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LoCo Market Peek: What’s Going On?

LoCoMarketStats

So it's definitely selling and buying season in Loudoun County. Figured it might be helpful for you to take a look at some of the statistics and trend lines. Below are three clickable charts that show you how the single family home market is behaving in Sterling, Ashburn, and Leesburg.  Overall, median price is up, and days on market is … [Read more...]

Slowing for Fall in Leesburg

Leesburg in the fall

  The new school year is almost upon us in Loudoun, and the real estate market slows down accordingly...here's the latest data for both Leesburg zip codes combined:   Inventory continues to creep up, and median price is holding steady. Days on market, which had fallen steadily since April, appears to be inching back up a … [Read more...]

Summer in Ashburn…

Ashburn Place

The weather's hot, and so is the real estate market in Loudoun County, especially in the under $400,000 price range....Even though inventory has risen (thankfully, it was low), median price is steady and days on market has dropped. I've been unseasonably busy the last few weeks, and the data matches up.  Days on market is lower because the … [Read more...]

Seeing Lots of Signs?

Western Loudoun

The spring selling season is upon us...so what does that mean for inventory levels out in western Loudoun? Here's a look at the single family home market in Hamilton, Purcellville, Round Hill, and Lovettsville...bear in mind that we are looking at smaller sample data for these areas, so a small uptick can look like a big swing in the market. … [Read more...]

Inventory Checkup For Loudoun

front door

So it's mid-May and the inventory still feels low to me; thought it would be worthwhile to look at where our inventory levels really sit for Loudoun. As always, keep in mind the condo line includes townhomes as well... Looking from the first of the year forward, it doesn't look like we've gained much inventory in either section of the … [Read more...]

State of the Leesburg Market

Leesburg Loudoun County courthouse in autumn

Having already checked out the single family homes market in Sterling and Ashburn, what's going on in Leesburg, and how does it compare? Here are the charts, as of this week:   So median price is trending up, with a 6% gain since January, although it's down (barely, 1.6%) versus April 2010. Inventory is up 12% compared to this time … [Read more...]

State of the Sterling Market

Sterling communities

Yesterday we looked at the market for single family homes in Ashburn. Today, let's see what's going on in Sterling. Here's how the statistical charts look this week:     Median price catches my eye right away...that's a jump of 20% since the beginning of the year! Big movement in this area. Inventory, meanwhile, is down about … [Read more...]

State of the Market in Ashburn

Ashburn Place

  Let's take a really good look at the state of the real estate market for single family homes in Ashburn, now that it's mid April, and the market is decently busy for spring. Here's what the charts look like: So, what does this mean? Median price looks like it's moving around a lot, but that's not truly representative: it's up roughly … [Read more...]

Well, That’s Not Right…

No, the lilacs aren't blooming. Yet.

I keep checking inventory levels hoping to see more homes available on the market in Loudoun County. It's nearly April, the grass is turning green, the bunny rabbits have already snuck in and eaten my crocuses (croci?)...so where are the homes to sell?!? The charts below show inventory levels first for single family homes, and then for … [Read more...]

It’s March. How’s it looking?

Spring in Ashburn

The question I get asked on a daily basis... "How's the market?" Here's some charts that will tell you exactly how the market is doing for single family homes in Ashburn, Sterling, and Leesburg. Pop in tomorrow and I'll update you on condos and townhomes then. Ashburn Single Family Homes     Sterling Single Family … [Read more...]