Herndon Virginia Real Estate Sales Market Report for November 2009

MyFairfaxCountyRealEstate.com

November 2009 Herndon Real Estate Sales Market Report

*56 Active Homes

Summary:

Herndon continues to have a high number of distressed properties each month.  There are definately some great deals here. Our sales for this month were just slightly lower than last month. Surprisingly there are only 56 active homes right now in Herndon.  Our numbers for December should be slightly lower but then pick up at the begining of the year.

Contact us if you are thinking about buying or selling in Herndon

Single Family Homes Herndon

• Sold Herndon Homes in November 2009: 21 homes
• Average Sold Price: $408,439
• Median Sold Price: $380,000
• Homes sold for about: 99.5% of asking price
• Average Days on Market: 24 days 

Out of the 21 Herndon home sales in November - 10 (48%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Herndon

• Sold Herndon Townhomes in November 2009: 22 homes
• Average Sold Price: $269,318
• Median Sold Price: $199,000
• Homes sold for about 100% of asking price
• Average Days on Market: 29 days

Out of the 22 Herndon townhomes that sold in November - 11 (50%) were distressed (foreclosure, bank owned, short sale).

Condos in Herndon

• Sold Herndon Condos in November 2009: 11 homes
• Average Sold Price: $222,223
• Median Sold Price: $200,500
• Homes sold for about 100.3% of Asking price
• Average Days on Market: 11 days

Out of the 11 Herndon condos that sold in November - 4 (36%) were distressed (foreclosure, bank owned, short sale).


Herndon zip codes - 20170, 20171, 20172, 20192, 22095

  Email: natejohnson@kw.com

703-725-2929