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Back to School Market Update
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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…
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Time for the Fair!
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This is the week! The annual Loudoun County Fair starts today and runs through Saturday the 28th. Gates are open at 4pm today; and tonight is the Miss Loudoun Pageant. Every night beginning Monday, one of the 4H clubs is putting on a dinner. The carnival portion opens tomorrow at 6 pm, with plenty of…
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LoCo Luxury Homes…Still Selling
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Back in January, I wrote a post about the luxury market in Loudoun, the $1 million-plus homes, that also ran in the Washington Post’s real estate blog. At the time, I pointed out that the luxury market seemed to be rebounding, with the overall number of million dollar homes sold rising from 50 homes…
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LoCo Market Update: Blue Skies and Sunny
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I wouldn’t go so far as to call the local real estate market loco…but it has been a completely different experience than 2011. Based on the May numbers released by MRIS, the multiple listing service that Realtors use here, our Loudoun sold dollar volume for May 2012 was $222,570,219, up 30.71% from May 2011. At…
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What I Love About Western LoCo
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Because this little corner of the web has much to offer in the way of Loudoun photographs and thoughts on living here, I often hear from folks who are considering a move. Last week, I spoke with a couple that are thinking about Purcellville and western Loudoun for their next abode; they would be moving…
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Tavistock Farms Market Report, June
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If you are a homeowner in Tavistock Farms in Leesburg, you may be receiving my mailed market updates directly at your home. If not, though, don’t fear…here’s the latest update on the real estate market within your neighborhood. The stats since March 1, 2012: Three single family homes have sold, average days on market 73,…
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LoCo Market Peek: What’s Going On?
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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,…
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Now, how much house for $400k?
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It’s time for an update on available homes for sale in Loudoun in the $400,000 price point. The last time we took a peek at that segment of the market was in September. At the time, there were only townhomes available in Ashburn. In Sterling, there were several townhomes and a few older single family…
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Here Come the Listings?
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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…
About Our Blog
Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.
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