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Luxury Home Outlook for 2014

Dunrobin home Luxury Home Outlook for 2014

We started the year off with one of our favorite posts, 2013′s Most Expensive Homes Sold in LoCo. Over the last few weeks we’ve reviewed the 2013 real estate market for most of our towns and many neighborhoods. Let’s take a look at last year’s luxury market and see what that may bring for 2014…

The number of homes selling with a $1,000,000 price tag or higher has been on a steady rise since 2010.  Eighty-three luxury homes welcomed new owners in 2013, the most since 186 homes sold during 2007. Ten of those were in River Creek, a gated golf course community in Leesburg. The second most popular million dollar neighborhood was Beacon Hill with five, while Belmont Country Club was next with four.

As of this morning, there are 89 existing homes currently for sale and 12 already under contract. Along with eight different new construction neighborhoods, including Creighton Farms and Evergreen Reserve, we are inclined to believe 2014 will continue the upward trend. If you are searching for a luxury home in LoCo, reach out to us and we’d be happy to help.

Cheers,
Mike

Here’s a peek at some LoCo real estate eye candy:

See all Loudoun Luxury Homes.
(all data current as of 7/23/2014)

  1. 3 beds, 3 full baths
    Lot size: 11.44 ac
    Year built: 1980
    Parking spots: 3
    Days on market: 1
  2. 4 beds, 6 full baths
    Lot size: 3.78 ac
    Year built: 1980
    Parking spots: 2
    Days on market: 1
  3. 5 beds, 5 full, 2 part baths
    Home size: 7,570 sq ft
    Lot size: 17,424 sqft
    Year built: 2006
    Parking spots: 3
    Days on market: 5
  4. 4 beds, 4 full, 1 part baths
    Lot size: 10.04 ac
    Year built: 2000
    Parking spots: 3
    Days on market: 5
  5. 5 beds, 5 full, 1 part baths
    Home size: 6,254 sq ft
    Lot size: 27,007 sqft
    Year built: 2004
    Parking spots: 3
    Days on market: 6
  6. 4 beds, 3 full, 1 part baths
    Home size: 4,441 sq ft
    Lot size: 33,541 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 6
  7. 5 beds, 4 full, 1 part baths
    Lot size: 15.20 ac
    Year built: 1985
    Parking spots: 2
    Days on market: 7

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 7/23/14 1:47 AM PDT.

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

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