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 [...]
Like Back in December, I took a look at how much of our active real estate market in Loudoun County was made up of ‘distressed’ listings, meaning short sales and foreclosures. If you aren’t sure what the difference is between a short sale and a foreclosure, hop over here to read this post first. At [...]
LikeWell, we’ve had one day of warm weather, at least…did it get you thinking about the spring real estate market at all? Getting an itch to buy and/or sell? When we start seeing some warm days is when we start to see listings hitting the market in Loudoun…typically. Now is a great time to have [...]
LikeWell, I had hoped to see some more homes coming on the market for the spring, and there were some, for just a little while….looks like they all went under contract as we near the end of the first time homebuyer tax credit. (Keep in mind the condo chart includes townhomes, too.) Not a whole [...]
Continue reading about Spring Inventory? Dropping Like a Rock..
LikeHere’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 [...]
LikeBottom of the Market, or Statistical Blip? These charts show the median price of homes for sale in Leesburg, Virginia, separated by zip code and home type. The first chart hones in on what has happened over the last 30 days, while the second chart shows the historical data for the last 180 days. Keep [...]
Continue reading about Holy Cow! Prices Flat or Rising Slightly!
LikeNew Condo/Townhome Listings Barely Keeping Pace If you are hoping to purchase a condo or townhome in Ashburn in the near future, take note…the number of new listings coming on the market is barely keeping pace with the market demand! (Conversely, if you are looking to sell, there is a lot of buyer activity going [...]
LikeThe most recent market report looked at a current inventory of 1403 homes in Loudoun County. For single family homes, the median price was $548,700, while for condos and townhomes the median price was $256,026. As you can see from the chart below, inventory has remained low for single family homes, especially in Sterling. Median [...]
LikeHere’s a look at Leesburg’s real estate market, with numbers updated through last week. The median home price appears to be holding steady for the 20176 zip code, and for condos and townhomes in 20175…but look at that little increase in median price for single family homes in 20175! Nice to see something trending upwards! [...]
