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2012 LoCo Market Recap

Leesburg Courthouse in Autumn Glory

2012 saw an improvement in every measurable area for home sales in Loudoun County. Let's take a look at the key statistics and see what they tell us. Median sales price for single family homes was up to $533,641, the highest value since 2007 checked in at $644,924. This represents a 2% increase over 2011's median sales price of $523,666 … [Read more...]

LoCo’s Most Expensive Homes Sold in 2012

Beacon Home

Back by popular demand, here are the top 5 most expensive homes sold in LoCo during 2012. Compared to 2011's top seller at $4.5 million, this past year's winner was in another stratosphere! Money can't buy you love, but it can buy you fantastic properties in LoCo.   16775 Whirlaway Court, Leesburg: $2,000,000 Sold by Iris … [Read more...]

Here Come the Listings?

Loudoun homes for sale

If you've been reading the posts here for the last couple of months, you've heard me repeat over and over that we do not have a lot of available homes for sale on the market here in Loudoun.  Given that we are now in the first week of March, we should be hearing the stampede of listings approaching in the distance like a thundering herd of … [Read more...]

How Much House for $700k in LoCo?

Heskett Lane

So we've looked recently at what kind of house you can buy if your budget is $400k, $500k, or $600k in Loudoun County. Some move up buyers fall into the $700,000 price range; what kind of real estate falls into that budget? Amazingly, there is not a whole lot to pick from. As of today, there are only 41 non-short sale resale homes in LoCo … [Read more...]

Late to School in LoCo = Misdemeanor?

School hallway

Image Credit So I was surprised to see media stories popping up yesterday reporting that Loudoun County Public Schools had brought criminal charges against parents Amy and Mark Denicore for their three children's habitual tardiness to Waterford Elementary. You can click through and read articles at the Loudoun Times, the Washington Post, … [Read more...]

Is Your Tax Assessment Correct?

Spring in Ashburn

Are you thinking about selling this spring? Or do you just want to make sure that your new property tax assessment matches up with market value? This should help: here's the data for single family homes in Loudoun. If you want information targeted directly to your home and neighborhood, click here to schedule a consultation or sign up for an … [Read more...]

How Much House for $500k in LoCo?

Tulips

We're almost to the spring market (anyone else noticed the confused forsythia bushes blooming around here?) so I thought we'd take a look at how far your money will stretch...with $500,000 to spend, how much house can you get in Loudoun County right now?   Inventory is slim pickin's at the moment, with only 62 resale homes priced … [Read more...]

Buyer’s Market? Nope, not in LoCo.

Anything between 3 and 6 months is considered a balanced market

  With the mild winter weather, the spring real estate market is already showing signs of life in Loudoun County. Buyers are out and about, beginning to check out what homes are available. Sellers are deciding on pricing and when to list their homes as active on the market. And everyone thinking about a move, whether as a buyer or a … [Read more...]

LoCo’s Most Expensive Homes, 2011

11409 Coyote Court, Sterling

Last year in January I did a wrapup post of the most expensive homes sold in Loudoun County for 2010. Obviously, now it's time to take a look at the top 2011 luxury sales in LoCo. The top five homes sold, not unlike 2010, were all just about in the $2 million and above price range. Money may not be able to buy you happiness, but it can … [Read more...]

Happy new…market?

Spring in Ashburn

As we turn a new calendar year, here is a quick peek at one of the trend lines from last year...median price for single family homes in Loudoun County rose from around $530,000 to about $570,000. Not too bad, eh?  I'm sure if you are thinking about selling (or heck, if you are a LoCo homeowner) you don't mind seeing a 7% gain compared to last … [Read more...]