We 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 [...]
We are still in the swing of the busiest part of the year for real estate in Loudoun County, and our median price for both single family homes and the combined condo/townhome market appears to be stable again. We saw a momentary jump up in price driven by the low inventory and high demand as [...]
Another byproduct of the first time homebuyer tax credit…a temporary upward blip in prices. Looks like the market has already corrected itself, huh? (Condo median price includes townhomes, too.) Cheers, Heather
I thought it might be helpful to look at how the current market climate has affected median price in different towns across the county. The first chart shows single family home data, and the second shows the combined condo/townhome market. Everything seemed pretty stable right up until the beginning of March, huh? I’m guessing that [...]
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 [...]
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 [...]
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 [...]
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 [...]
