All about life and real estate in Loudoun County, Virginia
Home builder confidence continues to rise. As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in September -- its highest mark since June 2006. The index is now higher through five straight months and 11 of the last 12. For home buyers , the survey … [Read more...]
As we send the children off for the new school year we thought it was time to take a look at the beginning of the fall market. As the chart below displays, median price for single family, condominiums, and townhomes in Loudoun are at a two year high. This represents a 14% increase in single family home median price and a 21% increase in … [Read more...]
The main terminal at Dulles Airport, as the sun starts to come up... Cheers, Heather … [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...]
I wouldn't go so far as to call the local real estate market loco...but it has been a completely different experience than 2011. Based on the May numbers released by MRIS, the multiple listing service that Realtors use here, our Loudoun sold dollar volume for May 2012 was $222,570,219, up 30.71% from May 2011. At the same time, overall days … [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...]
So it's definitely selling and buying season in Loudoun County. Figured it might be helpful for you to take a look at some of the statistics and trend lines. Below are three clickable charts that show you how the single family home market is behaving in Sterling, Ashburn, and Leesburg. Overall, median price is up, and days on market is … [Read more...]
If you have considered selling this spring, it's one of the first questions you want answered...how long will it take me to sell my house? Of course, there are lots of considerations that play into what your actual time on market ends up being (condition, price, location, just to name a few biggies,) but it's nice to have a visual guideline of … [Read more...]
It's time for an update on available homes for sale in Loudoun in the $400,000 price point. The last time we took a peek at that segment of the market was in September. At the time, there were only townhomes available in Ashburn. In Sterling, there were several townhomes and a few older single family homes. Leesburg offered many options, and … [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...]
