All about life and real estate in Loudoun County, Virginia
The most recent market report looked at a current inventory of 1403 homes in Loudoun County. For single family homes, the median price was $548,700, while for condos and townhomes the median price was $256,026. As you can see from the chart below, inventory has remained low for single family homes, especially in Sterling. Median price is … [Read more...]
Here are the latest real estate inventory statistics for LoCo...Looks like Sterling took a breather last week after that huge jump in contracts (and coinciding dip in inventory) the week before. Meanwhile, Ashburn saw a bit of action last week, both in the condo/townhome segment as well as the single family home market. Leesburg and … [Read more...]
Here are some charts that compare market behavior for Sterling, Ashburn, Leesburg, and Purcellville. The 'Condo' charts include townhomes and condos, and the other charts are single family homes only. First, let's take a look at the median price for condos and townhomes...looks like Leesburg and Ashburn are holding steady, with a slight dip in … [Read more...]
Here's the most up to date market statistics, broken down by town for Loudoun County. Keep in mind that the 'condo' report includes all townhome and condo properties, just not single family homes. Days on market are shorter in the eastern part of the county, but inventory levels remain quite low everywhere! … [Read more...]
According to Living in LoCo, the Virginia Department of Transportation (VDOT) announced today that it will begin paving the last 1.3 mile stretch of gravel road on Sycolin Road in March. Two 12 foot wide lanes with four feet wide shoulders (along with some road straightening and drainage improvements) are set to be completed by November. … [Read more...]
We just looked at Leesburg's numbers, based on the data in the multiple listing service (MLS)...now, let's look at Ashburn's. For single family homes, taking out the generic builder listings, there were 140 homes available on the market, ranging in price from a 78 year old farmhouse on Waxpool Road for $299,000 up to a $1,590,000 Belmont … [Read more...]
Fresh out of the oven at our multiple listing service...the current number of homes for sale in Loudoun County is... 2,266. With 428 homes under contract, that puts the market absorption rate at 5.3 months (the amount of time it would take for all of the homes on the market to sell, at the rate at which homes are currently selling.) Of those … [Read more...]
Did you notice that my blog has been a little quiet for the last week or so? The school year has begun for Loudoun County, and with it the fall youth sports season is in full swing. If you see me in the evenings playing taxi for my kiddos, please wave! Never a dull moment... A few things of note have happened for Loudoun County in the last … [Read more...]
Got a "Beazer Insider" update this week with some immediate delivery homes at very good prices! In their townhome community at Lansdowne Town Center, they have a Vickery model, brick front, two car garage townhome for $389,990, with three bedrooms, two full baths, and two half baths; the kitchen has maple cabinets, stainless steel … [Read more...]
From David Oakley at his World Champions Karate school in Leesburg: As you may have heard, WCK has 5 students who earned spots on the US Karate Team. Congrats to Dan Venezia, Melissa Lohaus, Colby Oakley, Brett Morris, and Michele Kasen. They will be traveling to Orlando, FL this November to compete against people from all over the … [Read more...]
