LikeOne of the statistics I rarely look at is price per square foot, because it is typically the most stable in the short term. Going into the spring market, I thought it would be helpful to look at where the median price per square foot is for different towns in Loudoun County. Remember that ‘condo’ [...]
LikeMost of the time here, I take a city-wide look at market statistics, which is great if you are looking for a general idea of what the market is doing in your area. However, when you are trying to get a specific idea of your home’s market value (or the market price of a home [...]
LikeMost of the time here, I take a city-wide or county-wide look at market statistics, which is great if you are looking for a general idea of what the market is doing in your area. However, when you are trying to get a specific idea of your home’s market value (or the market price of [...]
LikeHoly smoke, those look like precipitous drops in median price for Leesburg, huh? The first chart is single family homes and the second is the combined condo/townhome market. (Both chart median prices over all of 2009.) Certainly, there is a bit of movement both up and down over the course of the year, but when [...]
Like Well, it’s no secret that inventory levels are down in northern Virginia and Loudoun County. We have the first time homebuyer tax credit to thank for that. (Sales volume jumped up sharply when that credit was announced.) I know I’ve noticed fewer for sale signs in Leesburg as I am out and about, so [...]
Like Leesburg Single Family Homes Leesburg Condos and Townhomes What an interesting year. Going into 2009, I wasn’t sure what to expect from the Loudoun County real estate market. After the tumultuous up and down we have seen in the last five years, it’s reassuring to see stability in our market again. When you look [...]
Like Average Days on Market for homes in Leesburg, VA as of Oct 23, 2009 is 129 Like
Continue reading about How Long to Sell a House in Leesburg?
LikeHappy to unveil to you… charts that you can click on and play around with to see how the statistics look on any given day! You can also adjust the length of time you showing on the chart (one month, three months, etc) Go ahead and play with them, they are hot off the proverbial [...]
LikeHere’s a slice of the market in Loudoun County, as of this week…Looking specifically at single family homes in Leesburg, we see the statistics mirroring what is happening in Sterling and Ashburn. Median price has hovered right around $640,000 since June, which is a $40,000 improvement over where that stood in January. Meanwhile, inventory has [...]
Continue reading about Stats Spotlight: Leesburg Gets Stronger
LikeDramatic graphs, huh? Doesn’t take a rocket scientist to see what the trends are for single family homes in Leesburg… Inventory is still contracting, while median price has risen from a low of around $607,000 in April to the current $640,943. I’m watching to see what happens after November 30 and the first time homebuyer [...]
Continue reading about No Surprises Here, Prices Up, Inventory Down…
