LikeI’ve been reading a number of articles in the last few weeks saying the 2012 real estate market is ready for a rebound and thought it was worth a look. Although the LoCo market has not been as adversely affected as others, the numbers do suggest things are on the upswing. Compared to last December, [...]
Continue reading about Rebound? (not a basketball reference)
LikeWe haven’t taken a look at Sterling in 6 months so it was time to check in. While the market here seems to be a bit more volatile than the rest of the county, there is a trend worth mentioning. In 2010 and 2011 the highest median price for single family and condo/ town homes [...]
LikeAshburn continues to lead LoCo in median price for single family homes, despite dropping 5% in the last two months. Combined condo and townhome values are up 3% over the same span, bringing them to a two year high. Inventory, which had been on the rise for the last 12 months, seems to be leveling [...]
LikeMost 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 [...]
LikeThe 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 [...]
LikeRound 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 [...]
LikeDramatic graphs, huh? Doesn’t take a rocket scientist to see what the trends are for single family homes in Leesburg… Inventory is still contracting, while median price has risen from a low of around $607,000 in April to the current $640,943. I’m watching to see what happens after November 30 and the first time homebuyer [...]
Continue reading about No Surprises Here, Prices Up, Inventory Down…
LikePretty easy to see from that graph that single family home inventory is still dropping like a rock in Ashburn right now. Homes absorbed is still outpacing homes listed…a grand total of 14 single family homes came on market last week in all of Ashburn. Still feel like a buyers’ market? I hear agents in [...]
LikeToday, 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…
