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

There was a decrease in total units sold in May, with 93 sold this month in Vienna, Oakton, and Tyson's Corner Real Estate versus 116 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 12% versus May 2024.

Versus last year, the total number of homes available this month is higher by 16 units or 10%. The total number of active inventory this May was 169 compared to 153 in May 2024. This month's total of 169 is lower than the previous month's total supply of available inventory of 207, a decrease of 18%.

Last May, the median sale price for Vienna, Oakton, and Tyson's Corner Homes was $1,248,500. This May, the median sale price was approximately the same at $1,250,000. The current median sold price is also similar to the median price in April.

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

In May, there was 1.8 months of supply available in Vienna, Oakton, and Tyson's Corner, compared to 1.4 in May 2024. That is an increase of 26% versus 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 116 homes newly listed for sale in Vienna, Oakton, and Tyson's Corner compared to 137 in May 2024, a decrease of 15%. There were 124 current contracts pending sale this May compared to 117 a year ago. The number of current contracts is 6% higher than last May.

In May, the average sale price in Vienna, Oakton, and Tyson's Corner was 101.0% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 14, an increase of 21%.





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

Zip Code(s): 22182, 22185, 22181, 22180, 22027 and 22124
Units Sold 93	Active Inventory 169	Median Sale Price $1,250,000	Days On Market 17

Down -12% Vs. Year Ago	Up 10% Vs. Year Ago	No Change Vs. Year Ago	Up 21% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 93 sold this month in Vienna, Oakton, and Tyson's Corner Real Estate versus 116 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 12% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 16 units or 10%. The total number of active inventory this May was 169 compared to 153 in May 2024. This month's total of 169 is lower than the previous month's total supply of available inventory of 207, a decrease of 18%.
		Median Sale Price Last May, the median sale price for Vienna, Oakton, and Tyson's Corner Homes was $1,248,500. This May, the median sale price was approximately the same at $1,250,000. The current median sold price is also similar to the median price in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 116	Current Contracts 124	Sold Vs. List Price 101.0%	Months of Supply 1.8

Down -15% Vs. Year Ago	Up 6% Vs. Year Ago	Down -1.7% Vs. Year Ago	Up 26% Vs. Year Ago


		Months of Supply In May, there was 1.8 months of supply available in Vienna, Oakton, and Tyson's Corner, compared to 1.4 in May 2024. That is an increase of 26% versus 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 116 homes newly listed for sale in Vienna, Oakton, and Tyson's Corner compared to 137 in May 2024, a decrease of 15%. There were 124 current contracts pending sale this May compared to 117 a year ago. The number of current contracts is 6% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Vienna, Oakton, and Tyson's Corner was 101.0% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 14, an increase of 21%.


	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.