A Century 21 Redwood Realty Associate Blog
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. [...]

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 [...]

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 [...]

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 [...]

Continue reading about Steady as she goes in Sterling…

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 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 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 [...]

Continue reading about Meanwhile, in Western LoCo..

admin on June 9th, 2009

Something shifted in the market in the last two months…I can tell you having sales as a listing agent and a buyer’s agent, prices have stabilized, multiple offers are common, and…we’re even seeing *slight* price increases in some areas. Take a look at these charts, the stats don’t lie: Anyone actively working on buying a [...]

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Continue reading about Whisperings of change in the market…