JRR Tolkien once said, “His house was perfect, whether you liked food, or sleep, or work, or story-telling, or singing, or just sitting and thinking, best, or a pleasant mixture of them all.”
Could he have been talking about one of the new Sekas Homes we are holding open this weekend? Come visit us and check them out for yourself.
Saturday, Sept 5th and Sunday, Sept 6th - 1PM to 5PM
Francis Young Estates - Prices start at $1,249,900 .
15 gorgeous new homes on two cul-de-sacs in the Madison High School District! Homes are Energy Star Certified and built by master builder Sekas Homes. Ten homes are sold and five opportunities remain!
Directions: From Route 123 in Vienna, North on Beulah Rd about 3/4 mile to new cul-de-sac on left just past State Street.
Contact The Belt Team directly at (703) 242-3975 if you have questions about pricing, features, floorplans, options, etc…
Hope you had a wonderful summer. It’s hard to believe it’s time for BACK TO SCHOOL (or “the most wonderful time of the year” as some people call it <grin>)! (Remember this old Staples commercial?)
Now that the calendar page has been flipped to September, it’s time to report on August statistics for Vienna Oakton real estate. In general as compared to last year, contracts & sales were up and inventory is down. We seem to be headed back toward a more balanced market. The details are reported below.
VIENNA: Aug 09Aug 08
# New Listings 94 96
# Under Contract 76 66
# Sold/Settled 78 84
Average Days on Market
for August Solds 86 days 59 days
Highest Price Sale $1,615,000 $1,600,000
OAKTON:Aug 09Aug 08
# New Listings 24 24
# Under Contract 28 15
# Sold/Settled 24 26
Average Days on Market
for August Solds 72 days 77 days
Highest Price Sale $1,218,000 $1,450,000
What Sold (ie- went to settlement) in Oakton in August 2009?
Under $500,000:
3179 Summit Sq Dr C2 - $196,000 (no subsidy)
10012 Oakton Terrace Rd - $205,290 (less a $1,000 subsidy = $204,290 Net)
10202 Bushman Dr #203 - $245,000 (less a $7,350 subsidy = $237,650 Net)
3175 Summit Sq Dr - #5-B1 - $241,000 (less a $800 subsidy = $240,200 Net)
9923 Oakton Terrace Rd - $249,900 (no subsidy)
3031 Borge St #210 - $300,000 (no subsidy) BELT TEAM SALE!
2942 Paddock Wood ct - $320,000 (less a $10,000 subsidy = $310,000 Net)
2970 Oakleigh Ln - $380,000 (less a $5,000 subsidy) = $375,000 Net
9978 Capperton Dr - $390,000 (no subsidy)
3132 Bradford Wood Ct - $435,000 (less a $5,000 subsidy) = $430,000
$500,000 to $775,000:
10154 Turnberry Pl - $508,000 (no subsidy)
3106 Mereworth Ct - $525,000 (less a $2,000 subsidy = $523,000 Net)
10406 Lake Ridge Dr - $530,000 (no subsidy)
3078 McKinnon Way - $600,000 (no subsidy)
2786 Thaxton Ln - $620,000 (no subsidy)
9965 Cyrandall Dr - $635,000 (no subsidy) BELT TEAM LISTING SOLD! 3206 Cobb Hill Ln - $690,000 (no subsidy)
3274 Dutch Mill Ct - $765,000 (no subsidy)
10416 Hunter Ridge Dr - $783,000 (less a $10,000 subsidy = $773,000)
$775,000 to $999,000:
2735 Linda Marie Dr - $779,000 (no subsidy)
11204 James Rriver Ct - $850,000 (less a $10,000 subsidy = $840,000 Net)
$1,000,000 and up:
2801 Madison Meadows Ln - $1,100,000 (less a $25,000 subsidy = $1,075,000 Net)
11270 Waples Mill Rd - $1,118,000 (no subsidy)
11202 Sorrell Ridge Rd - $1,217,000 (no subsidy)
What Sold (ie- went to settlement) in Vienna in August 2009?
Under $500,000:
2726 Gallows Rd #1515 - $235,000 (less a $7,000 subsidy = $228,000 Net)
2618 Glengyle Dr #100 - $230,000 (no subsidy)
2726 Gallows Rd #1013 - $250,000 (no subsidy)
2470 Glengyle Dr #231 - $265,000 (less a $7,950 subsidy = $257,050 Net)
3011 Spice Ct - $280,000 (less a $1,500 subsidy = $278,500 Net)
9864 Oakdale Woods Ct - $325,000 (less a $3,000 subsidy = $322,000 Net)
2711 Belleforest Ct #404 - $350,000 (less a $4,000 subsidy = $346,000 Net)
2711 Belleforest Ct #406 - $360,000 (no subsidy)
1510 Northern Neck Dr #201 - $370,000 (no subsidy)
9624 Marywood Rd - $383,000 (no subsidy)
317 Center St N - $405,000 (no subsidy)
604 Yeonas Dr SW - $415,000 (less a $6,000 subsidy = $409,000 Net)
911 Frederick St SW - $412,000 (less a $6,000 subsidy = $406,000 Net)
2800 Balliett Ct - $413,000 (no subsidy)
811 Park St SE - $415,000 (no subsidy)
614 Kingsley Rd SW - $423,000 (less a $8,000 subsidy = $415,000 Net)
605 Delano Dr SE - $440,000 (no subsidy)
421 Yeonas Dr SW - $440,000 (less a $7,500 subsidy = $432,500 Net)
8332 Wesleyan St - $450,000 (no subsidy)
1303 Ross Dr SW - $460,000 (no subsidy)
330 Lawyers Rd - $476,000 (less a $11,000 subsidy = $465,000 Net)
2884 Sutton Oaks Ln - $469,500 (less a $915 subsidy = $468,585 Net)
2724 Shawn Leigh Dr - $475,000 (less a $5,000 subsidy = $470,000 Net)
9550 Pine Cluster Cir - $478,000 (less a $2,209 subsidy = $475,791 Net)
$500,000 to $775,000:
604 McKinley St NE - $500,000 (no subsidy)
2222 Laurel Ridge Rd - $509,250 (no subsidy)
101 Moore Ave SE - $515,000 (less a $5,000 subsidy = $510,000)
903 Dale Ct SE - $536,000 (no subsidy)
8012 Rachelle Pl - $545,000 (less a $1,000 subsidy = $544,000 Net)
2644 Bowling Green Dr - $549,900 (less a $8,300 subsidy = $541,600 Net)
8029 Trevor Pl - $550,000 (less a $5,000 subsidy = $545,000 Net)
2122 Carrhill Rd - $550,000 (less a $500 subsidy = $549,500 Net)
8235 Westchester Dr - $560,000 (less a $10,000 subsidy = $550,000 Net)
411 John Marshall Dr NE - $555,000 (less a $1,000 subsidy = $554,000 Net)
1491 Northern Neck Dr - $564,500 (no subsidy)
8401 Berea Ct - $575,000 (less a $10,000 subsidy = $565,000 Net)
300 Adahi Rd SE - $570,000 (less a $500 subsidy = $569,500 Net)
2711 Curzon Ct - $585,000 (no subsidy)
1923 Batten Hollow Rd - $599,900 (less a $5,000 subsidy = $594,900 Net)
2520 Rocky Branch Rd - $610,000 (no subsidy)
10315 Mountington Ct - $612,500 (less a $1,500 subsidy = $611,000 Net)
2505 Babcock Rd - $625,000 (less a $5,000 subsidy = $620,000 Net)
112 Tapwingo Rd SE - $625,000 (no subsidy)
10502 Cornflower Ct - $642,500 (less a $15,000 subsidy = $627,500 Net)
8033 Reserve Way #43 - $630,000 (no subsidy)
1824 Clachan Ct - $649,775 (no subsidy)
1809 St Roman Dr - $650,000 (no subsidy)
1812 Abbey Oak Dr - $658,000 (no subsidy)
9911 Oak Branch Dr - $675,000 (less a $10,000 subsidy = $665,000 Net)
1607 Lozano Dr - $682,500 (no subsidy)
2055 Woodford Rd - $714,500 (less a $12,000 subsidy = $702,500 Net)
2352 Cedar Ln - $709,000 (less a $3,000 subsidy = $706,000 Net)
1705 Abbey Oak Dr - $710,000 (no subsidy)
2067 Woodford Rd - $714,000 (no subsidy)
2131 Freda Dr - $725,000 (less a $6,565 subsidy = $718,435 Net)
7973 Vigne St - $734,000 (less a $15,250 subsidy = $718,750 Net)
2714 Hatmark St - $735,000 (less a $13,500 subsidy = $721,500 Net)
2200 Lydia Pl - $730,000 (less a $3,600 subsidy = $726,400 Net)
9831 Fox Rest Ln - $750,000 (no subsidy)
10400 Dunn Meadow Rd - $775,000 (less a $23,250 subsidy = $751,750 Net)
2001 Westwood Terr - $780,000 (less a $20,000 subsidy = $760,000 Net)
$775,000 to $999,000: 9115 Cricklewood Ct - $775,000 (no subsidy)
207 Ceret Ct SW - $794,000 (no subsidy) BELT TEAM LISTING SOLD!
2501 East Meredith Dr - $800,000 (no subsidy)
408 Marshall Rd SW - $817,830 (less a $10,000 subsidy = $807,830 Net)
2202 Central Ave - $815,000 (no subsidy)
10213 Old Hunt Rd - $830,000 (no subsidy)
9613 Chathams Ford Dr - $840,000 (no subsidy)
2000 Roundhouse Rd - $865,000 (no subsidy)
2724 Sutton Rd - $875,000 (no subsidy)
8109 Westchester Dr - $960,000 (less a $10,000 subsidy = $950,000 Net)
9835 Palace Green Way - $980,000 (no subsidy)
$1,000,000 and up:
9207 Windsor Meadows Ln - $1,075,000 (less a $1,735 subsidy = $1,073,265 net)
205 Glyndon St SE - $1,120,000 (no subsidy)
1440 Carrington Ridge Ln - $1,132,500 (no subsidy)
620 Pine Street SE - $1,170,000 (less a $10,000 subsidy = $1,160,000 Net) BELT TEAM LISTING SOLD! 9518 Francis Young Ln - $1,292,855 (less a $ 10,000 subsidy = $1,282,855 Net) BELT TEAM LISTING SOLD! 9106 Leesburg Pike - $1,615,000 (no subsidy)
For more information on any of these sales (or if you would like information on other areas such as Great Falls, McLean, Reston, etc…), or if you are thinking of buying or selling a home, please contact The Belt Team at (703) 242-3975. The Belt Team has sold more homes in Vienna Oakton than any other Realtor since 1972. It would be our pleasure to help make your real estate dreams come true!
If you are a first-time homebuyer (or have not owned a principal residence in three years), don’t miss the opportunity for an up to $8,000 tax credit!
IT’S TIME FOR LAST CALL!
Here’s what MRIS reported this week:
“Sales activity in the MRIS region continues to post strong numbers.
For the week ending August 15 there were 2,746 signed purchase agreements—up 37.0 percent from the same week in 2008. While not all of these agreements will end up closing, the robust activity is welcome news regardless.
With the federal tax credit for first-time buyers set to expire in November, expect sales to continue at a brisk pace for the next two months as the “last call before bar close” buyers take advantage of a substantial market incentive.
Supply continues to dwindle. As of August 15th there were 58,792 homes for sale in the region, down 30.8 percent from the same time last year.”