Heather Elias on February 25th, 2010

Breaking down median price statistics by zip code in Sterling shows us that depending on where in Sterling you live, your median price trends can be very different from your neighbors across town. Look at this:
Single Family Homes

Look at the dramatic difference between the 20164 zip code and the others! That zip encompasses Sterling Park [...]

Continue reading about Neighborhood Prices Vary in Sterling

Heather Elias on February 12th, 2010

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 [...]

Continue reading about Sneaking Up on Spring

Heather Elias on February 4th, 2010

Most of the time here, I take a city-wide or county-wide look at market statistics, which is great if you are looking for a general idea of what the market is doing in your area.  However, when you are trying to get a specific idea of your home’s market value (or the market price of [...]

Continue reading about Location is Everything in Leesburg

Heather Elias on January 25th, 2010

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 the [...]

Continue reading about Inventory Still Plummeting In Sterling

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 November 30th, 2009

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 look at the westernmost [...]

Continue reading about Western LoCo Looks Like This

Heather Elias on November 24th, 2009

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. Right now [...]

Continue reading about Eastern LoCo Looks Like This….

Heather Elias on November 9th, 2009

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 the [...]

Continue reading about Barely a Ripple Since Last Year

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 of where it [...]

Continue reading about LoCo Seems Drama Free, Stable For Now

Heather Elias on October 22nd, 2009

The 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

Inventory [...]

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Continue reading about Steady as she goes in Sterling…