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 [...]
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 [...]
LikeWell.. I knew I was having a difficult time locating available properties for buyers in Ashburn, and the current inventory numbers certainly support that. You can see an uptick between March and mid-May, which makes sense from a seasonal perspective, but it is so far off from the super-high inventory levels of last summer! You [...]
Continue reading about Market Staying Hot? Or Will Higher Interest Rates Douse It?
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…
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 update for this week, keep in mind that the ‘condo’ report encompasses all non-single family home properties, including condos and townhomes. Frames not supported Frames not supported So, what we see for single family homes is a big disparity between median and average list price…there must be some higher priced properties hanging around [...]
