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’ [...]
LikeSingle Family Homes in Purcellville Condos/Townhomes in Purcellville Single Family Homes in Round Hill Condos/Townhomes in Round Hill Last week we took a look at the market on the Eastern side of Loudoun County, in Sterling, and found that pricing there was mostly stable over the last six months, while inventory had dropped. Now, let’s [...]
LikeI just set up a page for real estate market statistics for Loudoun County that automatically updates on a weekly basis when new data becomes available. If you look in the top menu above, you’ll see a tab for Real Time Stats. Feel free to bookmark it and visit to see the latest trends. My [...]
Like Today I wanted to bring you some data on what is happening in the western part of Loudoun County. It’s no secret that the market adjusts the further west you go; the commuting time gets longer to employment hubs in Dulles, Tysons Corner, and Washington DC, but the home prices are lower, so you [...]
LikeLet’s take a look at median home price across Loudoun County for this week…starting with the single family home segment in Sterling. Holy cow, look at the increase~~ that’s about a $50,000 jump over the course of a month. At the same time, condo/townhome prices seem to have bottomed and are creeping up a bit. [...]
Continue reading about It’s Still All About Location, Location, Location…
LikeThis week in real estate news brought an announcement from the National Association of Realtors that pending home sales were up nationally for the second month in a row. The Virginia Association of Realtor’s latest batch of numbers showed that the median home price had increased 7.8% from the prior quarter. Wow, rising prices, uptick [...]
Continue reading about Media Catching on to Market Change? Nope.
LikeThe most recent market report looked at a current inventory of 1403 homes in Loudoun County. For single family homes, the median price was $548,700, while for condos and townhomes the median price was $256,026. As you can see from the chart below, inventory has remained low for single family homes, especially in Sterling. Median [...]
LikeHere are the latest real estate inventory statistics for LoCo…Looks like Sterling took a breather last week after that huge jump in contracts (and coinciding dip in inventory) the week before. Meanwhile, Ashburn saw a bit of action last week, both in the condo/townhome segment as well as the single family home market. Leesburg and [...]
LikeHere are some charts that compare market behavior for Sterling, Ashburn, Leesburg, and Purcellville. The ‘Condo’ charts include townhomes and condos, and the other charts are single family homes only. First, let’s take a look at the median price for condos and townhomes…looks like Leesburg and Ashburn are holding steady, with a slight dip in [...]
Continue reading about Inventory and Median Price Across LoCo
LikeHere’s the most up to date market statistics, broken down by town for Loudoun County. Keep in mind that the ‘condo’ report includes all townhome and condo properties, just not single family homes. Days on market are shorter in the eastern part of the county, but inventory levels remain quite low everywhere! Frames not supportedFrames [...]
