By Angela Mitchell
(Long and Foster)
The weekend promises ugly weather but, hopefully, the real estate market will Spring into action. We have a a total of 109 single family homes in Oak Hill/Herndon as of today. 22 new listings this week with 8 sales since last Friday. The total number of net listings is up 9 from last Friday. We continue to absorb the market - a tad bit slower each week. If we can get thru next weekend and keep the net increase to a minimum, we should have a fairly stable market. So far, the inventory is up 25% in 3 weeks (75 to 109) - but homes are still selling. The number of new homes entering in the market should start to decrease - which should make for a healthy May and June. If you have any questions on what you are seeing in your neighborhood - just post it. Have a great weekend!