Market Update - Dunn Loring Woods Subdivision - Vienna, VA 22180
Today’s real estate market update discusses the Dunn Loring Woods subdivision in Vienna, VA.
About Dunn Loring Woods
The Dunn Loring Woods subdivision consists of 550 homes in Vienna, VA. Most of the homes were originally built from 1961 to 1964. The community is conveniently located near the Dunn Loring Metro (Orange Line) and close to major throughways including I-66 and 1-495. The Dunn Loring Swim Club is also located within the subdivision.
Market Analysis
Despite the economic times, this subdivision has fared very well in the last 3 months. In the last 3 months, a total of 7 properties have been sold, with almost every property getting their original list price, or higher. Even better, the days on market for most properties is under 30 days. The median sold price for these 7 properties is $495,000. Currently, there are only 2 properties under contract (both within 30 days) and there are NO active properties. Therefore, if you live in Dunn Loring Woods and are thinking of selling, now is the time to sell! There are buyers actively looking at this subdivision and ready to purchase. This is a small pocket were it is a seller’s market!
Need more information?
Please contact me at 703-349-0143 for more information and a free market analysis customized to your situation. Also, visit my website at http://aroundvienna.com for more information on local events, tips to buy and sell your house, and much more!
Photo Credit: Dunn Loring Woods Civic Association
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