Spent some time looking at what the market in Loudoun County has been doing for the last 30 day window, from today looking back. We had 1002 listings come on market, although 182 of those were listed previously. For the 820 actual “new listings”, 112 of them went under contract in the last 30 days. [...]
Continue reading about Loudoun County Market Snapshot, April 29th
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 [...]
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 [...]
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 [...]
Continue reading about Update: Homes Under Contract in Loudoun County
In working with a client getting ready to list a townhome in Ashburn, I was doing my research into the current state of the market. What I found was this: Garage townhomes in Ashburn, VA under $400,000 currently on market: 80 properties total; 55 active listings and 25 under contract (various stages) Now, the average [...]
Continue reading about An Ashburn Real Estate Market Observation…
