Parade of Homes in Vienna

NVBIA Parade of Homes Vienna NVBIA Parade of Homes Vienna

Everyone loves a parade, right? Well, this weekend is the annual Parade of Homes sponsored by the Northern VA Building Industry Association. One of the builders we represent (Dominion Associates Inc) is participating and you can tour his brand new home on Cottage Street on Saturday or Sunday from 11AM to 5PM. If you stop by on Sunday, be sure to also check out another of our nearby new home listings on Hickory Circle.

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204 Cottage Street SW in Vienna – OPEN SATURDAY & SUNDAY 4/27 & 4/28 11AM-5PMNew Home For Sale Vienna VA Cottage St

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New design & excellent quality construction from one of Vienna’s oldest and best builders, in the heart of downtown Vienna. Delightful elevation includes Hardiplank, stone, and charming porch feature. First floor guest bedroom/den with full bath. Upgraded finishes and quality throughout. Ready now! Awesome location-awesome schools. 6 BRs & 5 BATHS on 3 finished levels! Call (703) 242-3975 for more info.

Directions: I-66/Vienna Metro: exit to Nutley Street; R on Tapawingo; L on Cottage to #204. Or from Tysons: S Rt 123, becomes Maple Avenue, L on Center Street (by library) R on Locust Street, Left on Cottage St to #204

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118 Hickory Circle SW in Vienna – $1,200,000 – OPEN SUNDAY, 4/28 2-4PM

New Homes In Vienna VA

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New home ready soon in the heart of Vienna! Featuring Red Oak hardwoods, 2 fireplaces, a 2-car garage, 9′ ceilings, front porch. Gourmet kitchen with granite countertops, large island w/gas cooktop, double wall ovens, extra large chef’s sink. Finished basement, upstairs laundry, energy-efficient! Cul-de-sac location! Call (703) 242-3975 for more info.

Directions: From Tysons: S on Rt. 123 , Chain Bridge, which becomes Maple Avenue in Vienna. Continue past Westwood CC to Center St. Left on Center, by the library, Right Locust St. ,Right Cottage St., Right Hickory Circle to 118!

This Week in the Vienna & Oakton Housing Market

A House For Christmas

Running out of ideas for what to buy your loved ones for Christmas? How about a new home?! You may be singing “Silent Night”, but the real estate market is definitely not silent over the holidays! In the past week in Vienna & Oakton, 15 homes have gone under contract. The lowest list price was $219,900 and the highest list price was $1,250,000. Of the homes that sold, 5 were condos sold, 4 were townhomes and 6 were single family homes.

Here are the detailed market statistics for Vienna & Oakton:

Last week in Vienna Real Estate (22180,22181, 22182):

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  • Number of Contracts: 4
  • Average Days on Market for Active Listings: 132 days
  • Average Days on Market for Listings That Went Under Contract: 37 days
  • Inventory: 125 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.2 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 3.1 months

What Is My Vienna Home Worth?

Last week in Oakton Real Estate (22124):

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  • Number of Contracts: 11
  • Average Days on Market for Active Listings: 120 days
  • Average Days on Market for Listings That Went Under Contract: 67
  • Inventory: 54 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.2 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.4 months

What Is My Oakton Home Worth?

Sometimes you need to buy or sell a home no matter what is happening in the market. Maybe you’re having a baby & you need more space. Or you’re a military or relocation family who has been transferred. Or you’re looking to “right-size” your home. No matter why you’re moving, we can help you make the BEST move. If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975. We think you deserve the BEST Realtors in Northern Virginia!

This Week’s Real Estate Stats – Vienna & Oakton

Any astronomer can predict with absolute accuracy just where every star in the universe will be at 11.30 tonight. He can make no such prediction about his teenage daughter.

Real Estate RockStars

Isn’t that a great quote from James T. Adams? We think the real estate market is the same way. We might think we can predict what will happen (like things slowing down over the holidays), but market conditions can change in the blink of an eye. This is why we track detailed statistics weekly for our Buyers & Sellers.

Right now, inventory in Oakton is at its lowest level since December 2010. And Vienna is not far behind. Savvy Sellers are taking advantage of that and are prepping to get their homes on the market before Spring hits, so they can take advantage of the pent up demand that exists.(The Belt Team has been out on multiple appointments with Spring Sellers to walk through their homes & help them know what needs to be done before they go on the market, and more importantly – what things they don’t have to spend money or time doing.)

Brilliant Buyers are also doing their part to get ready for an early opportunity to jump on new inventory when it comes on the market. Not only are they making sure they have seen the existing inventory, but they are already approved for a mortgage (not just “pre-qualified”) and they are working with a real estate team who lists lots of homes in the area they are looking because that is a GREAT way to find out about homes BEFORE they come on the market.

Here are the detailed market statistics for Vienna & Oakton:

Last week in Vienna Real Estate (22180,22181, 22182):

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  • Number of Contracts: 6
  • Average Days on Market for Active Listings: 131 days
  • Average Days on Market for Listings That Went Under Contract: 90 days
  • Inventory: 123 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.1 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.6 months

What Is My Vienna Home Worth?

Last week in Oakton Real Estate (22124):

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  • Number of Contracts: 7
  • Average Days on Market for Active Listings: 118 days
  • Average Days on Market for Listings That Went Under Contract: 80
  • Inventory: 55 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.3 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.8 months

What Is My Oakton Home Worth?

Sometimes you need to buy or sell a home no matter what is happening in the market. Maybe you’re having a baby & you need more space. Or you’re a military or relocation family who has been transferred. Or you’re looking to “right-size” your home. No matter why you’re moving, we can help you make the BEST move. If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975. We think you deserve the BEST Realtors in Northern Virginia!

Housing Inventory Does The “Limbo”!

Did you ever try doing the limbo? Then you know the saying “How low can you go?!” Well, that’s what we’re wondering about housing inventory in Vienna. While Oakton’s inventory is just about the same today as it was two weeks ago, Vienna’s inventory dropped another 5%. Based on the past 30 days’ sales, both Vienna & Oakton have a 2.3 month supply of homes on the market. And that is a Seller’s Market!

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Last week in Vienna Real Estate (22180,22181, 22182):

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  • Number of Contracts: 11
  • Average Days on Market for Active Listings: 129 days
  • Average Days on Market for Listings That Went Under Contract: 39 days
  • Inventory: 140 homes on the market
  • Number of Months Supply of Homes (Based on past 90 day contract rate): 2.1 months
  • Number of Months Supply of Homes (Based on past 30 day contract rate): 2.3 months

Last week in Oakton Real Estate (22124):

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  • Number of Contracts: 5
  • Average Days on Market for Active Listings: 103 days
  • Average Days on Market for Listings That Went Under Contract: 87
  • Inventory: 68 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): 2.3 months

Sometimes you need to buy or sell a home no matter what is happening in the market. Maybe you’re having a baby & you need more space. Or you’re a military or relocation family who has been transferred. No matter why you’re moving, we can help you make the BEST move. If you’re thinking of buying or selling a home, Contact The Belt Team at (703) 242-3975. We think you deserve the BEST Realtors in Northern Virginia!

VA Loans, Short Sales, Military Buyers & Sellers – And Golf?!

Q. What do these things all have in common?

  • VA loans
  • Short Sales from a Buyer Agent’s Perspective
  • Military Buyers & Sellers
  • Golf (?!)

A. These are the topics of discussion tomorrow on Real Estate Radio Washington!

Tune in Saturday, October 20th from 10-11AM on 1260 AM WWRC to hear Belt Team Partners Mary Jane Perry, Jennifer Riddle & Krissy Cruse as they are interviewed by nationally recognized real estate & finance expert Jim McQuaig. (And if you can’t tune in, we’ll be posting the broadcast on our Belt Team You Tube channel.)

If you’re anticipating a military move into or out of the Washington D.C. area, you’ll definitely want to hear this show. Not only are these ladies experts in their fields, but Mary Jane Perry and Krissy Cruse both have active duty spouses and came to this area themselves on a military transfer. (Mary Jane is also retired United States Navy after 20 years of service.)

And if you’re a golfer – you will find out how you can play the normally “members only” course at Trump National Golf Club on Monday, October 22nd. Not only is this a spectacular course, but you can help raise money for two local charities : “Our Military Kids” and “Lift me up”. More details about the KW McLean Charity Golf Tournament can be found at www.KWMcLeanGolf.com.