A Century 21 Redwood Realty Associate Blog
Heather Elias on January 6th, 2010

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 [...]

Continue reading about Drumroll please…

Heather Elias on October 30th, 2009

Single Family Home Median Price Condo/Townhome Median Price Inventory It’s easy to get caught up in the weekly fluctuations of the market, but even with those steep ups and downs in the charts, they still only represent a small swing in pricing. Overall, the median price of single family homes in LoCo is within $5,000 [...]

Continue reading about LoCo Seems Drama Free, Stable For Now

Heather Elias on September 23rd, 2009

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 [...]

Continue reading about Stats Spotlight: Round Hill Homes

Heather Elias on September 16th, 2009

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

Heather Elias on August 20th, 2009

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 [...]

Continue reading about LoCo Homes Market Now Stable?

Heather Elias on July 30th, 2009

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 [...]

Continue reading about Still Selling Like Hotcakes!

Heather Elias on July 8th, 2009

Today, let’s look at market statistics for Loudoun County as a whole. I think we are seeing some emerging trends here,as the statistics are holding true across both single family homes and condo/townhomes. Median price started trending up around the beginning of April, and continues to climb, while the inventory of homes started to drop [...]

Continue reading about Hello, LoCo! My, How the Market Has Changed…

Heather Elias on June 24th, 2009

Just posted at Ashburn Market Stats… Prices Trend Up, Sellers Take Notice …looks like prices in Ashburn are trending up. Stop by and read! Cheers, Heather

Continue reading about Median Price Up in Ashburn?

Heather Elias on June 23rd, 2009

I 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 [...]

Continue reading about Real Time Stats at LoCo Market Stats

Heather Elias on June 18th, 2009

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 get [...]

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Continue reading about Meanwhile, in Western LoCo..