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..
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 [...]
Like Leesburg Single Family Homes Leesburg Condos and Townhomes What an interesting year. Going into 2009, I wasn’t sure what to expect from the Loudoun County real estate market. After the tumultuous up and down we have seen in the last five years, it’s reassuring to see stability in our market again. When you look [...]
Like Average Days on Market for homes in Leesburg, VA as of Oct 23, 2009 is 129 Like
Continue reading about How Long to Sell a House in Leesburg?
LikeHappy 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 [...]
LikeHere’s a slice of the market in Loudoun County, as of this week…Looking specifically at single family homes in Leesburg, we see the statistics mirroring what is happening in Sterling and Ashburn. Median price has hovered right around $640,000 since June, which is a $40,000 improvement over where that stood in January. Meanwhile, inventory has [...]
Continue reading about Stats Spotlight: Leesburg Gets Stronger
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…
LikeThings 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 [...]
LikeI just set up a page for real estate market statistics for Loudoun County that automatically updates on a weekly basis when new data becomes available. If you look in the top menu above, you’ll see a tab for Real Time Stats. Feel free to bookmark it and visit to see the latest trends. My [...]
