Like The new school year is almost upon us in Loudoun, and the real estate market slows down accordingly…here’s the latest data for both Leesburg zip codes combined: Inventory continues to creep up, and median price is holding steady. Days on market, which had fallen steadily since April, appears to be inching back [...]
LikeI recently posted on LoCo Musings and here to analyze how much of our active real estate market is currently made up of ‘distressed’ sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are looking at. Here’s the [...]
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 [...]
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 [...]
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, [...]
LikeI thought it might be helpful to look at how the current market climate has affected median price in different towns across the county. The first chart shows single family home data, and the second shows the combined condo/townhome market. Everything seemed pretty stable right up until the beginning of March, huh? I’m guessing that [...]
