Round Hill is about as far west in LoCo as you can go and still have a big enough statistical sample to look at. We are taking a peek at 90 day stats for this zip code, because there is not enough data to really look at weekly stats.
| 90-day stats for Single Family properties in ROUND HILL, VA as of September 18, 2009 |
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|---|---|---|---|
| Median List Price | $476,796 | Average List Price | $565,901 |
| Total Inventory | 52 | Price per Square Foot | $138 |
| Average Home Size | 3,556 | Median Lot Size | 105,147 |
| Average # Beds | 4.11 | Average # Baths | 3.62 |
| Homes Absorbed | 3 | Newly Listed | 2 |
| Days on Market | 189 | Average Age | 41 |
Things are definitely slower in the far west corner of the county (two new listings, three homes absorbed off the market), and days on market are a bit higher than what we are seeing in eastern LoCo. The market always recovers first in the east, and then moves to the western part of Loudoun County.
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Median Price for homes in ROUND HILL, VA All ZIP Codes as of September 18, 2009 is $476,796 |
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Inventory for homes in ROUND HILL, VA All ZIP Codes as of September 18, 2009 is 52 |
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Average Days on Market for homes in ROUND HILL, VA All ZIP Codes as of September 18, 2009 is 189 |
From looking at the median price chart, it seems like prices may have bottomed out in August and are starting to rebound a little. I am not convinced that this is sticking, though, we will want to keep an eye on it and see if that lasts for more than a month. Inventory has crept up slightly from a low in May, but that is relative, as the current inventory is only about 10 more homes than then. Days on market appear to be climbing too, which is similar to what we saw in the Ashburn charts. I think we might need to look at that for other towns in LoCo to see if that is happening across the board.
Questions? Please shoot me an email at info@heatherelias.com or hit the Ask Heather button.
Cheers,
Heather
Tags: days on market, inventory, LoCo, Loudoun County, median price, Round Hill, single family homes
