a mile. New cul-de-sac “Francis Young Lane” on left just past State Street.

This Week In Vienna Oakton Real Estate – Video Edition

Well, we weren’t sure filming was possible this week. After all, we didn’t want Special Correspondent Ryan R (age 10) and Felisa R (age 6) to get lost in a snow drift on the way to our studio! But they made it and here is another webcast of “This Week In Vienna Oakton Real Estate“. (Note – all statistics quoted are actual stats from MRIS).