My Real Estate Blog

The market continues to be sluggish again this week with the inventory creeping up. There are 106 net single family listings on the market in Herndon/Oak Hill. There were 11 new listings - 3 of them being homes that are being relisted. Three homes sold this week. They had been on the market 23, 69 and 110 days respectively. The one thing I noticed this week was the number of homes sold in Herndon/Oak Hill, Vienna, and Reston for the month of September. I updated those pages today and only 7 single family homes went to settlement in all of Reston in the month of September - about 1/3 the usual amount. The same with the numbers for Vienna. The numbers are really low. With interest rates low again, hopefully we will get some activity going.

Posted by Angela Mitchell on October 6th, 2007 2:55 AMPost a Comment (0)

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