December 2009 Herndon Real Estate Sales Market Report
*88 Active Homes
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Summary:
We sold a few more TH this month but other than not much change. Herndon is following suit with all the cities in Fairfax County, in that there active homes on the market increased also this month. Distressed properties are down here in Herndon. Alexandria and Centreville are now the front runners for distressed properties. There will still be distressed properties here in herndon for a while though.
Contact us if you are thinking about buying or selling in Herndon
Single Family Homes Herndon
- Sold Herndon Homes in December 2009: 23 homes
- Average Sold Price: $554,169
- Median Sold Price: $380,000
- Homes sold for about: 98.6% of asking price
- Average Days on Market: 36 days
Out of the 23 Herndon home sales in December - 5 (22%) were distressed (foreclosure, bank owned, short sale).
Townhomes in Herndon
- Sold Herndon Townhomes in December 2009: 31 homes
- Average Sold Price: $247,788
- Median Sold Price: $210,000
- Homes sold for about 99.3% of asking price
- Average Days on Market: 36 days
Out of the 31 Herndon townhomes that sold in December - 11 (35%) were distressed (foreclosure, bank owned, short sale).
Condos in Herndon
- Sold Herndon Condos in December 2009: 14 homes
- Average Sold Price: $182,686
- Median Sold Price: $165,000
- Homes sold for about 101.3% of Asking price
- Average Days on Market: 35 days
Out of the 14 Herndon condos that sold in December - 12 (86%) were distressed (foreclosure, bank owned, short sale).
Herndon zip codes - 20170, 20171, 20172, 20192, 22095
Email: natejohnson@kw.com
703-725-2929
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