Vienna Real Estate Stats – October 2017 Update

Let’s see what’s happening in the Vienna real estate market – September 2017 home sale stats are in!

  • 61 homes went under contract in Vienna. This is flat as compared to the same time period in 2016.
  • Homes are selling faster than a year ago! 38% of the homes that sold in September 2017, sold in 10 days or less. This is up from 24% in September 2016 (%).
  • Average sold price was up 2% over September 2016.
  • 107 homes came on the market. That’s down 16% from September 2016.
  • Homes that sold (closed) averaged 47 days on market, 6 days faster than September 2016.
  • We currently have a 3.3 month supply of homes in Vienna – and 212 Vienna homes for sale (townhouse, condo and single family).

OVERALL: Vienna has entered a Balanced Market for the first time in many years!

However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market, some Balanced and some a Buyer’s Market. A Balanced Market has 3-6 months of inventory. As an example – we have a 9 month supply of homes over $1.7 Million and in the under $800,000 price range – we have a 1.8 month supply. This means Buyers over $1.7 Million are looking at a Buyer’s Market, and Buyers in the lower ranges are competing and facing a Seller’s Market.


BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With more than a third of homes selling in less than 10 days – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, this year The Belt Team has sold multiple Vienna homes NOT in the MLS to Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

NOW is the time. Call Terry Belt, Kevin Kleifges, Beth Dadisman or Tom Hanton NOW at 703-242-3975 for our FREE Report “42 Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – September 2017 Update

Let’s see what’s happening in the Vienna real estate market – August 2017 home sale stats are in!

  • 73 homes went under contract in Vienna. This is down 14% from the same time period in 2016.
  • 33% of the homes that sold in August 2017, sold in 10 days or less. This is up over August 2016 (26%).
  • Average sold price was just barely down over August 2016 by 1%
  • 99 homes came on the market. That’s down 15% from August 2016.
  • Homes that sold (closed) averaged 45 days on market, 21 days faster than August 2016.
  • We currently have a 2.7 month supply of homes in Vienna – and 207 Vienna homes for sale (townhouse, condo and single family).

OVERALL: Vienna is teetering between a Seller’s Market and a Balanced Market

However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market, some Balanced and some a Buyer’s Market. A Balanced Market has 3-6 months of inventory. As an example – we have a 17 month supply of homes over $1.6 Million and in the under $800,000 price range – we have a 1.3 month supply. This means Buyers over $1.6 Million are looking at a serious Buyer’s Market, and Buyers in the lower ranges are competing and facing a Seller’s Market.


BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With a third of homes selling in less than 10 days – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, this year The Belt Team has sold multiple Vienna homes NOT in the MLS to Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

NOW is the time. Call Terry Belt or Kevin Kleifges Or Tom Hanton NOW at 703-242-3975 for our FREE Report “42 Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – August 2017 Update

Let’s see what’s happening in the Vienna real estate market – here are the stats for July 2017 home sales:

  • 73 homes went under contract in Vienna. This is down 14% from the same time period in 2016.
  • 38% of the homes that sold in July 2017, sold in 10 days or less. This is way up over July 2016 market of 28%.
  • Average sold price was $836,779 (up 7% from 2016 when it was $783,914)
  • 99 homes came on the market. That’s down 15% from July 2016!
  • Homes that sold (closed) averaged 71 days on market, 10 days slower than July 2016.
  • We currently have a 2.6 month supply of homes in Vienna – and 236 Vienna homes for sale (townhouse, condo and single family).

OVERALL: Vienna is still just barely in a Seller’s Market

However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market, some Balanced and some a Buyer’s Market. A Balanced Market has 3-6 months of inventory. As an example – we have a 17 month supply of homes over $1.6 Million and in the under $800,000 price range – we have a 1.3 month supply. This means Buyers over $1.6 Million are looking at a serious Buyer’s Market, and Buyers in the lower ranges are competing and facing a Seller’s Market.


BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With more than a third of homes selling in less than 10 days – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, this year The Belt Team has sold multiple Vienna homes NOT in the MLS to Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

NOW is the time. Call Terry Belt or Kevin Kleifges Or Tom Hanton NOW at 703-242-3975 for our FREE Report “42 Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – June 2017 Update

Let’s see what’s happening in the Vienna real estate market – here are the stats for May 2017 home sales:

  • 119 homes went under contract in Vienna. This is up 32% from the same time period in 2016 !!!
  • 45% of the homes that sold in May 2017, sold in 10 days or less. This is slightly less than May 2016 (50%).
  • Average sold price was $838,454 (up 13% from 2016 when it was $739,807)
  • 164 homes came on the market. That’s down 2% from May 2016.
  • Homes that sold (closed) averaged 57 days on market, 29 days slower than May 2016.
  • We currently have a 2 month supply of homes in Vienna – and 236 Vienna homes for sale (townhouse, condo and single family).

Is Vienna In A Seller's Market?

OVERALL: Vienna is in a Seller’s Market

However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market. For example – we have a 14 month supply of homes over $1.6 Million and in the under $800,000 price range – we have a 1 month supply. This means Buyers over $1.6 Million are looking at a serious Buyer’s Market, and Buyers in the lower ranges are competing and facing an ultra aggressive Seller’s Market.


BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With almost half of the homes selling in less than 10 days – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, just last month The Belt Team sold another Vienna home NOT in the MLS to a Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

NOW is the time. Call Terry Belt or Kevin Kleifges Or Tom Hanton NOW at 703-242-3975 for our FREE Report “42 Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – May 2017 Update

Let’s see what’s happening in the Vienna real estate market – here are the stats for April 2017 home sales:

  • 121 homes went under contract in Vienna. This is up 22% from the same time period in 2016!
  • 48% of the homes that sold in April 2017, sold in 10 days or less. This is almost exactly the same as in April 2016.
  • Average sold price was $844,642 (up from 2016 when it was $796,700)
  • 139 homes came on the market. That’s down 24% from April 2016.
  • Homes that sold (closed) averaged 59 days on market, 22 days faster than April 2016.
  • We currently have a 1.8 month supply of homes in Vienna – and 201 Vienna homes for sale (townhouse, condo and single family).

Is Vienna In A Seller's Market?

OVERALL: Vienna is in a Seller’s Market

However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market. For example – we have an 18 month supply of homes over $1.7 Million and in the under $800,000 price range – we have a 1 month supply. This means Buyers over $1.7 Million are looking at a serious Buyer’s Market, and Buyers in the lower ranges are competing and facing an ultra aggressive Seller’s Market.


BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With half of the homes selling in less than 10 days – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, just last month The Belt Team sold another Vienna home NOT in the MLS to a Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

NOW is the time. Call Terry Belt or Kevin Kleifges Or Tom Hanton NOW at 703-242-3975 for our FREE Report “42 Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – 1st Quarter 2017 Home Sales

So we just finished the first quarter of 2017, let’s see what’s happening in the Vienna real estate market. Here are the stats:

265 homes went under contract in Vienna in the first quarter of 2017. This is up 33% from the same time period in 2016!

55% of the homes that sold first quarter, did so in under 30 days. That number was only 43% in 2016. And of the homes that went under contract first quarter, 32% sold in a week or less!

Average sold price in first quarter 2017 was $814,784 (up from 2016 when it was $746,181)

406 homes came on the market. That’s 9% more than in 2016.

  • Homes that sold (closed) in the first quarter averaged 75 days on market, just 6 days longer than in 2016.
  • We currently have a 2.3 month supply of homes in Vienna – and 210 Vienna homes for sale (townhouse, condo and single family).
  • We are teetering between a Balanced Market (neither a Buyer’s or a Seller’s market) and a Seller’s market overall. However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market. For example – we have a 7 month supply of homes in the Vienna market over $1.3 Million. And in the under $800,000 price range – we have a 1.5 month supply. This means Buyers over $1.3 Million are looking at a Buyer’s Market, and Buyers in the lower ranges are competing and facing a serious Seller’s Market.

BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With half of the homes selling in less than 30 days and 32% selling in a week or less – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, just this week The Belt Team sold another Vienna home NOT in the MLS to a Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

NOW is the time. Call Terry Belt or Kevin Kleifges Or Tom Hanton NOW at 703-242-3975 for our FREE Report “42 Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – February 2017 Home Sales

Wondering what’s happening in the Vienna real estate market? Here are the stats!

  • Vienna Real Estate Market81 homes went under contract in Vienna in February. This is up 19% from February 2016!
  • 115 homes came on the market this February. That’s 15% more than February of 2016.
  • Homes that sold (closed) in February averaged 68 days on market, 11 days longer than in February 2016.
  • 49% of the homes that sold in February, did so in under 30 days. (Homes that sold in February went under contract in December/January). That number was 50% in February 2016. And of the homes that went under contract in February, 25% sold in a week or less!
  • Average sold price this February was $838,280 (up from 2016 when it was $695,777)
  • We currently have a 2.8 month supply of homes in Vienna – and 191 Vienna homes for sale (townhouse, condo and single family).
  • We are teetering between a Balanced Market (neither a Buyer’s or a Seller’s market) and a Seller’s market overall. However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market. For example – we have a 7 month supply of homes in the Vienna market over $999K. And in the under $800,000 price range – we have a 1.4 month supply. This means that Buyers over $1 million are looking at a Buyer’s Market, and Buyers in the lower ranges are competing and facing a serious Seller’s Market.

BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With half of the homes selling in less than 30 days and 25% selling in a week or less – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, in February The Belt Team sold another Vienna home NOT in the MLS to a Buyer we’ve been working with since last year Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

Don’t wait for Spring! NOW is the time. Just look at the statistics above. Don’t wait until everyone else goes on the market and creates more competition for your home. Call Terry Belt or Kevin Kleifges Or Tom Hanton NOW at 703-242-3975 for our FREE Report “Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Real Estate Stats – January 2017 Home Sales

Wondering what’s happening in the Vienna real estate market? Here are the stats!

Vienna Real Estate Stats January 2017

  • 60 homes went under contract in Vienna in January. This is up 33% from January 2016!
  • 99 homes came on the market this November. That’s 41% more than January of 2016.
  • Homes that sold (closed) in January averaged 93 days on market, a month longer than in January 2016 (64 days).
  • 46% of the homes that sold in January, did so in under 30 days. (Homes that sold in January went under contract in November/December). That number was 31% in January 2016.
  • Average sold price this January was $840,778 (up from 2016 when it was $694,084 – but skewed by a $3M+ sale this year)
  • We currently have a 3 month supply of homes in Vienna – and 172 Vienna homes for sale (townhouse, condo and single family).
  • We are teetering between a Balanced Market (neither a Buyer’s or a Seller’s market) and a Seller’s market overall. However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market. For example – we have an 8 month supply of homes in the Vienna market over $999K. And in the under $800,000 price range – we have a 1.6 month supply. This means that Buyers over $1 million are looking at a Buyer’s Market, and Buyers in the lower ranges are competing and facing a Seller’s Market.

BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

WHat Is My Home Worth

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

BUYERS:

With almost half of the homes selling in less than 30 days – you need all the advantages you can get. And this doesn’t even count the ones that are sold BEFORE they hit the MLS. In fact, The Belt Team just sold another Vienna home this weekend to a Buyer we’ve been working with since last year. Boy are they happy! Did you know that Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS?! Call 703-242-3975 for details.

SELLERS:

Don’t wait for Spring! NOW is the time. Just look at the statistics above. Don’t wait until everyone else goes on the market and creates more competition for your home. Call Terry Belt or Kevin Kleifges NOW at 703-242-3975 for our FREE Report “Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.

 

 

 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
top-realtor-vienna-oakton-va

Vienna Home Sale Statistics – How Long To Sell Your Home and Are Prices Rising?

Vienna Homes Selling Quickly

If you’re thinking of buying a home in Vienna in 2017, then you’re probably wondering things like:

  • “How long are homes on the market?”
  • “Will I have to pay over list price or can I get a deal? Buyer’s Market or Seller’s Market?”

If you’re thinking of selling a home in Vienna in 2017, you’re probably wondering:

  • “How long will it take to sell my house?”
  • “Will I have to negotiate my list price? Seller’s Market or Buyer’s Market?”

FREE Online INSTANT Home Valuation Estimator

Well, let’s look at 2016 statistics as they are often an indicator of what you can expect:

  • Average Days on Market in Vienna: 62 (up from 56 days in 2015 & 44 days in 2014)
  • Sold Price as % of Original List Price: 96.3% (down from 96.7% in 2015)
  • Percent of Homes Sold in 10 Days or Less: 32% (down from 38% in 2015)
  • More Vienna Real Estate Market Stats

Terry Belt, CEO of The Belt Team commented, “Every year, we see competition for the best listings in the market. Often times, those who sell in January/February sell for more than those who wait for the traditional “Spring Market”. In 2017, we especially think this will bear out as we are already seeing interest rates rise, pricing some folks out of the market. Time will tell as to what 2017 has in store, but The Belt Team is already working with a number of Buyers and Sellers in Vienna and we expect the market to start out briskly.”

(Note: Belt Team Buyers are eligible for our FREE Priority Notification List for new listings not yet in the MLS. Call 703-242-3975 for details.)

If you’re selling a home, your next question may be – “Is there a way to sell faster and for more than average?” And the good news is YES!

The best way to do that is to hire the real estate team with the best proven track record of success in Vienna. And THAT is The Belt Team. Check out Belt Team statistics:

Once again in 2016, The Belt Team sold more homes in Vienna than any other agent or team. This has been the case every single year since 2009. Our track record here shows we sell homes more quickly and for more money than the “average agent”. Our experience & expertise save you time & money!

Anyone can have a good year. Maybe even a good year or two. When you’re selling your home, you need results you can count on. Over the past 10 years, The Belt Team has consistently sold more homes in the Oakton/Vienna area than ANY other agent or team—84% more than the next closest team.

The Belt Team

 

 

 

 

 

 

 

Only three of the 10,000+ Realtors in Northern VA have sold more than 200 homes in Vienna/Oakton in the past ten years. Of those, The Belt Team has the best sold to list price ratio. (Meaning not only do our homes sell faster than average, they sell for a higher percentage of list price than our top competitors.)

Only two agents/teams in Northern VA have sales of more than $250 Million. The Belt Team is one of them. We’ve sold more than $395 Million. 57% more than our next closest competitor. AND our listings also sell more than a month FASTER and FOR 3.3% MORE than this competitor.

On a $2M home, that’s $66K more in YOUR pocket!

Call The Belt Team at (703) 242-3975 if you would like to buy or sell a home in Vienna. Not only do we sell more home in Vienna, but many of our team members have lived here for years. Terry Belt & Christy Belt Grossman grew up in Vienna, have lived here since 1972 and raised their families in Vienna. Tom Hanton & Kevin Klefiges has also lived in Vienna since they were children and are raising their families here as well. Jerry & Gail Belt live in Reston now, but lived in Vienna for more than 30 years. We know the schools, the parks, the commuter short cuts, the history and all the things that make Vienna a most special place to live. Not only do we sell homes in Vienna, but with genuine enthusiasm & experience, we sell the entire community.

FREE Online INSTANT Home Valuation Estimator

 Don’y you deserve the BEST Realtor in Vienna?

Top Realtor Vienna VA

Vienna Real Estate Stats – November 2016 Home Sales

Wondering what’s happening in the Vienna real estate market? Here are the stats!

Vienna Real Estate Stats

  • 44 homes went under contract in Vienna in November. This is down 29% from November 2015.
  • 68 homes came on the market this November. That’s 13% more than November of 2015.
  • Homes sold at about the same pace this November as they did last November- in an average of 67 days as compared to 66 days.
  • 55% of the homes that sold in November, did so in under 30 days. (Homes that sold in November went under contract in September & October). That number slowed to 43% for homes that went under contract in November.
  • Average sold price this November was $804,571.
  • We currently have a 2.8 month supply of homes in Vienna – and 193 Vienna homes for sale (townhouse, condo and single family).
  • We are teetering between a Balanced Market (neither a Buyer’s or a Seller’s market) and a Seller’s market overall. However, in any given price range, the numbers may skew very differently – making some price ranges a Seller’s Market and some a Buyer’s Market. For example – we have an 8 month supply of homes in the Vienna market over $999K. And in the under $800,000 price range – we have a 1.4 month supply. This means that Buyers over $1 million are looking at a Buyer’s Market, and Buyers in the lower ranges are competing and facing a Seller’s Market.

BUYERS & SELLERS

Make sure your agent is providing you with the data you need to make good decisions. Buying and selling often becomes about emotion. Buyers fall in love with homes or want to “get a deal” to feel good about buying. Sellers are invested in how much THEY love their home or have a number in mind based on what they “need” to get out of it.

The reality is that Buyers & Sellers who are successful in today’s market look at the data and act accordingly. The data above about the variances in different price ranges is a perfect example of why. Right here in Vienna we have two totally different markets. If you’re looking to buy, and you “make an offer” below list price – you might be VERY successful in the upper ranges because we have such an abundant supply of homes. Taking that same action in the lower price range will likely mean you don’t get the house of your dreams. Someone else will.

More than ever, it’s becoming a “A Tale of Two Markets”. If you are thinking of buying or selling now or in the Spring, be sure to read our CEO Terry Belt’s latest update on the shifting market!

Price-It-Right-STM- Keeping Current Matter


(Call Terry Belt or Kevin Kleifges at 703-242-3975 for our FREE Report “Questions To Ask Your Realtor BEFORE You Sell”. And find out how our listings sell FASTER and for MORE MONEY than the average agent’s listings.)


 For more questions or for a specific update on YOUR neighborhood – call Terry Belt & The Belt Team at (703) 242-3975 for a FREE Buyer or Seller Consultation. The Belt Team is Vienna’s Top Real Estate Team and has sold more homes in Vienna than another other Realtor or team since 1973.
Vienna Home Sales