Welcome to Luxury For Less, a weekly column highlighting the best deals in luxury real estate. Written by Brandy Schantz of TTR Sotheby’s International Realty, Luxury For Less offers tips and tricks navigating the competitive real estate market and securing the home of your dreams. To learn more, visit ttrsir.com.
I hope everyone had an opportunity to enjoy the beautiful fall-like weather we’ve enjoyed.
We’re returning to temperatures in the 90s this week so I’ll do my best to remember how great that breeze felt this weekend. The summer has come to an end but it was a very busy summer. Sales in July were up from last year by nearly 10% and median days on market were down by over 50%. If you were having trouble securing a home in Fairfax County this summer, so were many buyers. Prices are up from this time last year also but not in every neighborhood.
Vienna prices are rising while Oakton and McLean are staying steady. I’ve lost more than a few contracts to an all cash buyer this year and the statistics reflect that fact. 10% of all transactions in Fairfax County so far this year have been all cash. This year has also been about moving fast. Almost 40% of homes sold this year have sold in 10 days or less. The fall market is already heating up so it still looks like a good time to sell.
This week’s feature home is on a very large lot (.69 acre!) in Vienna. This craftsman home features tons of upgrades, a wine room and a private suite above the garage. This beautiful home has just been reduced in price $100,000.
Check out the rest of this week’s Luxury for Less listings:
- 7826 Swinks Mill Court McLean (Reduced $50,000)
- 614 Valley Drive SE Vienna (Reduced $45,000)
- 634 Springvale Road Great Falls (Reduced $50,000)
- 2518 Avon Lane Falls Church(Reduced $50,000)
- 1674 Chain Bridge McLean (Reduced $70,000)
The properties listed are a small selection of properties available in the Tyson’s Corner area. For a full list of properties listed on MLS and private exclusives, please contact Brandy Schantz.