It 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 [...]
I 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, [...]
Well, 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..
So how long does it take to sell a house in Leesburg, Virginia, right now? Have a peek at this chart to see how the single family home market compares to the condo/townhome market… Average Days on Market for homes in Leesburg, VA as of Oct 23, 2009 is 129 Looking at the charts, it [...]
Continue reading about How Long to Sell a House in Leesburg?
Happy to unveil to you… charts that you can click on and play around with to see how the statistics look on any given day! You can also adjust the length of time you showing on the chart (one month, three months, etc) Go ahead and play with them, they are hot off the proverbial [...]
Dramatic 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…
Things are still cooking in Leesburg this summer! Looking across both the 20175 and 20176 zip codes we can see that the pace of homes going under contract (homes absorbed) is keeping up or exceeding the number of new listings (newly listed)…no wonder the inventory level is still so low! Days on market is shorter [...]
Sometimes when I am looking at different statistical reports, I see something that slaps me across the face as a significant difference. I got a bruise looking at the Leesburg reports this week, when I broke down price by zip code. Holy cow, what a difference betweeen 20175 and 20176! Single Family Home Median Price [...]
This week in the real estate market in Leesburg, we see more of the same…stability is a wonderful thing! Prices are still flat, and new listings coming on market is balancing with listings absorbed. The two charts in brown below will update weekly, but for this week (today is May 12th) you can see that [...]
Bottom 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!
