Oakton Home Market at a Glance – October 2013

By
Real Estate Sales Representative with Keller Williams

Number of Homes Currently for Sale as of today, November 14th, 2013
Single family, detached - 47
Condos - 13
Townhouses – 9

Number of Closed Sales in October
Single family, detached - 7
Condos - 5
Townhouses - 8

Median Sale Price in October
Single family, detached - $675,000
Condos – $262,000
Townhouses – $507,450

Average number of days on the market in October
Single family, detached - 39
Condos – 28
Townhouses – 30

Number of sales currently pending
Single family, detached - 26
Condos - 15
Townhouses – 11

Average Sale Price for Homes
Detached homes - $740,857
Attached homes – $419,557

Average List Price for Homes
$537,192

Average Sale Price to List Price Ratio
97.8%

Absorption Rate as of today, November 14th, 2013
Single family, detached – 6.71 months
Condos – 2.6 months
Townhouses – 1.13 months

If you’re thinking of selling your Oakton home, call me on my cell phone at 703-462-0700 and ask for a free comparative market analysis.

If you’re a home buyer who’s looking for real estate in Oakton, contact me so I can go to work for you. I great up in this area and know the Oakton home market very well.

To learn more about the home market in Oakton, visit my blog: http://northernvirginiahomepro.com/oakton-home-market-report-for-october-2013/

Check out my website to search online for Oakton real estate: http://www.searchnorthernvarealestate.com/

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