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, [...]
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…
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!
Here’s the update for Leesburg, keeping in mind that the ‘condo’ report covers townhomes and condos… Frames not supportedFrames not supported Not too much change from the last update, days on market and median/average pricing seems to be pretty steady. A little bit of a jump up in new listings in the single family market, [...]
Hello! Welcome to Leesburg Market Stats. I’ve set up this site as a place that my readers can find statistical information about the real estate market in Leesburg and Loudoun County. This site will serve as an information hub for market data on all of the towns and neighborhoods in LoCo. Watch for weekly updates, [...]
