All about life and real estate in Loudoun County, Virginia
Here's a wrapup of some news worth noting in LoCo lately.... Our brand new Board of Supervisors has (temporarily?) put the brakes on the western sheriff's substation that was slated to begin construction in Round Hill in March. Loudoun voters approved a bond referendum in 2005 to fund it; 10 years of contentious negotiations had finally … [Read more...]
As we turn a new calendar year, here is a quick peek at one of the trend lines from last year...median price for single family homes in Loudoun County rose from around $530,000 to about $570,000. Not too bad, eh? I'm sure if you are thinking about selling (or heck, if you are a LoCo homeowner) you don't mind seeing a 7% gain compared to last … [Read more...]
I've been reading a number of articles in the last few weeks saying the 2012 real estate market is ready for a rebound and thought it was worth a look. Although the LoCo market has not been as adversely affected as others, the numbers do suggest things are on the upswing. Compared to last December, median prices are up 7% on single family … [Read more...]
Are you looking for perfectly LoCo Halloween festivities? Here are some great local events to make this Halloween fangtastic: The 54th annual Leesburg Halloween Parade is on Halloween at 6:00 pm, starting as always at Ida Lee Park and traveling south on King Street. Please bring a nonperishable donation for the Loudoun Interfaith Relief … [Read more...]
It's been a while since we have looked at Western LoCo and things appear to be holding steady over the last year. The median price of a single family home in Round Hill has jumped 10% in the last six months, while Hamilton, Purcellville, & Lovettsville have leveled off a bit. Lovettsville has made a nice recovery in the last six months … [Read more...]
A year ago we took a look at the median price per square foot for Loudoun County. At that time the price per square foot was $160, and as we see below the price of owning one square foot in LoCo has jumped to $190. It bears mentioning you must always factor in age, updates, amenities and of course location when considering what this may mean … [Read more...]
The storm that rolled through Loudoun last night around 7:30 was pretty fierce, and we were on the way from Leesburg to Purcellville via Dry Mill Road when it opened up. For those of you not familiar with the road, it's the "back way", and it's lined with gigantic trees on both sides of the road. When the lightning started to crack, we … [Read more...]
The spring selling season is upon us...so what does that mean for inventory levels out in western Loudoun? Here's a look at the single family home market in Hamilton, Purcellville, Round Hill, and Lovettsville...bear in mind that we are looking at smaller sample data for these areas, so a small uptick can look like a big swing in the market. … [Read more...]
The one question that I get asked on a daily basis is 'how's the market?'...I took a look at the eastern part of Loudoun County earlier, so here, we are going to look at how real estate in the western towns is faring. Median price seems to be on the upswing everywhere except Lovettsville, while inventory is pretty flat everywhere (but is still … [Read more...]
It's almost spring (nearly 60 degrees outside today, and I have warm weather on the brain!) Getting an itch to buy and/or sell? When we start seeing some warm days is when we start to see listings hitting the market in Loudoun…typically. So it's a great time to look at the real estate market in Western LoCo before things start to get … [Read more...]
