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And the Hottest Neighborhood in LoCo this Month Is…

South Riding home

Two weeks ago I wrote about the top selling neighborhoods in LoCo, and Brambleton was the leader of the pack with 15 sales in the previous 30 days. Well, the top spot now belongs to South Riding with 29 sales in the last month. Let's take a look at what is moving in this community and how it could affect you. Sixteen townhomes have changed … [Read more...]

Big Selection in the Luxury Market

Grenata home

Every day I search the multiple listing service looking for something that sticks out. Sometimes it's a neighborhood that's really active, others it is a price point which is unusually quiet. Poking around this morning, I found there are 42 existing homes for sale over $2 million in LoCo (10 yet to be built new construction are listed as … [Read more...]

Boom! Boom! in Belmont CC (and I Don’t Mean Fred Couples)

annenberg

A couple of weeks ago I wrote about the hottest selling zip codes in LoCo, and Belmont Country Club was at the top. Today, let's take a look at what having the option to join an exclusive private club in Ashburn means for your real estate investment. Over the last 90 days, 16 townhomes have sold (non-new construction) in Belmont at an … [Read more...]

The Mover and Shaker Neighborhood of LoCo

brambleton

Last week I wrote about the top selling zip codes in LoCo. When researching that post, I found Brambleton was one of the busiest neighborhoods in the county. Today, let's take a look at the activity there over the last 90 days: Since December 27, non-new construction townhomes have sold at an average price of $434,168. Compared to the … [Read more...]

Up, Up, Up in Broadlands

South Riding home

Despite yesterday's brief snow, it's spring and the market is heating up. Today, let's take a look at what's been happening in the Broadlands neighborhood in Ashburn during the last few months. I've spent some time with clients here lately, and can personally attest to what the numbers reveal. Over the last 90 days, 12 townhomes have sold … [Read more...]

Deals To Be Had in Potomac Lakes?

South Riding townhomes

This morning's market update is for Potomac Lakes, in Sterling. This is the first neighborhood I have researched this spring where average sales price have declined compared to a year ago. Townhome sales are dominating this neighborhood over the last 90 days, with more than double last year's total of 6. Since December 13,  thirteen sales … [Read more...]

Leesburg’s Potomac Station, Another Sizzling Neighborhood

Potomac Station sign

Continuing our look at the spring market, here is an update for the past three months in Potomac Station. One interesting note, every home sold since December 11, 2012 has been a standard sale. During this time period last year, six of the fifteen total sales were either foreclosures or short sales. Townhome sales in Potomac Station have … [Read more...]

Price Tags in Ashburn Village are Going Up

Ashburn townhomes

Unlike Ashburn Farm, the past three months in Ashburn Village have been a little mixed. The townhome market is a little slower, while the single family market has improved. Interesting to note, the number of distressed sales is down considerably this year, let's take a peek. Over the last ninety days, 21 townhomes have sold in Ashburn … [Read more...]

Ashburn Farm is Heating Up

Ashburn homes

The market is heating up, so it's time to let you know what's happening in some of the busier LoCo neighborhoods. This morning, let's take a look at the the last three months' activity for Ashburn Farm. Townhome sales are up 42% compared to this time frame last year (17 vs. 12). Each period included two short sales, with one foreclosure … [Read more...]

Lansdowne Market Update

Lansdowne Town Center

Lansdowne has become one of the premier neighborhoods in LoCo, offering everything from condos to $1,000,000+ single family homes. Let's take a look at 2012, a year that had a nearly 20% increase in sales over to 2011. There are a few distinct segments to the Lansdowne market, first we'll review the town center area. There were 23 total … [Read more...]