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Always fun to start the year with one of my favorite posts. Last year’s top 5 had only one home eclipse the $3,000,000 mark, this year only one didn’t! Without further ado, here are the top 5 most expensive homes sold in LoCo for 2013: 22553 Creighton Farms Drive, Leesburg: $2,497,000 After just missing out the…
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The real estate market is always a little slower this time of year, but there is still a bit more activity than normal. If your target budget falls around $500,000, you have exactly 69 homes for sale to choose from in ALL of Loudoun County right now. (As of this morning, counting all non-new construction homes active…
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I know it’s a few days early, but some areas of LoCo are starting fireworks this weekend. Here’s a list of everything going on over the next week:Saturday, June 29 Brambleton – Brambleton Plaza at 9:30 p.m. with a rain date of June 30 Sterling Park Golf, Swim & Tennis Club at 9:30 p.m. with a rain date of June…
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We’ve been talking for a while now about the slim inventory, and it can make the process of buying a home very challenging. Let’s take a look at the journey of my clients, Rob and Meghan, to shed a little light on our current market. To say they were ideal buyers would be an understatement. They…
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Around this time last year, Heather wrote a post about the low inventory levels to start the spring market. Well, 380 days later and we are in a smaller boat! Over the last 30 days (as of this afternoon), only 644 new resale listings (non-new construction) have come on the market. Amazingly, 51% (337) of those…
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To sell or not to sell, that is the question… I’m sure you have probably heard that the real estate inventory is very low in LoCo. We’re not alone: it’s so low in Nashville a friend of ours wrote they are desperately seeking sellers. This morning, I read a Wall Street Journal article about declining housing inventory and it got me…
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Half way through February, and inventory in LoCo is still very low. If you are searching in the $400,000 price point, you currently have the lowest total of any range with 36 homes from which to choose. (As shown in the multiple listing service this morning, excluding all new construction.) Considering 661 homes sold in this range…
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There has been so much happening at One Loudoun lately, I thought it was time to put it all together. New home construction is rocking, as sales passed the 100 mark recently. This Saturday, February 16th, NV Homes will hold their grand opening from 11 am to 5 pm. As the only townhomes in One…
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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…