My Real Estate Blog

The market continues to do well for those homes that show great and are well priced. The number of sales are a little lower the last few weeks but August is usually a pretty dormant time of the year. The inventory continues to stay low so that is good for the sellers. We have 54 single family homes on the market in Oak Hill/Herndon. There were 9 new listings - 1 was a relist. To see those, click http://matrix.mris.com/Matrix/Public/Email.aspx?ID=32466496504. We had 6 sell this week - which is great for this time of the year. The solds can be seen at http://matrix.mris.com/Matrix/Public/Email.aspx?ID=32466513455. One was a short sale. Most of these homes this week were on the market quite a while and had significant price drop from where they started. 1/2 were over 100 days on the market. It would be great if this continues through August and then we should see an improvement in sales in September as more new listings come on the market.

Posted by Angela Mitchell on August 15th, 2009 4:43 AMPost a Comment (0)

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