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How Much Home For $300K in LoCo, May 2014

Candlewick_00-225x300

Last week when we wrote about homes in the $500,000 price range there were 1346 active listings. Here we are a week later and 45 more homes have hit the market. If you are searching in the $300,000 price point, you have 87 of the 1391 homes currently on the market from which to choose. (As shown in the multiple listing service this morning, … [Read more...]

How Much Home For $500K in LoCo, May 2014

Log cabin in Waterford

Since we last wrote about this, the number of homes for sale in Ashburn, Sterling, and Leesburg have doubled while the rest of LoCo has stayed constant. If you are searching in the $500,000 price point, you have 84 of the 1346 total homes currently on the market from which to choose. (As shown in the multiple listing service this morning, … [Read more...]

This LOL Doesn’t Come With a Smile (Lack of Listings)

Broadlands home

Two weeks ago I wrote about the lack of homes on the market, and it got me doing a little more digging. About two years ago Heather wrote something similar for the Washington Post. It's scary to see how close the numbers are: Ashburn Village:  18 now/ 20 then Ashburn Farm: 12 now/ 13 then Broadlands: 10 now/ 20 then Brambleton: 30 … [Read more...]

How Much Home for $300K in LoCo Today?

lansdownetowncenter-946x338

  Last week when we wrote about homes in the $400,000 price range there were 1500 active listings. Here we are a week later and only 2 more homes are on the market, maybe the weather is slowing things down. If you are searching in the $300,000 price point, you have 59 of the 1502 homes currently on the market from which to choose. (As shown … [Read more...]

How Much Home for $400k in LoCo Today?

South Riding townhomes

Guess the cold weather isn't slowing the market down, last week when I wrote about homes in the $750,000 price range there were only 676 on the market! If you are searching in the $400,000 price point, you have 56 of the 1500 total homes currently on the market from which to choose. (As shown in the multiple listing service this morning, … [Read more...]

Look Back: Ashburn Market in 2013

Cameron Chase Home 2

Ashburn has always been one of the most active real estate markets in LoCo. As Brambleton, Broadlands, and One Loudoun continue to grow, that should continue for years to come. Let's take a look at the year that was 2013... Our first chart shows the month by month breakdown of last year's 1827 total sales (15.5% more than 2012). The blue … [Read more...]

Price Tags in Ashburn Village are Going Up

Ashburn townhomes

Unlike Ashburn Farm, the past three months in Ashburn Village have been a little mixed. The townhome market is a little slower, while the single family market has improved. Interesting to note, the number of distressed sales is down considerably this year, let's take a peek. Over the last ninety days, 21 townhomes have sold in Ashburn … [Read more...]