LikeSo the trend lines across Loudoun County right now for housing inventory show that the number of homes for sale is down. Leesburg is no different, in either of the two zip codes. The current levels just about match up with where we were this time last year. I’ll be interested to see if they [...]
LikeThe main piece of the real estate puzzle is always inventory…if there isn’t enough supply to meet the demand, prices rise and days on market drop. We’ve already seen that median home price in Loudoun isn’t dropping, but average days on market is down in most areas of the county. Here’s a look at current [...]
LikeWhen I start to look at real estate statistics in different parts of Loudoun County, I’m usually pretty confident about the types of trends I will see. Take a look below at the difference between the two zip codes in Leesburg, when comparing median price per square foot of homes. Why are condos and townhomes [...]
Like The last time I took a look at median price per square foot in Loudoun County was back in March. Since then, it’s gone from a one year low of $157 a square foot to the current level of $160 a square foot. That movement would account for a price swing of $6,000 on [...]
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 [...]
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 [...]
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 [...]
LikeSo what’s been happening with the real estate market in Loudoun County since the tax credit expired April 30th? We saw a huge jump up in inventory right away…and now it appears to have calmed down a bit, and some of that inventory has been absorbed. If you would like to know how the market [...]
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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 [...]
LikeI knew that the first time homebuyer tax credit (that expired April 30th) was having a significant affect on our real estate market in Loudoun County, but it’s even more evident now by what has happened to inventory levels across the county since it ended. In the two weeks directly after, inventory basically doubled. Thankfully, [...]
