Like Let’s take a really good look at the state of the real estate market for single family homes in Ashburn, now that it’s mid April, and the market is decently busy for spring. Here’s what the charts look like: So, what does this mean? Median price looks like it’s moving around a lot, [...]
LikeThe question I get asked on a daily basis… “How’s the market?” Here’s some charts that will tell you exactly how the market is doing for single family homes in Ashburn, Sterling, and Leesburg. Pop in tomorrow and I’ll update you on condos and townhomes then. Ashburn Single Family Homes Sterling Single Family [...]
LikeSpring is right around the corner, I promise! Just a reminder that the orange ‘condo’ line includes townhomes, too. Inventory feels low to me, still, and I’m expecting that it will begin to rise as we get into the full rush of the spring market. At this point, I’m only seeing 15-20 new listings per [...]
Like We’ve turned the corner into another year in Loudoun, and I’m a couple of weeks late with a 2010 wrapup post on the state of the market. So how did 2010 turn out, compared to 2009? Total Homes Sold 2010: 4936, which is down 8.8% from 2009 Median Sale Price 2010: $362,500, up 8.2% [...]
Like…but not the way you’d think. So we know that days on market dropped in Loudoun since spring, but is there a difference in time on market based on price? The first chart below looks at single family homes, and the second chart looks at the combined condo/townhome market. Each is divided into quartiles: the [...]
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 [...]
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 [...]
LikeWe 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 [...]
LikeThe rush is over…to take advantage of the first time homebuyer tax credit, you needed to be under contract to purchase by the end of last month. Since the Loudoun County real estate market got really busy starting at the beginning of the credit, I had a feeling that we’d see some dramatic changes once [...]
