The Belt Team's Northern Virginia Real Estate Blog » Blog Archive » What Happened in Vienna Oakton Real Estate in February€¦a Detailed Look

The Categories

The storage

The Meta

What Happened in Vienna Oakton Real Estate in February€¦a Detailed Look

March 10th, 2009

For those of you who are detail oriented, here is a statistical breakdown of our marketplace by zip code. Feel free to contact us for information on other zip codes. We are proud to note that historically, the average days on market for a Belt Team listing is significantly lower than the current market average. And in addition, our average sale price-to-list price ratio is much higher!

Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M Format
ZIP Code: 22181 Vienna, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009

	Residential Unit Sales Number of Bedrooms					Active Listings			Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop	Ground Rent	Residential	Condo Coop	Ground Rent	of Units Sold (No. of Units)
Under $100,000	0	0	0	0	0	0	0	0	1 -30 Days	2
$100,000 – 149,999	0	0	0	0	0	0	0	0	31-60 Days	3
$150,000 – 199,999	0	0	0	0	0	0	4	0	61 – 90 Days	2
$200,000 – 249,999	0	0	0	0	0	0	1	0	91-120 Days	1
$250,000 – 299,999	0	0	1	2	0	1	3	0	Over 120 Days	0
$300,000 – 349,999	0	0	0	0	0	2	4	0	Total	8
$350,000 – 399,999	0	0	1	0	0	2	5	0
$400,000 – 449,999	0	0	1	0	0	1	0	0	Type of Financing of Units Sold (No. of Units)
$450,000 – 499,999	0	0	1	0	0	5	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 – 599,999	0	0	1	0	0	3	0	0	Conventional	5
$600,000 – 699,999	0	0	0	0	0	7	0	0	FHA	3
$700,000 – 799,999	0	0	1	0	0	10	0	0	VA	0
$800,000 – 899,999	0	0	0	0	0	6	0	0	Assumption	0
$900,000 – 999,999	0	0	0	0	0	3	0	0	Cash	0
$1,000,000 – 2,499,999	0	0	0	0	0	13	0	0	Owner Finance	0
$2,500,000 – 4,999,999	0	0	0	0	0	1	0	0	All Other	0
$5,000,000 & Over	0	0	0	0	0	0	0	0	Unreported	0
Totals	0	0	6	2	0	54	17	0	Total	8
Grand Totals	8					71

	2009	2008	% Change
Total Sold Dollar Volume:	$ 3,386,500	$ 8,166,800	- 58.53 %
Average Sold Price:	$ 423,313	$ 628,215	- 32.62 %
Median Sold Price:	$ 407,500	$ 645,000	- 36.82 %
Total Units Sold:	8	13	- 38.46 %
Average Days on Market:	56	87	- 35.63 %
Average List Price for Solds:	$ 463,813	$ 666,715	- 30.43 %
Avg Sale Price as a percentage of Avg List Price:	91.27 %	94.23 %

Total NEW listings:	19
Total Properties Marked Contract:	6
Total Properties Marked Contingent Contract:	7
Total NEW pendings (Contracts + Contingents):	13

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.

Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22180 Vienna, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009

	Residential Unit Sales Number of Bedrooms					Active Listings			Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop	Ground Rent	Residential	Condo Coop	Ground Rent	of Units Sold (No. of Units)
Under $100,000	0	0	0	0	0	0	0	0	1 -30 Days	3
$100,000 – 149,999	0	0	0	0	0	0	0	0	31-60 Days	1
$150,000 – 199,999	0	0	0	1	0	0	2	0	61 – 90 Days	4
$200,000 – 249,999	0	0	0	0	0	0	6	0	91-120 Days	1
$250,000 – 299,999	0	0	0	1	0	1	7	0	Over 120 Days	4
$300,000 – 349,999	0	0	0	0	0	1	1	0	Total	13
$350,000 – 399,999	0	3	1	0	0	10	5	0
$400,000 – 449,999	0	0	1	0	0	8	0	0	Type of Financing of Units Sold (No. of Units)
$450,000 – 499,999	0	1	1	0	0	16	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 – 599,999	0	0	2	0	0	23	0	0	Conventional	9
$600,000 – 699,999	0	0	0	0	0	12	0	0	FHA	2
$700,000 – 799,999	0	0	0	0	0	4	0	0	VA	0
$800,000 – 899,999	0	0	1	0	0	1	0	0	Assumption	0
$900,000 – 999,999	0	0	1	0	0	3	0	0	Cash	2
$1,000,000 – 2,499,999	0	0	0	0	0	40	0	0	Owner Finance	0
$2,500,000 – 4,999,999	0	0	0	0	0	0	0	0	All Other	0
$5,000,000 & Over	0	0	0	0	0	0	0	0	Unreported	0
Totals	0	4	7	2	0	119	21	0	Total	13
Grand Totals	13					140

	2009	2008	% Change
Total Sold Dollar Volume:	$ 6,221,800	$ 6,134,900	1.42 %
Average Sold Price:	$ 478,600	$ 557,718	- 14.19 %
Median Sold Price:	$ 400,000	$ 590,000	- 32.20 %
Total Units Sold:	13	11	18.18 %
Average Days on Market:	107	127	- 15.75 %
Average List Price for Solds:	$ 549,610	$ 600,345	- 8.45 %
Avg Sale Price as a percentage of Avg List Price:	87.08 %	92.90 %

Total NEW listings:	40
Total Properties Marked Contract:	7
Total Properties Marked Contingent Contract:	13
Total NEW pendings (Contracts + Contingents):	20

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.

Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22182 Vienna, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009

	Residential Unit Sales Number of Bedrooms					Active Listings			Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop	Ground Rent	Residential	Condo Coop	Ground Rent	of Units Sold (No. of Units)
Under $100,000	0	0	0	0	0	0	0	0	1 -30 Days	1
$100,000 – 149,999	0	0	0	0	0	0	0	0	31-60 Days	4
$150,000 – 199,999	0	0	0	0	0	0	0	0	61 – 90 Days	2
$200,000 – 249,999	0	0	0	0	0	0	0	0	91-120 Days	1
$250,000 – 299,999	0	0	0	0	0	0	0	0	Over 120 Days	3
$300,000 – 349,999	0	0	0	0	0	2	0	0	Total	11
$350,000 – 399,999	0	0	0	1	0	0	1	0
$400,000 – 449,999	0	0	0	0	0	1	3	0	Type of Financing of Units Sold (No. of Units)
$450,000 – 499,999	0	0	0	0	0	3	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 – 599,999	0	0	2	0	0	14	0	0	Conventional	8
$600,000 – 699,999	0	2	2	0	0	21	0	0	FHA	2
$700,000 – 799,999	0	0	4	0	0	26	1	0	VA	1
$800,000 – 899,999	0	0	0	0	0	8	0	0	Assumption	0
$900,000 – 999,999	0	0	0	0	0	11	0	0	Cash	0
$1,000,000 – 2,499,999	0	0	0	0	0	40	0	0	Owner Finance	0
$2,500,000 – 4,999,999	0	0	0	0	0	0	0	0	All Other	0
$5,000,000 & Over	0	0	0	0	0	0	0	0	Unreported	0
Totals	0	2	8	1	0	126	5	0	Total	11
Grand Totals	11					131

	2009	2008	% Change
Total Sold Dollar Volume:	$ 7,028,575	$ 8,071,300	- 12.92 %
Average Sold Price:	$ 638,961	$ 672,608	- 5.00 %
Median Sold Price:	$ 655,000	$ 547,000	19.74 %
Total Units Sold:	11	12	- 8.33 %
Average Days on Market:	94	120	- 21.67 %
Average List Price for Solds:	$ 691,893	$ 737,583	- 6.19 %
Avg Sale Price as a percentage of Avg List Price:	92.35 %	91.19 %

Total NEW listings:	30
Total Properties Marked Contract:	7
Total Properties Marked Contingent Contract:	10
Total NEW pendings (Contracts + Contingents):	17

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.

Metropolitan Regional Information Systems, Inc. ZIP Code Statistics – <$100K to >$5M FormatZIP Code: 22124 Oakton, VA
From: 02/01/2009 to 02/28/2009 Statistics generated on: 03/06/2009

	Residential Unit Sales Number of Bedrooms					Active Listings			Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop	Ground Rent	Residential	Condo Coop	Ground Rent	of Units Sold (No. of Units)
Under $100,000	0	0	0	0	0	0	0	0	1 -30 Days	0
$100,000 – 149,999	0	0	0	0	0	0	0	0	31-60 Days	0
$150,000 – 199,999	0	0	0	0	0	1	1	0	61 – 90 Days	1
$200,000 – 249,999	1	0	0	0	0	0	12	0	91-120 Days	1
$250,000 – 299,999	0	0	0	1	0	0	7	0	Over 120 Days	4
$300,000 – 349,999	0	0	0	0	0	3	1	0	Total	6
$350,000 – 399,999	0	0	0	0	0	0	1	0
$400,000 – 449,999	0	0	0	0	0	5	1	0	Type of Financing of Units Sold (No. of Units)
$450,000 – 499,999	0	0	0	0	0	7	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 – 599,999	0	0	0	0	0	14	0	0	Conventional	6
$600,000 – 699,999	0	0	1	0	0	9	0	0	FHA	0
$700,000 – 799,999	0	0	1	0	0	10	0	0	VA	0
$800,000 – 899,999	0	0	0	0	0	8	0	0	Assumption	0
$900,000 – 999,999	0	0	0	0	0	4	0	0	Cash	0
$1,000,000 – 2,499,999	0	0	2	0	0	22	0	0	Owner Finance	0
$2,500,000 – 4,999,999	0	0	0	0	0	2	0	0	All Other	0
$5,000,000 & Over	0	0	0	0	0	2	0	0	Unreported	0
Totals	1	0	4	1	0	87	23	0	Total	6
Grand Totals	6					110

	2009	2008	% Change
Total Sold Dollar Volume:	$ 4,460,000	$ 2,290,000	94.76 %
Average Sold Price:	$ 743,333	$ 763,333	- 2.62 %
Median Sold Price:	$ 700,000	$ 770,000	- 9.09 %
Total Units Sold:	6	3	100.00 %
Average Days on Market:	188	60	213.33 %
Average List Price for Solds:	$ 908,883	$ 814,967	11.52 %
Avg Sale Price as a percentage of Avg List Price:	81.79 %	93.66 %

Total NEW listings:	28
Total Properties Marked Contract:	6
Total Properties Marked Contingent Contract:	11
Total NEW pendings (Contracts + Contingents):	17

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.

0 Comments

You must be logged in to post a comment.

Northern Virginia Real Estate: Vienna, Oakton, McLean, Great Falls, Reston, Fairfax, and surrounding areas.

The Categories

The storage

The Meta

What Happened in Vienna Oakton Real Estate in February€¦a Detailed Look

Leave a Reply