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 [...]
LikeThe weather’s hot, and so is the real estate market in Loudoun County, especially in the under $400,000 price range….Even though inventory has risen (thankfully, it was low), median price is steady and days on market has dropped. I’ve been unseasonably busy the last few weeks, and the data matches up. Days on market is [...]
Like Yesterday we looked at the market for single family homes in Ashburn. Today, let’s see what’s going on in Sterling. Here’s how the statistical charts look this week: Median price catches my eye right away…that’s a jump of 20% since the beginning of the year! Big movement in this area. Inventory, meanwhile, [...]
LikeIt never fails…if we get a stretch of warm weather, the real estate market warms up a notch as well. I know we’ve only really had one day of warmer weather so far, but I’m an optimist, and I am soooo ready for spring to get here! Have you started thinking about the spring real [...]
Like We’ve turned the corner into another year in Loudoun, and I’m a couple of weeks late with a 2010 wrapup post on the state of the market. So how did 2010 turn out, compared to 2009? Total Homes Sold 2010: 4936, which is down 8.8% from 2009 Median Sale Price 2010: $362,500, up 8.2% [...]
LikePart of my daily routine as a Realtor is looking at the multiple listing service to see how many new listings have come on market that day. During busier periods in the year, it’s tough to keep up with all of the homes coming on (and going off) market on a day to day basis. [...]
Like…but not the way you’d think. So we know that days on market dropped in Loudoun since spring, but is there a difference in time on market based on price? The first chart below looks at single family homes, and the second chart looks at the combined condo/townhome market. Each is divided into quartiles: the [...]
LikeWe’re now in the fall season, so it’s a great time to take stock of where the real estate market has been this year, and where it looks like we are heading. For starters, let’s look at inventory levels in the three Sterling zip codes. Like we’ve seen in the rest of Loudoun, inventory levels [...]
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 [...]
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 [...]
