Oak Hill Herndon Real Estate Market Information

The market continues to be very strong for sellers. I put a townhouse on the market this last weekend and the home received 7 contracts and went $20,000 over list price. Pretty much hard to get any house under $450,000 in the 20171 zip code. We had 9 new homes come on the market this week. We have 37 single family homes on the market. The inventory is still staying low. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=79549985767. We had 9 homes sell this week, to see those homes click: http://mrislistings.mris.com/DE.asp?ID=79550026738. Congratulations to all the sellers. Have a great Memorial Day weekend coming up!
Posted by Angela Mitchell, Associate Broker on May 20th, 2018 8:26 AM
The market was hot this week. Flowers are in bloom. Spring is here and sellers are putting their homes on the market. We had 14 new listings come on the market this week. To see those homes, click  http://mrislistings.mris.com/DE.asp?ID=79304294271.We now have 41 single family homes on the market in Oak Hill/Herndon. The best news is that we had 14 homes sold in this week - our best week so far this year. To see the sold homes, click http://mrislistings.mris.com/DE.asp?ID=79304326346
Posted by Angela Mitchell, Associate Broker on May 5th, 2018 11:22 AM
The market is still pretty hot but it may be starting to slow down as it gets into the end of school, prom and graduation. Hopefully, May will be as strong as April. Our inventory is still running low and has not ever reached the norm of 50 to 70 listings on the market. We have 9 new listings this week and we have 33 single family homes on the market in Oak Hill Herndon. To see the new listings, click: http://mrislistings.mris.com/DE.asp?ID=79228579100. We had 13 listings sell this week, which I think is the best week we have had so far this year. To see the sold listings, click: http://mrislistings.mris.com/DE.asp?ID=79228652442. It looks like Spring is finally here - weather wise! Enjoy
Posted by Angela Mitchell, Associate Broker on May 1st, 2018 2:41 PM
The market is in full swing. We had lots of new listings this week. We had 11 new homes come on the market this week. The inventory is up to 44 single family homes in Oak Hill Herndon. To see those homes, click:  http://mrislistings.mris.com/DE.asp?ID=79044361502. Congrats to my buyers who bought their new home in Franklin Oaks backing to the lake - absolutely beautiful. We got into a bidding war and we won. Tough market. A big congrats!! We had 6 homes sell this week. To see those homes, click: http://mrislistings.mris.com/DE.asp?ID=79044316153. Have a great week!
Posted by Angela Mitchell, Associate Broker on April 21st, 2018 4:56 PM
It looks to me that the inventory of single family homes in Oak Hill/ Herndon is not going to substantially increase this Spring Market. It will make it hard for buyers to find their home and prices will continue to be strong and remain a sellers market. By now, we should have seen a substantial increase in net inventory. It also maybe that the weather is still cold and the sellers are waiting till the trees come in. We had only 7 new listings come on the market this week. Other years, we have had over 20 new homes come on the market at this time of the year. We have 41 single family homes on the market in Oak Hill Herndon. To see the new homes, click  http://mrislistings.mris.com/DE.asp?ID=78949903376. We  had 9 homes sell this week which is a good number. To see those listings that got contracts, click  http://mrislistings.mris.com/DE.asp?ID=78949958760. Have a great week!
Posted by Angela Mitchell, Associate Broker on April 16th, 2018 9:12 AM
The market is in full swing - the Spring market is here even if the weather does not quite feel like it. We should start seeing an increase in new listings unless we are going to stick with the inventory shortage for the entire year. This coming weekend should be a big one. This week, we had 9 new listings and a net inventory of 39 single family homes on the market. To see the new listings, click: http://mrislistings.mris.com/DE.asp?ID=78866062002. We had 7 homes sell this week. To see those homes, click: http://mrislistings.mris.com/DE.asp?ID=78866099838. Have a great week!
Posted by Angela Mitchell, Associate Broker on April 12th, 2018 11:12 AM
As we approach the Spring market, we should see of new homes come on the market. Hopefully it will end the shortage of homes in NOVA. We had 5 new homes come on the market in Oak Hill Herndon this week. To see those homes, click: http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-419952364-462. The inventory is still increasing - we have 39 single family homes on the market. Still a low number but the net is going up. 7 homes sold this week - which is great considering this was Spring Break for our area. Families tend to go out of town this week. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?ID=78684318655. Have a Happy Easter!
Posted by Angela Mitchell, Associate Broker on April 1st, 2018 2:17 PM
The market is revving up. At this point, it is a strong seller market. We had 3 new homes come on the market this week and we have 33 single family homes on the market in Oak Hill Herndon. To see the new listings, click:  http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-419202004-739. As you can see the inventory had doubled in the past 2 weeks. We had 9 homes sell this week. To see the homes that got contracts, click here  http://mrislistings.mris.com/DE.asp?k=524916XMWTP&p=DE-419202283-544. We should start seeing an increase in inventory starting the weekend after Easter. Have a great week.
Posted by Angela Mitchell, Associate Broker on March 29th, 2018 2:05 PM
The market continues to be a very hot market for sellers. The inventory is starting to net up so this may help the buyer some. They will have more to choose from. There were 12 new homes coming on the market this week so you can see the number of new homes entering the market is starting to increase. We have 30 single family homes on the market in Oak Hill Herndon. To see the new homes, click http://mrislistings.mris.com/DE.asp?ID=78468350590. We had 7 homes sell this week. To see the sellers who received contracts this week, click http://mrislistings.mris.com/DE.asp?ID=78468422706. A great week for sellers again. I can't imagine what will happen if Amazon decides to locate here. Thoughts?
Posted by Angela Mitchell, Associate Broker on March 19th, 2018 2:52 PM
The market is starting to get in high gear for Spring. The net inventory numbers are going up so that may change the balance of sellers and buyers. There has been a shortage of inventory and a lot of buyers. We had 9 new listings come on the market this week. We have 32 single family homes on the market - about double what it was three weeks ago. To see the new homes, click: http://mrislistings.mris.com/DE.asp?ID=78313602950. We had 6 homes sell this week. So you can see the number of sold listings is less than the new listings coming on the market, which results in a net increase of active listings on the market. To see the sold homes, click: http://mrislistings.mris.com/DE.asp?ID=78313727979. Have a great week!
Posted by Angela Mitchell, Associate Broker on March 12th, 2018 1:38 PM

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