According to research recently done by Forbes, the Washington D.C. area is #1 when it comes to which major cities are emerging from the recession best. Since we are a part of that market, that should be good news for real estate here in Northern Virginia! (Almost as good as seeing the sun after all that snow . . . or seeing the tulips pop up around the “Welcome to Vienna” sign!)

Read the full article on “Cities Where The Recession Is Easing”

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Walk to Vienna Metro from this fabulous townhome in sought after Waterford subdivision. Enjoy three bedrooms, two full baths plus two half baths, hardwood floors throughout the main level, a finished basement with rec room, brand new carpet upstairs, patio & fenced yard backing to common area . . . and more!

List Price: $374,900

2921 Cashel Lane - Vienna, VA - More Info

The Belt Team LOVES selling homes in Waverly. Waverly is a wonderful subdivision of 148 homes in Vienna - near Wolftrap Elementary School and in the Madison High School district. It’s about halfway between the “Heart of Vienna” and Wolftrap Farm Park and is one of Vienna’s most popular “sidewalk” communities.

And it’s where several members of The Belt Team grew up. In fact, 5 of the 8 Belt Team members have lived in Waverly.  Remember the days when kids played neighborhood flashlight tag at night and kickball during the day? When kids built tree forts & caught pollywogs in the creek? We certainly do. Because that’s what we did many years ago when we lived in Waverly. Waverly was popular then and it remains popular now. (There’s even a Facebook group called “The Kids of Clachan Court & Waverly Development”.) 

And of the 148 homes in Waverly, The Belt Team has had 46 sales and sold some homes two and three times! We don’t just say we like to sell homes in Waverly - we sell them!

Having lived in Waverly for many years, The Belt Team intimately knows the neighborhood & can share all the benefits of both  Waverly & the greater Vienna community with potential buyers.  Here’s a video snapshot about Waverly:

And if you’re wondering how Waverly fared in the real estate market last year, here’s a market snapshot:

Six Homes Sold In Waverly in 2009:

• 1816 St Roman Drive - $521,100
• 1811 Midlothian Ct - $580,000
• 1818 Abbotsford Dr - $472,500
• 1805 St Roman Dr - $530,000
• 1824 Clachan Ct - $649,775
• 1809 St Roman Dr - $650,000

Average days on market (DOM) for Waverly homes sold in 2009 was 79 days. However, this was skewed by one particular home that was on the market for over a year. If you do not include that home in the calculation, the DOM for Waverly homes was actually 11 days - WELL BELOW the average for single family homes in all of Vienna. This tells you how popular Waverly is.

The video tour only shows a few of the homes we’ve sold there, so here’s a list of the rest. (And if you’d like your name to be added as either a Buyer of a Waverly home or a Seller of a Waverly home, contact The Belt Team. It would be our pleasure to make that happen!)

Waverly Homes Sold By the Belt Team

• 1803 Abbotsford Drive
• 1805 Abbotsford Drive
• 1804 Abbotsford Drive
• 1811 Abbotsford Drive
• 1817 Abbotsford Drive (twice)*
• 1819 Abbotsford Drive
• 1818 Abbotsford Drive
• 1822 Abbotsford Drive (twice)*
• 1826 Abbotsford Drive
• 1828 Abbotsford Drive
• 1822 Clachan Court (twice)
• 1823 Clachan Court
• 1826 Clachan Court
• 1827 Clachan Court
• 1835 Clachan Court
• 1837 Clachan Court
• 1838 Clachan Court
• 1839 Clachan Court (three times)
• 1841 Clachan Court
• 9302 Kilport Court
• 9304 Kilport Court
• 9305 Kilport Court
• 9300 Talisman Drive (twice)
• 9302 Talisman Drive
• 9304 Talisman Drive
• 9312 Telfer Court
• 9313 Telfer Court
• 9314 Telfer Court
• 1801 St. Roman Drive
• 1802 St. Roman Drive
• 1805 St. Roman Drive
• 1811 St. Roman Drive
• 1812 St. Roman Drive
• 1818 St. Roman Drive
• 1822 St. Roman Drive
• 1832 St. Roman Drive
• 1801 Midlothian Court (twice)
• 1803 Midlothian Court
• 1805 Midlothian Court

* Previous residence of a member of The Belt Team

I Want To Buy A Home in Waverly

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Speaking of open houses, that means it’s time for our Friday Open House Theme Song of the Week. This week’s song comes from 1972 - the year The Belt Team moved to Vienna. It’s called “Beautiful Sunday”. Daniel Boone (yes, that’s his name!) sings: 

Birds are singing, you by my side
Let’s take a car and go for a ride
Hey, hey, hey, it’s a beautiful day
We’ll drive on and follow the sun
Makin’ Sunday go on and on
Hey, hey, hey, it’s a beautiful day

We hope you take a ride this Sunday (or Saturday) and stop by one of our open houses! They say a man’s home is his castle - so this might be your lucky day - especially since one of the homes is on CASTLEwood Lane!

Here’s where you will find The Belt Team this weekend:

~ Saturday, March 6 from Noon to 5PM - Francis Young Estates in Vienna -$1,249,900

~ Sunday, March 7 from 1Pm to 4PM - 10182 Castlewood Ln in Oakton - $620,000

~ Sunday, March 7 from Noon to 5PM - Francis Young Estates in Vienna - $1,249,900

~ Sunday, March 7 from 1PM to 4PM - 201 Charles Street SE in Vienna - $1,295,000

10182 Castlewood Lane in Oakton - $620,000

Directions: From Vienna Metro/I-66: Take Nutley St to Maple Ave (Rt 123), Left on Maple Ave, Right on Hibbard St, Left on Castlewood to #10182.

More Info on 10182 Castlewood Ln in Oakton Video Tour

201 Charles Street in Vienna- Listed at $1,295,000

Enjoy 5 bedrooms, 4.5 baths and 3 finished levels! Brand new in the heart of Vienna . . . walking distance to great restaurants, wonderful shops & convenient to public transportation. More Info on 201 Charles St in Vienna

Directions: From Tysons: Route 123 South, Left Branch Road, Right Locust Street to corner of Charles Street on the left. Or from Vienna Metro: Nutley Street to Vienna, Right Maple Ave (Rt 123), Right Glyndon Ave, Left Locust to corner of Charles Street on the right.

Francis Young Estates - 1 new home remains - $1,249,900

One home remains in this lovely new home community of 15 homes on two cul-de-sacs in the Madison High School district! (Note - Sekas Homes is also building in other locations in Oakton and Vienna; and can also build a custom home on your lot!) More Info on Francis Young Estates in Vienna

Directions: From Rt 123 in Vienna, Proceed North on Beulah Road ¾ of a mile. New cul-de-sac “Francis Young Lane” on left just past State Street.

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You can search home prices on active homes for sale in Vienna, Oakton (or anywhere in Northern Virginia) on our web site.  And as soon as settlement occurs & the listing agent updates the MLS, the information as to Sales Price and whether the Seller paid any “subsidies” (like closing cost assistance) becomes available to us. We are happy to share that info with you. Just give us a call at (703) 242-3975.

In the meantime, for those of you who have been wondering about homes in Vienna and Oakton - here’s our detailed monthly update for February. (Reston, Great Falls & McLean summaries are also below.)

VIENNA:                                        Feb 10                Feb 09
 
# New Listings                                    84                          89                 
# Under Contract                               61                          35                 
# Sold/Settled                                    35                          37     
 
Average Days on Market
for February Solds                            39 days              86 days   
Highest Price Sale                          $1,600,000           $1,257,400
 
OAKTON:                                       Feb 10                Feb 09
 
# New Listings                                   24                          29                  
# Under Contract                               13                          18                  
# Sold/Settled                                      9                            7                               
Average Days on Market                       
for February Solds                             53 days             173 days   
Highest Price Sale                           $1,700,000          $1,500,000
 
What Sold (ie- went to settlement) in Oakton in February 2010?
 
Under $500,000 (none were family detached homes):

10116 Oakton Terrace Rd - $187,000 (less a $1,000 subsidy = $186,000 Net)
3176 Summit Square #4-E2 - $243,000 (no subsidy)
3031 Borge St #112 - $250,000 (no subsidy)
10216 Oakton Terrace Rd - $272,000 (no subsidy)
10063 Oakton Terrace Rd - $300,000 (less a $4,500 subsidy = $295,500 Net)
10340 Granite Creek Ln - $359,990 (less a $5,000 subsidy = $354,990 Net)
2957 Paddock Wood Ct - $380,000 (less a $10,000 subsidy = $370,000 Net)

 $500,000 to $775,000:

3316 Miller Heights Rd - $645,000 (no subsidy)

$775,000 to $999,000:

NONE!

$1,000,000 and up:

10495 Hannah Farm Rd - $1,700,000 (less a $7,000 subsidy = $1,693,000 Net)
 
What Sold (ie- went to settlement) in Vienna in February 2010?
 
Under $500,000 (only two were single family detached homes):

218 Locust St SE #147 - $213,400 (no subsidy)
2726 Gallows Rd #613 - $224,000 (less a $4,480 subsidy = $219,520 Net)
2726 Gallows Rd #304 - $262,000 (no subsidy)
2726 Gallows Rd #419 - $330,000 (no subsidy)
2791 Centerboro Dr #76 - $350,000 (less a $6,695 subsidy = $343,305 Net)
9934 Longford Ct - $365,000 (less a $500 subsidy = $364,500 Net)
2809 Knollside Ln - $414,000 (no subsidy)
8649 Dellway Ln - $427,000 (no subsidy)
8128 Larkin Ln - $432,000 (less a $2,000 subsidy = $430,000)
9652 Masterworks Dr - $477,000 (less a $5,100 subsidy = $471,900 Net)
211 Harmony Dr SW - $475,000 (no subsidy)
322 Owaissa Rd SE - $475,000 (no subsidy)

$500,000 to $775,000:

8318 2nd Ave - $505,000 (less a $10,500 subsidy = $494,500 Net)
8522 Pepperdine Dr - $500,000 (no subsidy)
802 Ware St SW - $510,000 (no subsidy)
2061 Pieris Ct - $539,000 (no subsidy)
8218 Bucknell Dr - $550,000 (no subsidy)
2810 Laura Gae Cir - $565,000 (no subsidy)
8042 Trevor Pl -$567,500 (no subsidy)
8028 Trevor Pl - $585,000 (no subsidy)
2849 Edgelea Rd - $612,000 (less a $10,000 subsidy = $602,000 Net)
5551 Scotch Pine Ct - $610,000 (no subsidy)
9552 Pine Bough Pl - $685,000 (less a $8,500 subsidy = $676,500 Net)
609 Sideling Ct NE - $697,000 (no subsidy)
237 Old Courthouse Rd NE - $699,880 (no subsidy)
2053 Carrhill Rd - $708,000 (less a $8,100 subsidy = $699,900 Net)
9855 Hidden Estates Cv - $750,000 (less a $5,000 subsidy = $745,000 Net)
1804 Brentridge St - $749,000 (less a $3,900 subsidy = $745,100 Net)
8651 Poplar Glen Ct - $775,000 (less a $20,000 subsidy = $755,000 Net)

$775,000 to $999,000:

2521 Lakevale Dr - $790,000 (no subsidy) BELT TEAM LISTING!
8039 Reserve Way #39 - $826,750 (no subsidy)

$1,000,000 and up:

9479 Deramus Farm Ct - $1,086,300 (no subsidy)
402 Mill St SE - $1,164,297 (no subsidy)
1475 Carrington Ridge Ln - $1,200,000 (less a $340 subsidy = $1,199,660 Net)
1802 Kilbarry Ct - $1,600,000 (no subsidy)

RESTON:                                         Feb 10                Feb 09
 
# New Listings                                     125                        142
# Under Contract                                  97                          87                            
# Sold/Settled                                      60                           63            
 
Average Days on Market
for February Solds                             57 days              68 days   
Highest Price Sale                            $1,070,000          $820,000
 
MCLEAN:                                       Feb 10                   Feb 09
 
# New Listings                                    38                          104                     
# Under Contract                                33                           39                               
# Sold/Settled                                     26                            31                                           
Average Days on Market
for February Solds                              92 days           151 days   
Highest Price Sale                          $2,700,000          $2,502,904
 
GREAT FALLS:                              Feb 10                Feb 09
 
# New Listings                                      17                          34                             
# Under Contract                                 12                            9                           
# Sold/Settled                                        5                          10                                            
Average Days on Market
for February Solds                           239 days           118 days   
Highest Price Sale                         $1,065,000          $1,921,000

For more information on any of the sales or listings above (or if you would like further information on other areas), 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 Northern Virginia than almost any other Realtor since 1972 and we also offer our expertise in areas ranging from Loudoun County to Arlington to Silver Spring! It would be our pleasure to help make your real estate dreams come true!

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Contact The Belt Team at (703) 242-3975!

Speaking of open houses, that means it’s time for our Friday Open House Theme Song of the Week. This week’s song comes from the Housemartins. Since two of our three open houses are being held at brand new homes, it made us think about “building”.  So hum along with the Housemartins as they sing their song “BUILD” - ”It’s build a house where we can stay, add a new bit every day.”

Here’s where you will find The Belt Team this weekend:

~ Sunday, Feb 28 from 1PM to 4PM - 10240 Dunfries Road in Vienna - $889,000

~ Sunday, Feb 28 from Noon to 5PM - Francis Young Estates in Vienna - $1,249,900

~ Sunday, Feb 28 from 1:30PM to 4PM - 201 Charles Street SE in Vienna - $1,295,000

10240 Dunfries Road in Vienna - Listed at $889,000

Directions: Directions from Tysons: South on Route 123, Right Flint Hill Rd, Left Vale Rd, just past the pond turn Left on Dunfries. Or from Oakton: Take Hunter Mill Rd, Right on Vale, Right on Dunfries. Or from METRO: Nutley to Maple Ave (Rt 123), Left Maple, Right Flint Hill, Left Vale, Left Dunfries.

More Info on 10240 Dunfries Rd in Vienna Video Tour

201 Charles Street in Vienna- Listed at $1,295,000

Enjoy 5 bedrooms, 4.5 baths and 3 finished levels! Brand new in the heart of Vienna . . . walking distance to great restaurants, wonderful shops & convenient to public transportation. More Info on 201 Charles St in Vienna

Directions: From Tysons: Route 123 South, Left Branch Road, Right Locust Street to corner of Charles Street on the left. Or from Vienna Metro: Nutley Street to Vienna, Right Maple Ave (Rt 123), Right Glyndon Ave, Left Locust to corner of Charles Street on the right.

Francis Young Estates - 1 new home remains - $1,249,900

One home remains in this lovely new home community of 15 homes on two cul-de-sacs in the Madison High School district! (Note - Sekas Homes is also building in other locations in Oakton and Vienna; and can also build a custom home on your lot!) More Info on Francis Young Estates in Vienna

Directions: From Rt 123 in Vienna, Proceed North on Beulah Road ¾ of a mile. New cul-de-sac “Francis Young Lane” on left just past State Street.

Search all Vienna listings

Here are the highlights:

(1) More homes went under contract in Vienna and Oakton this past week than any other week so far this year! 

(2) Inventory in both areas is slightly up. (Spring has sprung in real estate.)

(3) Months supply in Vienna is almost down to 3 months. And while Oakton still has a 3.7 month supply, this is down from 4.6 months as of last week.

Click here to request an in-depth market update for Vienna - your specific neighborhood (or one you’d like to live in!) - or any Northern Virginia area!

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This gorgeous and spacious beauty in sought after English Oaks will knock your socks off. Completely move-in ready! $620,000

10182 Castlewood Lane - Oakton, VA - More Info