All about life and real estate in Loudoun County, Virginia
As we send the children off for the new school year we thought it was time to take a look at the beginning of the fall market. As the chart below displays, median price for single family, condominiums, and townhomes in Loudoun are at a two year high. This represents a 14% increase in single family home median price and a 21% increase in … [Read more...]
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...]
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...]
We haven't taken a look at Sterling in 6 months so it was time to check in. While the market here seems to be a bit more volatile than the rest of the county, there is a trend worth mentioning. In 2010 and 2011 the highest median price for single family and condo/ town homes occurs in the August September time frame. In addition, over the last … [Read more...]
Ashburn continues to lead LoCo in median price for single family homes, despite dropping 5% in the last two months. Combined condo and townhome values are up 3% over the same span, bringing them to a two year high. Inventory, which had been on the rise for the last 12 months, seems to be leveling off. Considering that the inventory has … [Read more...]
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...]
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...]
It never fails...if we get a stretch of warm weather, the real estate market warms up a notch as well. I know we've only really had one day of warmer weather so far, but I'm an optimist, and I am soooo ready for spring to get here! Have you started thinking about the spring real estate market? Before it arrives in full force, let's take a look … [Read more...]
We've turned the corner into another year in Loudoun, and I'm a couple of weeks late with a 2010 wrapup post on the state of the market. So how did 2010 turn out, compared to 2009? Total Homes Sold 2010: 4936, which is down 8.8% from 2009 Median Sale Price 2010: $362,500, up 8.2% from 2009 Average Days on Market 2010: 50 , down 24.5% from … [Read more...]
Part of my daily routine as a Realtor is looking at the multiple listing service to see how many new listings have come on market that day. During busier periods in the year, it's tough to keep up with all of the homes coming on (and going off) market on a day to day basis. Lately, though, it's been fairly easy to keep track: today, when I … [Read more...]
