VIENNA, OAKTON, AND TYSON'S CORNER HOUSING MARKET DATA

There was an increase in total units sold in March, with 75 sold this month in Vienna, Oakton, and Tyson's Corner Real Estate versus 62 last month, an increase of 21%. This month's total units sold was lower than at this time last year, a decrease of 3% versus March 2024.

The total number of homes available this month is 134 units, which is similar compared to a year ago. This month's total of 134 is higher than the previous month's total supply of available inventory of 125, an increase of 7%.

Last March, the median sale price for Vienna, Oakton, and Tyson's Corner Homes was $1,125,000. This March, the median sale price was $1,360,000, an increase of $235,000 compared to last year. The current median sold price is higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 1.8 months of supply available in Vienna, Oakton, and Tyson's Corner. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 123 homes newly listed for sale in Vienna, Oakton, and Tyson's Corner compared to 124 in March 2024, a decrease of 1%. There were 101 current contracts pending sale this March compared to 92 a year ago. The number of current contracts is 10% higher than last March.

In March, the average sale price in Vienna, Oakton, and Tyson's Corner was 102.5% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 19, higher than the average last year, which was 9, an increase of 111%.





FOCUS ON: VIENNA, OAKTON, AND TYSON'S CORNER HOUSING MARKET			MARCH 2025

Zip Code(s): 22182, 22185, 22181, 22180, 22027 and 22124
Units Sold 75	Active Inventory 134	Median Sale Price $1,360,000	Days On Market 19

Down -3% Vs. Year Ago	No Change Vs. Year Ago	Up 21% Vs. Year Ago	Up 111% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 75 sold this month in Vienna, Oakton, and Tyson's Corner Real Estate versus 62 last month, an increase of 21%. This month's total units sold was lower than at this time last year, a decrease of 3% versus March 2024.
Active Inventory The total number of homes available this month is 134 units, which is similar compared to a year ago. This month's total of 134 is higher than the previous month's total supply of available inventory of 125, an increase of 7%.
		Median Sale Price Last March, the median sale price for Vienna, Oakton, and Tyson's Corner Homes was $1,125,000. This March, the median sale price was $1,360,000, an increase of $235,000 compared to last year. The current median sold price is higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 123	Current Contracts 101	Sold Vs. List Price 102.5%	Months of Supply 1.8

Down -1% Vs. Year Ago	Up 10% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In March, there was 1.8 months of supply available in Vienna, Oakton, and Tyson's Corner. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 123 homes newly listed for sale in Vienna, Oakton, and Tyson's Corner compared to 124 in March 2024, a decrease of 1%. There were 101 current contracts pending sale this March compared to 92 a year ago. The number of current contracts is 10% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Vienna, Oakton, and Tyson's Corner was 102.5% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 19, higher than the average last year, which was 9, an increase of 111%.


	Vienna, Oakton, and Tyson's Corner are defined as properties listed in zip code/s 22182, 22185, 22181, 22180, 22027 and 22124.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.