LikeOverall, real estate inventory is dropping across Loudoun County, and Ashburn is no exception. After seeing a spike for the summer, we are now returning to approximately the same level we were at for October 2009. Time will tell if we stay flat through this winter, or if it will continue to drop. If you [...]
Like The last time I took a look at median price per square foot in Loudoun County was back in March. Since then, it’s gone from a one year low of $157 a square foot to the current level of $160 a square foot. That movement would account for a price swing of $6,000 on [...]
Like I was concerned that we were going to see another dip in home prices in Loudoun County following the end of the first time homebuyer tax credit, because the buyer demand that came right before the deadline caused prices to rise pretty much across the board in April. The chart above shows median pricing [...]
LikeRemember how back in April I was writing about how it was slim pickin’s for homebuyers in Ashburn? Yup, that has changed, and dramatically. Since the first time homebuyer tax credit ended on April 30th, our inventory has risen tremendously…there are now more than twice as many homes on the market. Now that we don’t [...]
Continue reading about What a Difference, Three Months Later…
LikeInterested in getting a more in depth look at the market? Click on any of the pins below to get a quick glimpse of the real estate market for that area, and enter your name and email address to get a detailed report sent to you. Knowledge is power, right? Let me know if you [...]
LikeThe rush is over…to take advantage of the first time homebuyer tax credit, you needed to be under contract to purchase by the end of last month. Since the Loudoun County real estate market got really busy starting at the beginning of the credit, I had a feeling that we’d see some dramatic changes once [...]
LikeIf you are curious about how much your home (or a home you might want to buy) is worth, just fill out this form and I’ll email you a report with clickable links to comparable homes that are for sale or recently sold. Don’t worry, I won’t spam you…I hate spam just as much as [...]
LikeWell, I’ve been really apprehensive of what our real estate market would look like in Loudoun County after the first time homebuyer tax credit expired. (which happened last Friday, so you can go ahead and exhale now) Look at what our inventory levels did in the last couple of weeks…a lot of homes on the [...]
LikeI thought it might be helpful to look at how the current market climate has affected median price in different towns across the county. The first chart shows single family home data, and the second shows the combined condo/townhome market. Everything seemed pretty stable right up until the beginning of March, huh? I’m guessing that [...]
LikeI’ve been looking at inventory numbers this week for all of Loudoun County, Leesburg, and western LoCo. Nowhere is the dropoff in available homes for sale more dramatic than in Ashburn. Take a look at this! (Keep in mind that the condo chart includes townhomes, too.) Wow. Do you think that first time homebuyer tax [...]
