My Real Estate Blog

August 6th, 2007 8:12 AM
We had a significant drop in inventory going into this weekend in Oak Hill/Herndon. The total number of single family active listings for this weekend is 93. If the inventory continues to drop, buyers will have a harder time finding great homes. Prices on homes in great condition will be stronger. The inventory is now sitting at December 06/early Spring numbers. 9 new homes came on the market this weekend and 4 homes got contracts. This was also lower this week. The four homes were on the market  19 to 175 days - majority selling under 60 days.  I just sold my last active listing - on the market 18 days. If you are looking to sell or buy - let me know. I am ready to market your home or help you purchase a new home. Welcome to August. 30 more days and the kids will be back in school. This is the big beach month.

Posted by Angela Mitchell on August 6th, 2007 8:12 AMPost a Comment (0)

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