All about life and real estate in Loudoun County, Virginia
Sunshine, birds chirping, temps in the 50s, and crocuses pushing up signal the spring market is here. Let's take a peek at how things are shaping up in Ashburn. Median price for condos and townhomes combined have hit the highest mark in over three years, up almost 12% compared to last February! Although single family homes have not seen as … [Read more...]
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...]
I have almost the same conversation with every buyer client I work with..they ask me which neighborhoods are the safest, or most family friendly, etc, and I have to tell them...I can't answer that question. I know that seems counter-intuitive to the job that they have asked me to do, in helping them find the home that is the best fit for them. … [Read more...]
Sometimes when I am looking at different statistical reports, I see something that slaps me across the face as a significant difference. I got a bruise looking at the Leesburg reports this week, when I broke down price by zip code. Holy cow, what a difference betweeen 20175 and 20176! Single Family Home Median Price Condo/ Townhome … [Read more...]
Bottom of the Market, or Statistical Blip? These charts show the median price of homes for sale in Leesburg, Virginia, separated by zip code and home type. The first chart hones in on what has happened over the last 30 days, while the second chart shows the historical data for the last 180 days. Keep in mind that the 'condo median … [Read more...]
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 which they are … [Read more...]
