LikeWe’re now in the fall season, so it’s a great time to take stock of where the real estate market has been this year, and where it looks like we are heading. For starters, let’s look at inventory levels in the three Sterling zip codes. Like we’ve seen in the rest of Loudoun, inventory levels [...]
LikeOverall, real estate inventory is dropping across Loudoun County, and Ashburn is no exception. After seeing a spike for the summer, we are now returning to approximately the same level we were at for October 2009. Time will tell if we stay flat through this winter, or if it will continue to drop. If you [...]
LikeSo the trend lines across Loudoun County right now for housing inventory show that the number of homes for sale is down. Leesburg is no different, in either of the two zip codes. The current levels just about match up with where we were this time last year. I’ll be interested to see if they [...]
LikeThe main piece of the real estate puzzle is always inventory…if there isn’t enough supply to meet the demand, prices rise and days on market drop. We’ve already seen that median home price in Loudoun isn’t dropping, but average days on market is down in most areas of the county. Here’s a look at current [...]
LikeWhen I start to look at real estate statistics in different parts of Loudoun County, I’m usually pretty confident about the types of trends I will see. Take a look below at the difference between the two zip codes in Leesburg, when comparing median price per square foot of homes. Why are condos and townhomes [...]
Like The last time I took a look at median price per square foot in Loudoun County was back in March. Since then, it’s gone from a one year low of $157 a square foot to the current level of $160 a square foot. That movement would account for a price swing of $6,000 on [...]
Like I was concerned that we were going to see another dip in home prices in Loudoun County following the end of the first time homebuyer tax credit, because the buyer demand that came right before the deadline caused prices to rise pretty much across the board in April. The chart above shows median pricing [...]
LikeInterested in getting a more in depth look at the market? Click on any of the pins below to get a quick glimpse of the real estate market for that area, and enter your name and email address to get a detailed report sent to you. Knowledge is power, right? Let me know if you [...]
LikeIt may be over 100 degrees outside, but home prices seem to be cooling… Halfway through 2010, and where does the real estate market stand in Leesburg? From the perspective of median price, it depends entirely on your home type and zip code. In the 20175 zip, both single family homes and condo/townhome median price [...]
LikeWe are creeping toward July and the end of the spring/summer market. How is median home price holding up for Loudoun County? Looking first at single family homes, after the huge spike up in March and April, we have settled back down in the $550,000 range again; just slightly lower than where we were at [...]
