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

Candlewick 00 How Much Home For $300K in LoCo, May 2014

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, excluding new construction.)

  • Ashburn: 14 homes. As you might expect, there are no single family homes available in this price point. Five townhomes, three of which are in Ashburn Village. Most offer 3 bedrooms and 2.5 baths on 3 levels, with 1333 square feet. The nine condos are all slightly bigger with 1570 square feet, and most only offer 2 bedrooms and 2.5 baths. There is one outlier property that has been on the market for over 300 days, otherwise the average is 24 days.
  • Leesburg: 36 homes. Two single family homes, two of which is over 150 years old. Of the twenty-six townhomes, almost all have 3 bedrooms and eleven of those have 3.5 baths. The Exeter and Sycamore Hill neighborhoods account for over half of the homes available, and you will get about 1434 square feet for your money. The remaining eight homes are condos averaging 2 bedrooms, 2 baths, and 1502 square feet.
  • Sterling: 21 homes. The only single family homes are both in Sterling Park, ramblers built in the late 1960′s with 3 bedrooms on a .25 acre lot. Nineteen townhomes for sale, four each in Countryside, Fox Creek, and Sugarland Run. Offering 3 bedrooms, 2.5 baths and 1232 square feet, only one has been built since 2000.
  • The rest: 16 homes. Seven single family homes from Aldie to Lovettsville, you have your pick of architectural styles. Buyers would expect 3 bedrooms, 2 baths, and 1394 square feet on just over an acre. Seven of the remaining 9 homes are in Aldie, and all 9 are condos. Most are one car garage units on three levels with 3 bedrooms, 2.5 baths, and 1759 square feet.

If purchasing a home this year is on your agenda, check out our Doorsteps program, a step by step interactive guide to the home buying process. For our market, quick action is critical to securing your home of choice. You can combat that by asking up for instant updates to receive emails with the information on homes you want immediately.

Whether you are buying today, next month, next year, or just need to figure out your options, I’m here to help. Feel free to reach out to me at Mike@LoCoMusings.com, or call or text 571-233-5495. Happy house hunting!

Cheers, Mike

Here’s a sampling of what’s available today:

See all What you can get for $300K in LoCo.
(all data current as of 8/20/2014)

  1. 4 beds, 3 full, 1 part baths
    Home size: 2,038 sq ft
    Lot size: 1,742 sqft
    Year built: 1997
    Parking spots: 2
    Days on market: 1
  2. 2 beds, 2 full, 1 part baths
    Lot size: 1,742 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 2
  3. 3 beds, 2 full baths
    Home size: 1,475 sq ft
    Year built: 2000
    Parking spots: 1
    Days on market: 2
  4. 3 beds, 2 full, 1 part baths
    Home size: 1,632 sq ft
    Year built: 2008
    Parking spots: 1
    Days on market: 3
  5. 4 beds, 2 full, 1 part baths
    Home size: 1,760 sq ft
    Lot size: 1,742 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 4

Listing information deemed reliable but not guaranteed. Read full disclaimer.

The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 8/20/14 5:05 AM PDT.

The listing information on this web site is from various brokers who participate in IDX.

Copyright 2014 MRIS. All rights reserved.

This IDX solution is (c) Diverse Solutions 2014.