All about life and real estate in Loudoun County, Virginia
This isn't Texas, so most of us don't have our own backyard pool. We do have a two great community pools in Lovettsville and Purcellville (Franklin Park), and this year for the first time you can purchase a family pass for the season. We snagged this from the Loudoun County Parks and Recreation facebook page: PRCS outdoor pools will be … [Read more...]
The Spring market is in full swing and inventory in LoCo is still very low. If you are searching in the $500,000 price point, there are currently 42 homes from which to choose, just over one month's worth of inventory. (As shown in the multiple listing service this morning, excluding all new construction.) The average home in … [Read more...]
Last Saturday, the Virginia General Assembly passed a new transportation bill (HB 2313) to help fund the states road systems. Part of the package is a 250% increase in the Grantor's tax, the tax all Virginians pay when they sell a home or business property. About 4 years ago Heather wrote about the reduction of the Grantor's tax from $5 per … [Read more...]
2012 saw an improvement in every measurable area for home sales in Loudoun County. Let's take a look at the key statistics and see what they tell us. Median sales price for single family homes was up to $533,641, the highest value since 2007 checked in at $644,924. This represents a 2% increase over 2011's median sales price of $523,666 … [Read more...]
Back in January, I wrote a post about the luxury market in Loudoun, the $1 million-plus homes, that also ran in the Washington Post's real estate blog. At the time, I pointed out that the luxury market seemed to be rebounding, with the overall number of million dollar homes sold rising from 50 homes sold in 2010 to 62 in 2011. When I … [Read more...]
Because this little corner of the web has much to offer in the way of Loudoun photographs and thoughts on living here, I often hear from folks who are considering a move. Last week, I spoke with a couple that are thinking about Purcellville and western LoCo for their next abode; they would be moving from Maryland. With a free Saturday to come … [Read more...]
If you've been reading the posts here for the last couple of months, you've heard me repeat over and over that we do not have a lot of available homes for sale on the market here in Loudoun. Given that we are now in the first week of March, we should be hearing the stampede of listings approaching in the distance like a thundering herd of … [Read more...]
Are you thinking about selling this spring? Or do you just want to make sure that your new property tax assessment matches up with market value? This should help: here's the data for single family homes in Loudoun. If you want information targeted directly to your home and neighborhood, click here to schedule a consultation or sign up for an … [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...]
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...]
