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 [...]
Continue reading about Loudoun County Market Update, Oct. 2nd
Time for a market absorption rate update for Ashburn, Leesburg, Hamilton, Purcellville, and Round Hill. Based on MRIS data from this morning, here are the current absorption rates for the towns and home types:
(Market absorption is the number of months it would take for the current inventory of homes to sell at the rate at [...]
Continue reading about Loudoun County Market Update for April 21, 2008
Took a quick peek to see what has been happening with listings and contracts around Loudoun County; based on today’s numbers, here is how it looks:
Ashburn:
Single Family Homes: 268 active, 43 under contract = 6.23 month absorption
Townhomes: 228 active, 82 under contract = 2.78 month absorption
All Listings: 563 active, 136 under contract = 4.14 month absorption
Leesburg:
Single [...]
Continue reading about Loudoun County Market Update, for March
Yesterday’s research on Ashburn townhomes and the high number of homes under contract got me poking deeper into the statistics. (It was a snow day, according to the school systems around here! I just enjoyed a day working from home! <smile>)
Here is what I found:
For Ashburn:
Townhomes, 210 active on the market, 75 under contract = [...]
Continue reading about Update: Homes Under Contract in Loudoun County
Sunday Open House at 38450 Midnight Sky Place, Hamilton, VA
Priced at $799,000
It’s that time of the week, when I am preparing to hold an open house for Sunday afternoon. This week, my Sunday 1 pm to 4 pm location is at a wonderful single family home in Hamilton, Virginia, at the Hamilton Ridge community. Built [...]
Continue reading about Where’s Heather? This Sunday’s Open House Information…
