Luxury Homes
Over the last 14 days, buyers are not active — a sign this move toward Neutral hasn't yet been confirmed by fresh demand.
Market Update: Oakton's inventory has plunged while contracts stayed flat, and inactive buyer traffic means this tightening hasn't yet been tested by real demand. Last 14 days, buyer activity is quiet. This week is not a good time for sellers to bring homes on the market.
Oakton Luxury Market
|
Current Market 30 Day Inv-75%
30 Day Sales0%
%UC37% (Buyer's)
14 Day Absorption Rate14%
|
Year to Date YTD Inv-4%
YTD Sales0%
Success Rate75%
YTD Prices-6%
|
A 75% success rate puts Oakton near average despite the current inventory crunch.
Year to Date News: A 75% success rate puts Oakton near average — the current inventory crunch hasn't yet translated into a meaningful shift in YTD results.
| Rank | Market | 30D Inv | 30D Sales | %UC | 14D Absorption | Control |
|---|---|---|---|---|---|---|
| 1 | Reston | 33% | 100% | 50% | 33% | Neutral |
| 2 | Oakton | -75% | 0% | 37% | 14% | Buyer's |
| 3 | Centreville | -20% | -83% | 30% | 0% | Buyer's |
| 4 | McLean | 24% | -24% | 27% | 16% | Buyer's |
| 5 | Fairfax | 40% | -20% | 24% | 0% | Buyer's |
| 6 | Vienna | 5% | 29% | 23% | 24% | Buyer's |
| — | Averages | 1% | 0% | 32% | 15% | Buyer's |
| Rank | Market | YTD Inv | YTD Sales | Success | YTD Prices |
|---|---|---|---|---|---|
| 1 | Reston | 33% | 100% | 83% | 8% |
| 2 | Oakton | -4% | 0% | 75% | 16% |
| 3 | Vienna | -8% | -9% | 66% | 5% |
| 4 | McLean | -5% | 20% | 65% | 0% |
| 5 | Fairfax | 3% | 15% | 57% | — |
| 6 | Centreville | 41% | 0% | 56% | 10% |
| — | Averages | 10% | 21% | 67% | 4% |