LikeThe market for single family homes seems to be holding steady since June, with median price up about $50,000 since the start of the year, and inventory levels a bit lower. Nice to see some stabilization…hopefully that will continue. Median Price for single family homes in Sterling, VA as of Oct. 16, 2009 is $339,000 [...]
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 [...]
LikeSomething shifted in the market in the last two months…I can tell you having sales as a listing agent and a buyer’s agent, prices have stabilized, multiple offers are common, and…we’re even seeing *slight* price increases in some areas. Take a look at these charts, the stats don’t lie: Anyone actively working on buying a [...]
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 [...]
