Oakton Virginia Real Estate Sales Market Report for December 2009

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December 2009 Oakton Real Estate Sales Market Report
*57 Active Homes

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Summary:

A few more TH sold this month in Oakton vs last month. But sales are staying right around 20% of the active homes. Distressed properties are few and far between here also.  As you can see there is a big jump in Single Family home prices vs. Townhomes.  There are not to many small Single Family homes here in Oakton. But the million dollar mansions are selling really well.

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

Single Family Homes Oakton

• Sold Oakton Homes in December 2009: 8 homes
• Average Sold Price: $1,122,000
• Median Sold Price: $774,500
• Homes sold for about: 87.4% of asking price
• Average Days on Market: 94 days 

Out of the 8 Oakton home sales in December - 0 (0%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Oakton

• Sold Oakton Townhomes in December 2009: 6 homes
• Average Sold Price: $414,583
• Median Sold Price: $393,500
• Homes sold for about 98.8% of asking price
• Average Days on Market: 30 days

Out of the 6 Oakton townhomes that sold in December - 1 (17%) were distressed (foreclosure, bank owned, short sale).

Condos in Oakton

• Sold Oakton Condos in December 2009: 3 homes
• Average Sold Price: $264,000
• Median Sold Price: $262,000
• Homes sold for about 97% of Asking price
• Average Days on Market: 36 days

Out of the 3 Oakton condos that sold in December - 1 (33%) were distressed (foreclosure, bank owned, short sale).


Oakton zip codes - 22124

  Email: natejohnson@kw.com

703-725-2929