Thanks for stopping by our Herndon Home's Sales Report for May/June 2014.
Our goal is to show you the big picture of what is happening with median home prices as well as market activity in the Herndon/Oak Hill communities of zip codes 20170 and 20171.
The late spring/early summer purchasing bash has slowed down slightly with inventories growing just a bit. This is good news for buyers, who were getting frustrated with the lack of choice and the fact that really well prepared homes were getting multiple offers in less than a week. 49 homes sold in the Herndon zip code of 20171 during the month of May compared to 19 in the month of January. Zip code 20170 had 42 sales in May 2014 compared with 16 in January.
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.
Combine those facts with the continued growth of our high tech sector and the small inventory of available homes for sale and you get increasing property values all over Northern Virginia.
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 up from its 5 year low in zip code 20171 and is mirrored in 20170. Lower inventory with higher demand has been pushing prices up. Here's what that looks like:
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.
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.
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.
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With the some of the nation's highest median family income counties, outstanding schools and a hot job market driving it all, you should move to Fairfax, Loudoun or Prince William counties.
Here is a photo tour of home styles and countryside that you can expect to find in Northern Virginia:
http://video214.com/play/ngb0RJKin5pR3jr2CUotnw/s/dark
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.
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