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Herndon Real Estate Price and Market Trends. End of February 2012 Report

By
Real Estate Agent with RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax


Virginia Landscape Photographer, Digital Artist and Realtor Steve BachmanThanks for stopping by our Herndon Home's Sales Report for month end February 2012.

Our goal here is to show the big picture of what is happening with  median home prices  as well as market activity.

If you have heard that real estate is doing terribly, look at the data below and make your own judgment. Northern VA's  unemployment  is one half the national average.

 

 

Fairfax County has the highest median family income in the nation for large counties and Loudoun is number one for those counties with under 300,000 residents.  Herndon homes for sale Jan and Steve Bachman

I don't know about you, but to me it looks as if the graphs below show that prices came down from their highs in 2005-2006 to bottom in early spring 2009.

What the future holds, know one knows..... but we can say what is happening today and what has happened in the past with 100% accuracy.

 

Availability of homes for sale is it a 5 year low in 20171 and is mirrored in zip code 20170. Low inventory with steady demand has pushed prices up. Here's what that looks like:


 


Check the other data below and see what you think.....



If you are not familiar with Herndon VA, it is near Dulles Airport and along with its neighbor's Reston, Ashburn, Vienna and Tysons Corner it forms the backbone of the hottest high tech job market in the country. Let's see what the guy below has to show us about Old Town Hermdon

 

If you have a Herndon Virginia address, there is a very good chance that the home you are living in was built after 1985.

Well, what did Herndon used to look like before it became a large star on the map of the Information Super Highway?

As my children would say, what did it look like in the "olden days" which to them means the 1960's.

 

 

 

 

 

 

 

 Virginia Landscape Photographer, Digital Artist and Realtor Steve Bachman

Don't forget, you can set up your own private home search right here. Search Like an Agent. No one will bother you. 

Just play around. No hassle, no spam, we won’t bug you.

Fresh listings emailed to you. Want more info.

Drop us a line. You’re in control.

Want to take a tour of homes you like in Herndon, Reston or Sterling? Drop us a line and we will make the arrangements.


Herndon real estate agents, homes for sale in Herndon, Townhouses for sale in Herndon, Listing Agents in Herndon, condos for sale in Herndon, new homes in Herndon, Herndon home buyer's agents, Franklin Farm, Chantilly Highlands, Bradley Farm, Franklin Glen, Old Town Herndon


 

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Why pay more and get less when selling your home? Jan and Steve Bachman of RE/MAX Gateway use professional photographers, create interactive photo floor plans, print full color brochures, and make an individual property website for your listing that goes out to 40+ public real estate search sites including Realtor.com, Trulia, Zillow etc.

 

We also create a custom photo tour that is sent to other agents and prospective buyers.

 

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RE/MAX Hall of Fame, Platinum Club, A Washingtonian Magazine Top Agent 2018

Happy to Help. No Hassle, No Pressure.

Jan and Steve Bachman are full time Realtors® with RE/MAX, specializing in Homes for Sale in Fairfax, Loudoun, Prince William and Arlington Counties.

    

 

Our 3 rescue dogs have been GREAT! Go get a couple.

Comments (2)

Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland

Wow. This is the Taj Mahal of market reports. You really have everything covered and it's visually pleasing to the eye too. Great job Sir.

Feb 23, 2012 10:44 AM
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

Ellie, I am trying to build sort of mini websites for various communities that have all the info folks usually want in one place.

Feb 23, 2012 08:05 PM