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)

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.

Tysons Village had 3 of 10 Tysons Corner area Townhomes sold in October 2009

10 Tysons Corner area, defined as 22102 and 22182 zip codes, townhomes (non-condo) were sold in October 2009.  This compared well to same month figures for last year’s october of 8 sold townhomes in the tysons corner area.  This years sales came from the communities: Courthouse Station (1), Hallcrest Heights (2), Hearthstone Courts (1), Hunting Ridge (1), Reserve at Tysons Corner (2), and Tysons Village (3).

Some General statistics or data points from October for the Tysons Corner area townhomes =

* Average Days on Market = 52

* Average Sold to List price ratio = 97%

* Average Subsidy = $800

* None of the sales were referenced as a bank owned or short sale

Here is a chart with more details on these 10 Tysons Corner Townhomes sold in October this year (2009).

10 Tysons Corner area Townhomes sold in October 2009

data from MRIS