It may not feel like it outside, but the spring real estate market in Loudoun County is now starting! (As soon as we can dig our way out to start showing houses again, anyway…) Here’s a birds-eye view of stats for the entire county, as of February 5. You can click on over to my [...]
Sterling Single Family Homes For single family homes, median price started to climb the beginning of December, and is just about recovered to where it was in August. (Although the winter decline was only about $10,000.) Inventory continues to drop while days on market appears to climb~~I still maintain that the short sales are clouding [...]
Continue reading about Inventory Still Plummeting In Sterling
So we’ve turned another year in our never-boring real estate market here in Loudoun County. It has certainly earned it’s “LoCo” nickname. Going into last year, I was cautiously optimistic about the spring market, and whether the market would stabilize here, at least in terms of prices. Looking at the year ending stats below, it [...]
Single 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 [...]
Sterling Single Family Homes Sterling Condos and Townhomes The Eastern part of Loudoun County always sets the pace for the Western part to catch up with, like a ripple when you drop a pebble in a pond; sometimes Ashburn and Leesburg begin to mirror Sterling quickly, other times it takes a bit to catch up. [...]
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 at [...]
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 [...]
Here’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
Here’s the bird’s eye view of the Loudoun County real estate market this week…Looks like things are pretty stable; with the first time homebuyer tax credit driving demand right now, inventory remains low, and days on market are dropping. Prices remain stable as appraisals are conservative (multiple offers are not causing prices to trend up [...]
Take a peek at the charts below, which give you a snapshot of both the single family home market and the condo/townhome market in Sterling, Ashburn, and Leesburg. One of the main things that jumps out at me is how the “Homes Absorbed” compare to the “Newly Listed”~~since in all cases those numbers are very [...]
