Tysons Corner (McLean + Vienna) Area Townhomes Sold in November 2009

December 8th, 2009 Jeff Wu Posted in Courthouse Station, Courts of Tysons, Hallcrest Heights, Hunting Ridge, The Reserve at Tysons, Townhomes, Tysons Village, Uncategorized, Wheystone Comments Off

In November 2009 there were 9 Townhomes sold in the parts of Vienna (22182) and McLean (22102) that make up and border Tysons Corner.  These homes were sold in Courthouse Station (2), Courts of Tysons (2), Hunting Ridge, The Reserves at Tysons, Tysons Village, Westwood Towns, and Wheystone.  These homes sold at an average of 96% NET SOLD price compared to the list price at the time of contract.  They also sold in an average of 56 days on the market.  None of the 9 Tysons Corner Area townhomes sold in November are described as bank owned or short sale (distress situations).

November 2009 Tysons Corner Townhomes Sold (9)

November 2009 Tysons Corner Townhomes Sold (9)

These numbers compare well with the 5 sold in the same month, November, of the preivous year (2008).  In 2008 the 5 sold in Tysons Corner area sold in an average of 92 days on market, and 95% NET SOLD to list price at the time of contract.

Right now there are 21 Tysons Corner area townhomes Under Contract.  The Reserve at Tysons Corner leads the pack with 45 properties under contract.  Other communities with sales pending are: Battery Park, Cedars of Tysons, Courts of Tysons, Hahn Property, Hallcrest Heights, Hunting Ridge, Madrillon Springs, McLean Court, Merry Oaks, and Tysons Village.  Of these 21, none are listed as foreclosure or bank owned, but 9 are described as being potential short sales.

There continues to be a lack of inventory across the board in our area, Tysons Corner area townhomes being no exception, as there is only one property available on the market.  That property is in the Hahn Property neighborhood and is asking $545,000 and has been on the market 223 days.

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Under Contract now in and near Tysons Corner (22182 zip)

November 27th, 2009 Jeff Wu Posted in Courts of Tysons, Hahn Property, Single Family Homes, The Reserve at Tysons, Tiburon, Townhomes, real estate Comments Off

Key stats for the 22182 zip code =

* – 53 homes/properties under contract

* – Of the 53 under contract: 1 is a condominium, 17 are townhomes, and the rest, 36 are single family homes

* – The average time on the market prior to getting a contract, for all properties, was 81 days, the low was 0 days, and the high was 515 days

* – 17 of the 53 properies are listed as potential short sales

* – non of the 53 properties references being a foreclosure

* – The Reserve at Tysons seems to have the most properties under contract of all neighborhoods (5).  Hahn Property, Courts of Tysons, and Tiburon, are neighborhoods that all tie for second place with 3 properties under contract in each.

Under Contract right now in Tysons Corner area zip code 22182

Under Contract right now in Tysons Corner area zip code 22182

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September + October 2009 Sales Activity in Tysons Manor + Courts of Tysons (Tysons Corner Townhomes)

November 3rd, 2009 Jeff Wu Posted in Courts of Tysons, Townhomes, Tysons Manor Comments Off

Although there is nothing available for sale right now in the two Tysons Corner Townhome communities, Tysons Manor + Courts of Tysons did see some activity in September + October of this year (2009).

Right now there are 3 tysons corner townhomes under contract in the Courts of Tysons.  They range in asking price from $326,000 to $394,888.

During this same two month period, September + October 2009, there were two sales.  One in each of the communities, Tysons Manor + Courts of Tysons.  The Tysons Manor property was a bank owned property, that had mold, drywall, and roof issues.  This tysons corner townhome sold in 39 days on the market after reducing it’s price.  It sold for a $330,000 and $5,000 in subsidy to the buyer for a net price of $325,000.  The Courts of Tysons townhome sold for $383,000 and a seller subsidy to buyer of $1,000, to equal a net price of $382,000.

See all the September and October Tysons Manor + Courts of Tysons townhome sales data below.

Tysons Manor + Courts of Tysons 9/09 + 10/09 sales data

Tysons Manor + Courts of Tysons 9/09 + 10/09 sales data

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