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Market Update 8/24 thru the 31st

By
Real Estate Agent with Long and Foster
A very quiet week going into Labor Day Weekend. The total net single family homes on the market in Oak Hill/Herndon is 93 - about the same as last week - good news with the foreclosures coming on. A total of 2 homes sold this week - which is the lowest that it has been all summer. 8 new listings came on - about the same. Usually this time of the year is our slowest real estate market - due to the summer hot days and vacations. September picks up as we go into Fall - so I will keep you posted. Any comments, please let me know. Since I am posting this a little late, I hope you all had a wonderful and safe Labor Day!