« Bank of America becomes Captain America to the Rescue - makes $2B investment in Countrywide | Main | Leesburg VA Real Estate Report - August 2007 »
Herndon VA Real Estate Report - 8/07
By robertearl | August 23, 2007
Herndon VA Real Estate Report
Herndon VA Homes, Condos & Townhouses for Sale
597
Average List Price
465,055.36
Average Active Days on Market
98.3
Current Under Contract Properties
97
Average Price
495,586.08
Average Days on Market
81.9
Number Sold in Last 90 Days
224
Number Sold Per Month
75
Average List Price at time of Sale
491,657.25
Average Sold Price
474,776.94
Percent of List Price
96.6%
Days on Market - Sold
72.9
Active to Under Contract Ratio
6.15
Month Supply of Inventory
8.00
Herndon VA has one of the highest levels of inventory in the Northern Virginia Real Estate Marketplace, over 48% more inventory. This is one of the few areas where the average active list price, $465,055.36 is below the average sold price of the last 90 days, $474,776.94.
Topics: Uncategorized |