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Herndon, Virginia Real Estate Market Analysis for August 2018

In August 2018, the average price of homes in Herndon, Virginia was $538k with five properties selling for over $1 million.

Herndon’s Months of Supply dropped to under 2, resulting in a sellers’ market similar to that of other nearby towns such as Reston, VA.

Homes in Herndon took approximately 10 days less time to sell than homes in neighboring Reston, VA.

This positive shift in the real estate market can be attributed to the upcoming 2020 opening date for two new Metrorail Silver Line Stations in Herndon.

As a result, the average sold price in August 2018 was higher than the average sold price in August 2017, making buying Herndon, VA real estate a good investment at the moment.

Quick Stats for 20170 and 20171

146
Homes For Sale
79
Homes Sold / Settled
$538,311
Avg. Sold Price
27
Avg. Days on Market
1.8
Months Supply
73
Pending Contracts

August 2018 Properties Sold in Herndon, Virginia

Price Address Bedrooms Full Baths Half Baths
$1,259,900 12464 Margaret Thomas Ln 4 3 3
$1,249,900 12411 English Garden Ct 5 4 3
$1,189,000 12211 Kyler Ln 5 4 3
$1,015,000 1099 Safa St 5 4 3
$1,000,000 11687 Caris Glenne Dr 5 5 3
$949,000 13263 Middleton Farm Ln 6 5 3
$919,900 12151 Windsor Hall Way 5 4 3
$874,999 803 Park Ave 5 5 3
$859,000 12917 Oak Lawn Pl 4 3 3
$839,990 1112 Monroe St 3 3 3
$750,000 2738 Copper Creek Rd 4 3 3
$750,000 2714 Floris Ln 4 3 3
$703,900 12703 Franklin Farm Rd 4 2 3
$675,000 2909 Robin Glen Ct 5 3 3
$663,000 3106 Alan Shepard St 4 3 4
$662,000 3101 Alan Shepard St 3 3 4
$650,000 1489 Kingstream Dr 6 3 3
$650,000 3089 Alan Shepard St 4 3 4
$647,680 3087 Alan Shepard St 4 3 4
$634,062 3091 Alan Shepard St 4 3 4
$629,900 2666 Horton Hill Rd 5 4 3
$625,000 2613 Quincy Adams Dr 4 2 3
$624,900 12409 Willow Falls Dr 5 3 3
$610,000 507 Hollingsworth Ter 3 3 3
$589,000 12206 Meadowstream Ct 4 2 3
$585,000 1352 Grant St 4 2 3
$580,000 2956 Mockernut Ct 4 3 3
$580,000 12627 Terrymill Dr 4 2 3
$575,000 12547 Rock Ridge Rd 4 3 3
$569,500 127 Anthem Ave 3 2 3
$559,900 101 Morton Mills Ln 3 3 3
$539,935 2449 Founders Way 3 3 3
$539,000 750 Barbaralynn Pl 5 2 2
$530,000 2456 Rolling Plains Dr 3 3 3
$525,000 1402 Cuttermill Ct 4 3 3
$499,900 12734 Magna Carta Rd 4 2 2
$498,000 1515 Coat Ridge Rd 5 2 2
$489,900 13315 Misty Dawn Dr 4 3 3
$484,900 13402 Burrough Farm Dr 2 2 3
$479,900 716 Jenny Ann Ct 3 2 3
$474,900 13635 Beckingham Dr 3 2 3
$469,900 13131 Copper Brook Way 3 2 3
$469,900 1601 Permit Ct 3 2 3
$464,900 13596 Flying Squirrel Dr 4 3 3
$462,500 13154 Kidwell Field Rd 2 2 3
$459,800 1100 Jeff Ryan Dr 3 2 3
$455,900 3230 Tranquility Ln 3 2 2
$450,000 12504 Rock Chapel Ct 4 3 3
$449,900 658 Mississippi Dr 5 3 2
$449,900 12717 Fantasia Dr 3 3 3
$449,900 1501 Bal Harbor Ct 3 2 1
$435,000 2503 Isham Randolph Dr 3 2 3
$434,999 2525 Banshire Dr 3 2 3
$434,500 13115 Kidwell Field Rd 3 2 3
$424,990 1076 Trevino Ln 3 3 3
$419,000 12653 Willow Spring Ct 3 2 1
$415,000 12709 Garberry Ct 3 2 1
$399,000 13407 Cleeve Hill Ct 2 3 3
$385,000 1609 Sadlers Wells Ct 3 3 3
$374,900 13611 Kristin Pl 3 2 3
$365,500 1107 Bicksler Dr 3 2 3
$355,000 761 Palmer Dr 4 2 2
$344,999 2130 Mager Dr 4 3 2
$339,900 13335 Feldman Pl 3 2 3
$325,000 326 Reneau Way 3 2 2
$324,900 815 Branch Dr #307 2 2 1
$324,900 13177 Marcey Creek Rd 2 2 3
$319,900 12945 Centre Park Cir #114 2 2 1
$319,000 1223 Magnolia Ln 3 2 2
$318,900 12937 Centre Park Cir #303 2 2 1
$315,000 2491 Quick St #301 2 2 2
$309,900 12925 Centre Park Cir #105 2 2 1
$305,000 2241 Monaghan Dr 4 2 2
$305,000 12917 Centre Park Cir #113 2 2 1
$244,788 2204 Westcourt Ln #121 2 2 1
$230,000 619 Center St #103 2 2 1
$229,500 12905 Centre Park Cir #201 1 1 1
$220,000 551 Florida Ave #204 2 2 1
$192,500 551 Florida Ave #T-1 2 2 1

Source: MRIS Listings