Open Houses: Oakton, Fairfax, Burke & Vienna – Oct 12th

We have a great variety of open houses for you this weekend – several of which have NEVER been held open before! Stop in and you just might find your dream home!

2407 Oakmont Ct in Oakton ~ List Price: $1,495,000 – Open Sunday 2-4PM

(Just reduced $200,000 and this will be the first time open!)

Exquisite four sides brick, expansive home on 1.7 spectacular acres in close-in Oakton. Full of amazing surprises like a fabulous master suite with spiral staircase to exercise area and sauna!

More info, directions & photos for 2407 Oakmont Ct

Search Oakton Homes For Sale $1,250,000 to $1,500,000

Search Oakton Homes For Sale $1,500,000 to $1,750,000

Luxury Home For Sale in Oakton

Call Terry Belt & The Belt Team at (703) 242-3975 to schedule a showing.

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2408 Stryker Avenue in Vienna ~ List Price: $1,275,000 – OPEN SUNDAY 1-4PM

(First time open!)

Three finished levels on a premium 1/2 acre lot in one of Vienna’s close-in hidden treasure enclaves. Approximately 5,000 finished sq ft – exquisitely maintained, beautifully landscaped & full of lovely architectural details.

More info, directions & photos for 2408 Stryker Avenue in Vienna

Search Vienna Homes For Sale $1,000,000 to $1,250,000

Search Vienna Homes For Sale $1,250,000 to $1,500,000

Vienna Luxury Home For Sale

Call Martin Bristow & The Belt Team at (703) 861-2967 to schedule a showing.

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8886 Olive Mae Circle in Fairfax ~ List Price: $875,000 – OPEN SUNDAY 1-4PM

Beautiful “English” Armistead model built by Basheer & Edgemoore! Elevator for easy access to 4 finished levels including a walkout lower level with rec room & full bath, plus upper level loft with its own bedroom, bath & terrace (great guest suite!).  Hardwood floors throughout the main level.  2-sided fireplaces in the living & dining rooms & in the master suite.  Sunny kitchen with breakfast nook & stainless steel appliances and granite countertops.  Just minutes from Metro & the Mosaic District!

More info, directions & photos for 8886 Olive Mae Circle in Fairfax

Search Fairfax Homes For Sale $800,000 to $900,000

Search Fairfax Homes For Sale $900,000 to $1,000,000

Homes For Sale Near Vienna MetroCall Terry Belt & The Belt Team at (703) 242-3975 to schedule a showing.

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5314 Renaissance Ct in Burke ~ List Price: $749,999 – OPEN SUNDAY 1-4PM

Everything you’re looking for in Burke’s sought after Signal Hill! Three finished levels on a cul-de-sac backing to trees! A delightful sunroom, two fireplaces, hardwood floors, granite kitchen & more!

More information, price and additional photos of 5314 Renaissance Ct in Burke

Search Burke Homes For Sale $700,000 to $800,000

 

Home For Sale Signal Hill Burke VA

Call Tom Reilly & The Belt Team at (703) 629-1263 to schedule a showing!

 

Just Listed: Sought After Signal Hill Beauty in Burke!

Home For Sale Signal Hill Burke VA

Everything you’re looking for in Burke’s sought after Signal Hill! Three finished levels on a cul-de-sac backing to trees! Here’s a sneak peak of this lovely home we just listed on Renaissance Court!

Home For Sale Signal Hill Burke VA Home For Sale Signal Hill Burke VA

More information, price and additional photos of 5314 Renaissance Ct in Burke

Call Tom Reilly & The Belt Team at (703) 629-1263 to schedule a showing!

 

Snow Does Not Stall Spring Market In Northern Virginia

Oakton Real EstateThe first day of Spring is still a few weeks away, and we have a ton of snow on the ground; but if you take a look at home sales in Northern Virginia, you’ll see that the Spring market is already in full swing. (We know this anecdotally from our own listings & sales, but let’s take a look at the statistics.)

What SOLD In January & February?

The “Sold Price” of a home is not usually released until the home goes to settlement & the sale is recorded at the courthouse, So when you see articles about home “sales”, the data lags a bit. Homes that sold in January & February probably went under contract somewhere between November & January. How many homes settled and what was the average sales price? Check the list below for your area:

CITY # of Home Sales Avg Sold Price
Alexandria 472 $463,813
Arlington 286 $559,848
Ashburn 131 $482,696
Burke 63 $449,776
Centreville 98 $385,240
Chantilly 88 $450,969
Dunn Loring 2 $840,000
Fairfax 206 $480,367
Falls Church 161 $481,629
Great Falls 14 $1,120,100
Herndon 74 $453,627
McLean 76 $926,662
Oakton 31 $597,409
Reston 105 $408,003
Springfield 134 $416,077
Sterling 111 $384,360
Vienna 79 $719,238

Search homes for sale in Northern VA

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What Went UNDER CONTRACT in January & February?

In every jurisdiction, a LOT more homes went under contract in January & February than sold during the previous few months. Buyers are NOT waiting until “true Spring” to buy homes.

CITY # of Homes Sold # of Homes Under Contract
Alexandria 472 714
Arlington 286 373
Ashburn 131 208
Burke 63 91
Centreville 98 142
Chantilly 88 114
Dunn Loring 2 3
Fairfax 206 284
Falls Church 161 173
Great Falls 14 24
Herndon 74 99
McLean 76 98
Oakton 31 38
Reston 105 149
Springfield 134 191
Sterling 111 147
Vienna 79 114

Search homes for sale in Northern VA

FREE Report – How Much Is My Home Worth?

How Fast Are Homes Selling?

Not only are more homes selling, but with the exception of Great Falls & McLean, they are selling faster now than they were over the past few months. (Dunn Loring is also an exception, but the statistical pool is too small to call it a trend.) Keep in mind, these are averages. Many homes are selling the same weekend they go on the market. We listed one Thursday, a contract came in over the weekend and was ratified today. (Note that there are a variety of conditions in the marketplace – with some homes languishing and some getting multiple contracts. We had one listing in our office last month that received 17 contracts!) (Note: DOM = “days on market”)

CITY DOM Solds DOM Under Contracts
Alexandria 61 59
Arlington 48 40
Ashburn 56 39
Burke 43 36
Centreville 55 50
Chantilly 45 41
Dunn Loring 18 54
Fairfax 52 42
Falls Church 51 46
Great Falls 133 133
Herndon 48 40
McLean 86 96
Oakton 87 75
Reston 52 41
Springfield 54 47
Sterling 54 44
Vienna 53 50

Moral of the Story?

The more things change, the more they stay the same.

Sellers: If you have been waiting for the market to improve so you can sell, NOW is the time. Call Terry Belt or Kevin Kleifges at (703) 242-3975 to schedule a Seller Consultation. Not only will we discuss the market conditions of YOUR neighborhood, we will consult with you on staging, preparation, marketing, pricing strategies & more. (If you call this month, we will also pay for a consultation with our Professional Stager – a $195 value). You can also set up a FREE daily update (or weekly or monthly) so you find out what homes are selling for in your neighborhood.

Buyers: The market is tight. Be prepared to move quickly. You may need to compete. And in order to do so, you may need to lower the price range you are looking in. (If you can only afford to go to $700,000 for example, you may want to only look at homes up to $650,000.) You also need to make sure you work with Realtors who are proactive, seek properties on your behalf that are NOT yet on the market and utilize the most state-of-the-art home search web site (not sites like Zillow or Trulia that are NOT updated as frequently.) Contact us at (703) 242-3975 to schedule a FREE Buyer Consultation. No obligation. We will discuss market conditions, strategies for competing, the entire homebuying process including how much cash you will need, financing options and more. Interest rates are low, so you might be surprised at what you can afford. And since prices are rising, you don’t want to wait!

The Belt Team’s mission is “Changing Lives For The Better“. If it’s time to change YOURS, call us TODAY at (703) 242-3975. It would be a pleasure for OUR family to help YOUR family make the RIGHT move!

Coming Soon: Charmer in Burke Centre

Call (703) 242-3975 if you’d like more info about this charming home in Burke Centre that will be coming on the market soon!

Coming Soon 10024 Wood Sorrels Ln Burke VA

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