Market Conditions for Herndon, Virginia Reported by Glenda Cherry, ABR, e-PRO, SRES, RE Updated November 30, 2009.

Current Market Rating: 3 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 2 1 2 3 4 5 Falling Rising

As of November 9, 2009, there were 328 active listings in Herndon. During the month of October, 2009, there were 74 closed residential sales (down from 94 sales in September), 116 new listings and 94 new pending sales. The average sales price was $373,987 (down from $384,997 in September); the median sales price was $318,000 (down from $335,000 in September); the average number of days on market was 35 (down from 42 in September).

Check my web site for graphs depicting historical home sale data over the last 2 years and a list of recent home sales in Herndon. Click on the "Herndon" button at the top of the page.

For more information regarding these statistics, please feel free to contact me directly, either by phone or email.

Want to know what your home is worth? Contact me for a free, no-obligation Home Valuation Report!

(Source: Metropolitan Regional Information Systems, Inc. (MRIS) - Information deemed reliable, but not guaranteed.)

ZIP Codes: 20170, 20171

Location Characteristics: Located in western Fairfax County, the Town of Herndon is the third largest town in Virginia and is home to approximately 23,000 residents. A significant portion of the 20170 zip code includes homes with a Herndon mailing address that are located outside the town limits; the total population of 20170 is approximately 39,000. In addition, the 35,000 residents in the 20171 zip code (located mostly south of the Dulles Toll Road) have a Herndon mailing address; this area is also known as Oak Hill. Convenient to Dulles Airport and major commuter routes, the healthy balance of commercial, residential and recreational components has made Herndon/Oak Hill one of the largest technological crossroads in the country.

For More Information:

• Visit My Web Site
  
• View My Newsletter
  
• Ask Me A Question