The Belt Team’s Northern Virginia Real Estate Blog » Blog Archive » For the Engineers in Our Reading Audience…A Detailed Look at What Happened in Vienna Oakton Real Estate in March

For the Engineers in Our Reading Audience…A Detailed Look at What Happened in Vienna Oakton Real Estate in March

April 10th, 2009

Metropolitan Regional Information Systems, Inc.
ZIP Code: 22181 Vienna, VA
From: 03/01/2009 to 03/31/2009 Statistics generated on: 04/08/2009

	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	1	0	31-60 Days	3
$150,000 - 199,999	0	0	0	0	0	0	3	0	61 - 90 Days	0
$200,000 - 249,999	0	0	0	1	0	0	0	0	91-120 Days	1
$250,000 - 299,999	0	0	0	1	0	2	2	0	Over 120 Days	4
$300,000 - 349,999	0	0	0	1	0	2	3	0	Total	10
$350,000 - 399,999	0	1	0	0	0	1	5	0
$400,000 - 449,999	0	0	0	0	0	3	0	0	Type of Financing of Units Sold (No. of Units)
$450,000 - 499,999	0	1	0	0	0	6	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 - 599,999	0	1	1	0	0	8	0	0	Conventional	8
$600,000 - 699,999	0	0	1	0	0	8	0	0	FHA	2
$700,000 - 799,999	0	0	1	0	0	9	0	0	VA	0
$800,000 - 899,999	0	0	0	0	0	5	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	1	0	0	16	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	3	4	3	0	65	14	0	Total	10
Grand Totals	10					79

	2009	2008	% Change
Total Sold Dollar Volume:	$ 5,666,316	$ 8,756,900	- 35.29 %
Average Sold Price:	$ 566,632	$ 583,793	- 2.94 %
Median Sold Price:	$ 516,200	$ 580,000	- 11.00 %
Total Units Sold:	10	15	- 33.33 %
Average Days on Market:	142	110	29.09 %
Average List Price for Solds:	$ 599,580	$ 625,727	- 4.18 %
Avg Sale Price as a percentage of Avg List Price:	94.50 %	93.30 %

Total NEW listings:	29
Total Properties Marked Contract:	5
Total Properties Marked Contingent Contract:	12
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: 22180 Vienna, VA
From: 03/01/2009 to 03/31/2009 Statistics generated on: 04/08/2009

	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	6
$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	0	3	0	61 - 90 Days	1
$200,000 - 249,999	0	0	0	1	0	0	6	0	91-120 Days	1
$250,000 - 299,999	1	0	0	1	0	0	5	0	Over 120 Days	5
$300,000 - 349,999	0	1	0	0	0	1	1	0	Total	13
$350,000 - 399,999	0	1	0	0	0	8	4	0
$400,000 - 449,999	0	0	0	0	0	7	0	0	Type of Financing of Units Sold (No. of Units)
$450,000 - 499,999	0	2	0	0	0	17	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 - 599,999	0	1	0	0	0	26	0	0	Conventional	8
$600,000 - 699,999	0	1	0	0	0	14	0	0	FHA	1
$700,000 - 799,999	0	0	1	0	0	1	0	0	VA	1
$800,000 - 899,999	0	0	0	0	0	1	0	0	Assumption	0
$900,000 - 999,999	0	0	0	0	0	2	0	0	Cash	2
$1,000,000 - 2,499,999	0	0	3	0	0	42	0	0	Owner Finance	1
$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	1	6	4	2	0	119	19	0	Total	13
Grand Totals	13					138

	2009	2008	% Change
Total Sold Dollar Volume:	$ 7,993,400	$ 13,950,885	- 42.70 %
Average Sold Price:	$ 614,877	$ 606,560	1.37 %
Median Sold Price:	$ 490,000	$ 500,000	- 2.00 %
Total Units Sold:	13	23	- 43.48 %
Average Days on Market:	125	114	9.65 %
Average List Price for Solds:	$ 665,612	$ 630,132	5.63 %
Avg Sale Price as a percentage of Avg List Price:	92.38 %	96.26 %

Total NEW listings:	37
Total Properties Marked Contract:	15
Total Properties Marked Contingent Contract:	26
Total NEW pendings (Contracts + Contingents):	41

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: 22182 Vienna, VA
From: 03/01/2009 to 03/31/2009 Statistics generated on: 04/08/2009

	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	2
$150,000 - 199,999	0	0	0	0	0	0	0	0	61 - 90 Days	1
$200,000 - 249,999	0	0	0	0	0	0	0	0	91-120 Days	5
$250,000 - 299,999	0	0	0	0	0	0	0	0	Over 120 Days	5
$300,000 - 349,999	0	0	0	0	0	1	0	0	Total	15
$350,000 - 399,999	0	0	0	0	0	0	2	0
$400,000 - 449,999	0	1	1	0	0	3	2	0	Type of Financing of Units Sold (No. of Units)
$450,000 - 499,999	0	0	0	0	0	1	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 - 599,999	0	2	1	0	0	20	0	0	Conventional	13
$600,000 - 699,999	0	0	2	0	0	26	0	0	FHA	0
$700,000 - 799,999	0	0	2	0	0	25	0	0	VA	2
$800,000 - 899,999	0	0	1	0	0	8	0	0	Assumption	0
$900,000 - 999,999	0	0	1	0	0	9	0	0	Cash	0
$1,000,000 - 2,499,999	0	0	4	0	0	51	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	3	12	0	0	144	4	0	Total	15
Grand Totals	15					148

	2009	2008	% Change
Total Sold Dollar Volume:	$ 11,751,690	$ 7,745,000	51.73 %
Average Sold Price:	$ 783,446	$ 704,091	11.27 %
Median Sold Price:	$ 730,000	$ 640,000	14.06 %
Total Units Sold:	15	11	36.36 %
Average Days on Market:	124	217	- 42.86 %
Average List Price for Solds:	$ 874,410	$ 805,908	8.50 %
Avg Sale Price as a percentage of Avg List Price:	89.60 %	87.37 %

Total NEW listings:	52
Total Properties Marked Contract:	15
Total Properties Marked Contingent Contract:	11
Total NEW pendings (Contracts + Contingents):	26

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: 22124 Oakton, VA
From: 03/01/2009 to 03/31/2009 Statistics generated on: 04/08/2009

	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	1	0	61 - 90 Days	2
$200,000 - 249,999	0	0	0	2	0	1	10	0	91-120 Days	3
$250,000 - 299,999	0	1	0	0	0	1	4	0	Over 120 Days	5
$300,000 - 349,999	0	0	0	0	0	5	2	0	Total	14
$350,000 - 399,999	0	0	0	0	0	0	0	0
$400,000 - 449,999	0	2	0	0	0	2	1	0	Type of Financing of Units Sold (No. of Units)
$450,000 - 499,999	0	0	0	0	0	6	0	0	Type of Financing of Units Sold (No. of Units)
$500,000 - 599,999	0	0	3	0	0	12	0	0	Conventional	9
$600,000 - 699,999	0	0	3	0	0	10	0	0	FHA	4
$700,000 - 799,999	0	0	1	0	0	10	0	0	VA	0
$800,000 - 899,999	0	0	1	0	0	5	0	0	Assumption	0
$900,000 - 999,999	0	0	0	0	0	5	0	0	Cash	1
$1,000,000 - 2,499,999	0	0	0	0	0	32	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	0	3	8	3	0	93	18	0	Total	14
Grand Totals	14					111

	2009	2008	% Change
Total Sold Dollar Volume:	$ 6,889,250	$ 9,445,000	- 27.06 %
Average Sold Price:	$ 492,089	$ 787,083	- 37.48 %
Median Sold Price:	$ 510,000	$ 675,000	- 24.44 %
Total Units Sold:	14	12	16.67 %
Average Days on Market:	101	71	42.25 %
Average List Price for Solds:	$ 531,864	$ 819,457	- 35.10 %
Avg Sale Price as a percentage of Avg List Price:	92.52 %	96.05 %

Total NEW listings:	32
Total Properties Marked Contract:	6
Total Properties Marked Contingent Contract:	14
Total NEW pendings (Contracts + Contingents):	20

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

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