Oakton VA Real Estate |
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The Oakton, VA real estate market is going strong, despite the housing implosion going on in the rest of the country. Although the inventory may be higher than before, a well-priced home will sell quickly, especially if it has been upgraded. This is due to certain factors, such as the high median household income and the low unemployment rates of Fairfax County and Northern Virginia in general.
The Oakton, VA real estate market is most active during spring or summer time, when school vacations occur. The market is seasonal because Oakton has a large population of families, with 32.7% of the more than 11,000 households here having children under the age of 18 living with them, out of the 57.8% who are married couples living together.
The current median home price in Oakton is $800,000. These Oakton, VA single-family detached homes are mostly Williamsburg Colonial or French Country in design. More contemporary designs are not common for the area.
KP Associates still sees the market as staying strong and stable because of its proximity to Washington, D.C., where the presence of many military and federal government institutions makes the region nearly recession-proof. Oakton, VA real estate is both a superior investment and a good place to call home.
If you’re interested in this community, please don’t hesitate to contact Karen Parker and her team. Long-time residents of the area, Northern Virginia is their real estate area of expertise, and they consider taking care of a client’s every need to be their forte.
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Oakton VA Real Estate