Last week, our company gathered for the annual “Keller Williams Family Reunion”. That’s what we call our annual convention. About 9,000 (of the 78,000+) Keller Williams agents from across North America got together for lots of incredible training, the annual presenting of awards – – – and of course some fun!
And as of last week, Keller Williams Realty is now in the Guinness Book of Records for the largest cha cha slide dance! This doesn’t have anything to do with real estate – but it’s a good example of how Keller Williams is not like other companies. We’re different! It’s about a mindset that not only thinks outside the box – we think like THERE IS NO BOX. And this is the mindset we bring to our clients in today’s market.
So – here’s a glimpse into Keller Williams Realty’s Family Reunion: (Note – the previous record for the cha cha slide was 250 dancers. The new record – set by Keller Williams – is 2,387 dancers! THAT’s how we do things at Keller Williams!)
Just Listed! Light, airy home with a contemporary, open floorplan. Front & rear staircases. Hardwood floors throughout. Stunning family room with fireplace & skylight. Family room opens to gorgeous upgraded kitchen & breakfast room. Master suite with sitting area, luxurious bath & custom California walk-in closet. Fenced rear yard with water feature is an outdoor oasis of tranquility. Great location near Dunn Loring Metro & Tysons. $839,000
TGIF! Time for our Open House Theme Song of the Week (and open house info for the weekend)!
But first – our Theme Song of the Week. Both of our open houses are in Vienna. And when you live in Vienna, VA – you never know who might show up at Jammin Java (one of the DC area’s top music venues). Earlier this week, it was Nick Jonas (if you don’t know who that is, ask your 12 yr old). Tonight, Marshall Crenshaw will be in town (if you don’t know who that is – ask your parents). And next week it will be Atomic Tom (remember the kids who played their I-Phones on the subway?).
So here’s a taste of Atomic Tom (Scroll down for open house info.)
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9505 Macy Avenue in Vienna – $997,500 – Open Sunday 1 to 4PM
This elegant brick front colonial is sited on a large cul-de-sac lot. Youll especially enjoy the addition to the home that includes a delightful sunroom & 2nd casual eating area. Theres plenty of room for the family to gather, as well for for easy entertaining – with rec rooms on both the main and lower levels. The kitchen was updated in 2010 with granite countertops & stainless appliances. Plus theres a spacious master suite with sitting room, 4 additional bedrooms. 3.5 baths, soaring ceilings, gleaming hardwoods & more. Madison HS pyramid!
Directions to Macy Avenue: From Tysons: Route 123 South, Right Beulah Rd, Left Abbotsford Dr, Right Percussion Way, Left Labrador Lane, Left Macy Avenue to #9505
903 Plum Street SW in Vienna – $1,274,900 – Open Sunday 1-4PM
Brand new home from one of our favorite longtime builders – Dominion Associates Inc. Great Craftsman style elevation (stones & siding with a charming front porch) plus a fabulous floorplan and a “Heart of Vienna” location! Five bedrooms, 4.5 baths, fireplace, gorgeous hardwood floors, coffered ceiling master suite, 9′ box beam ceiling family room & lots of other elegant touches. Madison HS pyramid! Close to Metro, W&OD Trail & Downtown Vienna!
Directions to Plum Street: From Tysons: Route 123 South into Vienna, Left Park Street, Right Tapawingo Rd, Left Plum. OR – from I66/Vienna Metro – take Nutley toward Vienna, Right Tapawingo, Right Plum.
This week saw Vienna inventory rise just slightly, while Oakton’s inventory remained the same as last week. Contract activity was fair – with 10 contracts in Vienna and 3 in Oakton.
The net result, when the trend is analyzed over a 30 day and 90 day period – is that Vienna remains in a Sellers Market and Oakton remains in a Balanced Market.
Note – however, that if you are buying or selling a home in these areas, you would want to ask your Realtor for a much more “micro” analysis because inventory, contract rate and months of housing supply varies depending on your price range. Just as an example, this past week, no contracts were ratified in Vienna OR Oakton on homes listed above $800,000.
SELLERS
This means NOW is a great time to sell – while competition is low! The Belt Team has a track record of selling our listings in Vienna 35 days faster than average and for 4.27% more than average (figures are similar in Oakton and all around Northern VA.) Contact us to set up an appointment.
BUYERS
This is one (among many) reasons why you need a Realtor to represent you. Inventory is low, so you may end up in a competitive situation. Note that in Oakton this past week, 3 homes went under contract and the average “days on market” for those homes was only 16 days. Buyers need to be prepared to move quickly. And a Realtor will help you craft a winning offer in a situation like this. It’s not always price that wins the home. Many other factors (like terms, rent backs, concessions, contingencies) come into play. You also want a Realtor who specializes in your area and who is creative. We have sold several homes recently to Buyers we represented where the homes never came on the market. Through our networking and our connections, we found a match for our Buyers. If you would like The Belt Team to represent you, contact us here.
Here are last week’s stats for Vienna Real Estate (22180,22181, 22182):
Number of Contracts: 10
Average Days on Market for Active Listings: 151 days
Average Days on Market for Listings That Went Under Contract: 76 days
Inventory: 151 homes on the market
Number of Months Supply of Homes (Based on past 90 day contract rate): 3.0 months
Number of Months Supply of Homes (Based on past 30 day contract rate): 2.5 months
Here are last weeks stats for Oakton Real Estate (22124):
Number of Contracts: 3
Average Days on Market for Active Listings: 115 days
Average Days on Market for Listings That Went Under Contract: 16
Inventory: 73 homes on the market
Number of Months Supply of Homes (Based on past 90 day contract rate): 4.5 months
Number of Months Supply of Homes (Based on past 30 day contract rate): 3.8 months
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!
How long does the average Buyer search for a home?
How can Sellers take advantage of a Pre-Spring market?
These questions and more are answered in this quick 2 minute video.
Contact The Belt Team if you are ready to search for or sell a home! We can provide you with our FREE priority notification service so you know about new listings quickly (for Buyers & Sellers) and a FREE report with “90 Tips For Preparing Your Home for Market” (for Sellers).
BELT – Bringing Expertise, Loyalty & Trust to Real Estate!
TGIF! Time for our Open House Theme Song of the Week (and open house info for the weekend)!
There’s a saying that goes “What is more mortifying than to feel that you have missed the plum for want of courage to shake the tree.” (Logan P. Smith). And since one of our open houses on Sunday is on “Plum Street” – we thought that quote was very a propos. Come visit us Sunday and check out these gorgeous homes. One of them just might be YOUR dream home!
But first – our Theme Song of the Week. It comes from Mighty Joe Plum and it’s called “Friendly Advice“. (Scroll down for open house info.)
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903 Plum Street SW in Vienna – $1,274,900 – Open Sunday 2-4PM
Brand new home from one of our favorite longtime builders – Dominion Associates Inc. Great Craftsman style elevation (stones & siding with a charming front porch) plus a fabulous floorplan and a “Heart of Vienna” location! Five bedrooms, 4.5 baths, fireplace, gorgeous hardwood floors, coffered ceiling master suite, 9′ box beam ceiling family room & lots of other elegant touches. Madison HS pyramid! Close to Metro, W&OD Trail & Downtown Vienna!
Directions to Plum Street: From Tysons: Route 123 South into Vienna, Left Park Street, Right Tapawingo Rd, Left Plum. OR – from I66/Vienna Metro – take Nutley toward Vienna, Right Tapawingo, Right Plum.
9012 Linda Maria Ct in Fairfax -$724,900 – Open Sunday 1-4PM
JUST LISTED!
Better than new! Recent updates, upgrades & improvements exude charm & warmth and are in abundance. Fabulous private cul-de-sac location with trees. Three finished levels. 4 bedrooms, 3.5 baths & two car garage. Ideal commuting location & on good weather days its an easy walk to Vienna Metro, Starbucks, & more! $724,900
Directions to Linda Maria Court: Rt 66 to Nutley Street South to Lee Highway, Left Lee Hwy, 1/4 mile to left Hideaway Rd, Right Linda Maria Ct.
Just Listed! Better than new! Recent updates, upgrades & improvements exude charm & warmth and are in abundance. Fabulous private cul-de-sac location with trees. Three finished levels. 4 bedrooms, 3.5 baths & two car garage. Ideal commuting location & on good weather days it’s an easy walk to Vienna Metro, Starbucks, & more! $724,900
This week finds a similar story to last week. Inventory in Vienna dropped yet again, while inventory in Oakton rose another 9%. And while sales in Vienna remained strong, nothing went under contract in Oakton.
The net result, when the trend is analyzed over a 30 day and 90 day period – is that Vienna is now officially in a Sellers Market, while Oakton remains in a Balanced Market.
SELLERS
This means NOW is a great time to sell – while competition is low! The Belt Team has a track record of selling our listings in Vienna 35 days faster than average and for 4.27% more than average. Contact us to set up an appointment.
BUYERS
This is one (among many) reasons why you need a Realtor to represent you. Inventory is low, so you may end up in a competitive situation. A Realtor will help you craft a winning offer in a situation like this. It’s not always price that wins the home. Many other factors (like terms, rent backs, concessions, contingencies) come into play. You also want a Realtor who specializes in your area and who is creative. We have sold several homes recently to Buyers we represented where the homes never came on the market. Through our networking and our connections, we found a match for our Buyers. If you would like The Belt Team to represent you, contact us here.
Here are last week’s stats for Vienna Real Estate (22180,22181, 22182):
Number of Contracts: 14
Average Days on Market for Active Listings: 154 days
Average Days on Market for Listings That Went Under Contract: 61 days
Inventory: 151 homes on the market
Number of Months Supply of Homes (Based on past 90 day contract rate): 2.9 months
Number of Months Supply of Homes (Based on past 30 day contract rate): 2.2 months
Here are last weeks stats for Oakton Real Estate (22124):
Number of Contracts: 0
Average Days on Market for Active Listings: 117 days
Average Days on Market for Listings That Went Under Contract: n/a
Inventory: 73 homes on the market
Number of Months Supply of Homes (Based on past 90 day contract rate): 5.0 months
Number of Months Supply of Homes (Based on past 30 day contract rate): 4.1 months
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!
TGIF! And time for our Open House Theme Song of the Week (and list of open houses for the weekend)!
First – the song. It’s sung by Sarah Connor. And we bring it to you in honor of Valentine’s Day. It’s an oldie but goodie – “Love On A Two Way Street“. We’re hoping that’s what will happen when you visit our open houses! So, take your inspiration from Sarah and then stop by to visit us. (Open house details below)
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512 Center Street South in Vienna – $1,299,000 – Open Saturday 1-4PM
JUST LISTED!
This delightful one-of-a-kind Steve Bukont designed home is in the HEART OF VIENNA. Enjoy incredible curb apeal outside and a fabulous open floorplan inside. All four bedrooms have walk-in closets and a private attached bath. Gourmet kitchen with 6-burner Wolf stove and Sub-Zero refrigerator. Kitchen opens to breakfast nook surrounded by windows and the family room with gas fireplace. Large, fenced rear yard. Two car detached garage plus covered carport. $1,299,000
Directions to Center Street: From Tysons: Route 123 South into Vienna, Left Center Street to #512. From Vienna Metro/I-66: Take Nutley toward Vienna, Right Maple Ave, Right Center to #512.
903 Plum Street SW in Vienna – $1,274,900 – Open Sunday 12-4PM
Brand new home from one of our favorite longtime builders – Dominion Associates Inc. Great Craftsman style elevation (stones & siding with a charming front porch) plus a fabulous floorplan and a “Heart of Vienna” location! Five bedrooms, 4.5 baths, fireplace, coffered ceiling master suite, 9′ box beam ceiling family room & lots of other elegant touches. Madison HS pyramid! Close to Metro, W&OD Trail & Downtown Vienna!
Directions to Plum Street: From Tysons: Route 123 South into Vienna, Left Park Street, Right Tapawingo Rd, Left Plum. OR – from I66/Vienna Metro – take Nutley toward Vienna, Right Tapawingo, Right Plum.
Just Listed! This delightful one-of-a-kind Steve Bukont designed home is in the HEART OF VIENNA. Enjoy incredicle curb apeal outside and a fabulous open floorplan inside. All four bedrooms have walk-in closets and a private attached bath. Gourmet kitchen with 6-burner Wolf stove and Sub-Zero refrigerator. Kitchen opens to breakfast nook surrounded by windows and the family room with gas fireplace. Large, fenced rear yard. Two car detached garage plus covered carport. $1,299,000
