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Wow, Median Home Prices Up 102% in 10 years!

I have almost the same conversation with every buyer client I work with..they ask me which neighborhoods are the safest, or most family friendly, etc, and I have to tell them...I can't answer that question. I know that seems counter-intuitive to the job that they have asked me to do, in helping them find the home that is the best fit for them. … [Read more...]

Spooky, Scary, Halloween Time Again!

barfolantern

Halloween is just a week away...looking for something fun to do in Loudoun? Lots of great spooky happenings in and around LoCo: The 53rd annual Leesburg Halloween Parade is on Halloween at 6:00 pm, starting at Ida Lee Park and traveling south on King Street. Spectators are asked to bring a nonperishable donation for the Loudoun Interfaith … [Read more...]

When a Flat Line is a Good Thing…

Spring in Ashburn

For this week at Western LoCo Stats, let's look at what median price is doing in western Loudoun. The orange lines are median price for single family homes in the different towns, while the black line is the combined condo/townhome market. These charts go back several years, so you can get a good feel for the overall trend line. Keep in mind … [Read more...]

LoCo Farm Color Tour…With Wine!

Autumn in Loudoun

Looking for something fun to do this weekend? The farms and wineries in Western Loudoun are playing host to the 2010 Farm Color Tour today and tomorrow from 10 am to 4 pm.  While it's peak viewing time for fall foliage, you can also enjoy food, wine, and live music at various farms and vineyards across the county.  You can visit the alpacas … [Read more...]

Falling For Fall

Spring in Ashburn

Earlier this week I took a look at the housing inventory for Loudoun County as a whole. Looking at these charts, the towns in Western Loudoun are certainly mirroring the same trend line, after spiking up during the summer months, levels are dropping for the fall: Cheers, Heather … [Read more...]

Overall, Not as Long

western LoCo Market Stats

For this week's statistics, we are looking at average days on market for various towns in Western Loudoun. Last year, around this time, days on market started to creep up, and stayed high, up until March.  Across the board, we see the average days on market drop through August, since when they have stayed pretty flat (except for Lovettsville, … [Read more...]

Looks Pretty Positive to Me…

Spring in Ashburn

So, taking the pulse of the real estate market in the western part of Loudoun County, and what do we find? Across the board, average days on market are down significantly since the spring, inventory levels are still low, and median price is trending up. Overall this looks pretty positive to me. While the national media wants to bash the … [Read more...]

No Dip Here, Either

Spring in Ashburn

Yesterday I posted on LoCo Market Stats about how median price in Loudoun hadn't dipped in the summer as I expected. From the chart above (black line is single family homes, orange is combined condo/townhome stats) you can see that pricing has stayed relatively steady, after squeaking upward slightly toward the end of the first time homebuyer … [Read more...]

Quick Peek at the Market?

LoCoMarketStats

Interested in getting a more in depth look at the market? Click on any of the pins below to get a quick glimpse of the real estate market for that area, and enter your name and email address to get a detailed report sent to you. Knowledge is power, right? Let me know if you have any questions once you review your report. Cheers, Heather … [Read more...]

Rollercoaster Inventory: Going Up

western LoCo Market Stats

Well, it certainly looks like we are moving back into a buyer's market again, at least in Western Loudoun County. The charts below show only single family home statistics, but clearly our inventory levels have risen steeply since the first time homebuyer tax credit ended in April. If you are a buyer in this market, there are basically twice as … [Read more...]