Well, this week continues to do what it did for the past 2 weeks - pretty much nothing. We still have 53 active listings, single family homes, in Oak Hill/Herndon - so not much increase in inventory - again, good news for the sellers. There were 7 new listings - 3 were relisted homes. Check out
this link to see them http://matrix.mris.com/Matrix/Public/Email.aspx?ID=28906417037 Of those 7, 3 of them were new foreclosures to the market - not a good sign for our market because the sellers have to compete with them. The not so good news is that there were only 2 homes that sold this week. One was a 1.1 million dollar home in terrific shape and sold in 19 days. The other - I am not sure what it was. It was a foreclosure listed at $168,000 - which I did not know we had anything in that price range. The picture shows a home on Centreville Rd on .79 acre. It sounds like it was a great deal for a lot. You can see the 2 sales with this link http://matrix.mris.com/Matrix/Public/Email.aspx?ID=28906439724