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, where they have crept up slightly). In Hamilton, Round Hill, and Purcellville, single family home average DOM is lower now than where it was in October 2009, and significantly so in Purcellville and Hamilton. If we follow last year’s trend lines, expect that to rise a bit until we get into the spring market again.
Cheers,
Heather
