Weekly Real Estate Market Update – Vienna, VA

Here are last week’s stats for Vienna Real Estate (22180, 22181, 22182):

  • Number of Contracts: 20
  • Average Days on Market for Active Listings: 98 days
  • Average Days on Market for Listings That Went Under Contract: 27 days
  • Inventory: 274 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.5 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.9 months

Notes:

  • Inventory is stable since last week.
  • We are now providing you with the number of months supply of homes based on what the contract rate was over the past 30 days (not just the past 90 days). This is because as we enter the summer market, we are seeing the rate of homes going under contract start to go down.

If you’re thinking of buying or selling, contact The Belt Team for a more in-depth discussion & analysis – because it’s only the neighborhood YOU live in (or you WANT to live in) that matters!

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