Category: Paeonian Springs
Most Expensive Homes Sold in Loudoun, 2020 Edition
We’ve been following the luxury market in Loudoun on our blog since 2010, writing yearly wrap-ups of the most expensive homes sold. (I even wrote about it for the Washington Post’s real estate column.) As the ‘richest county in the country‘ by household income, you’d think that we’d have a large volume of multi-million dollar... Read More
How to Sell Your Home and Buy Another Without Losing Your Mind
Worried about how to sell and buy at the same time? It’s okay: I get this question from just about every client who is thinking about selling: “How can we do this so that I don’t have to move twice? Is there any way to make it work so that we can sell and buy... Read More
Worth the Wait: a LoCo HappyDance
We are doing a bit of a happy dance here at LoCoMusings World Headquarters…because this is a moment we’ve been waiting for. You are now able to see SOLD listing information on our site! For years, our multiple listing service didn’t give us the option to be able to include that data on our website.... Read More
Virtual Staging? Absolutely Works.
“Is it better to show our home empty, or with our furniture in it?” That question inevitably comes up in most of our pre-listing conversations with our seller clients. And it’s a fair one: would a buyer more easily be able to envision living there if the space was empty or if the home still... Read More
LoCo Real Estate Year in Review for 2014
After a strong 2013 which saw sales rise 21% most of us in the real estate industry were expecting a banner year for 2014. It didn’t quite turn out that way, however a strong fourth quarter has us optimistic for a better 2015. Let’s take a look… Our first chart shows a month by month breakdown of the actual... Read More
Look Back: LoCo Market in 2013
2013 was the year of the seller in Loudoun County as every statistical measure of value in real estate increased. A couple of my buyers experienced this first hand with multiple offer situations, but we were still able to find them a home. Probably the most shocking stat was a 21% increase in total sold homes volume... Read More
Big Gains in Western LoCo this Summer
Last week we examined the summer markets in Ashburn, Leesburg, and Sterling. Now it’s time to finish up our review with Western LoCo. The market is always a little different here, many older homes and lots of acreage properties. Let’s take a look… In the last sixty days, 109 single family homes have sold, a 30% jump compared... Read More
Hello LoCo… the “Goodbye Tax” is Back (Updated)
Last Saturday, the Virginia General Assembly passed a new transportation bill (HB 2313) to help fund the states road systems. Part of the package is a 250% increase in the Grantor’s tax, the tax all Virginians pay when they sell a home or business property. About 4 years ago Heather wrote about the reduction of the Grantor’s... Read More
2012 LoCo Market Recap
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... Read More
LoCo’s Most Expensive Homes Sold in 2012
Back by popular demand, here are the top 5 most expensive homes sold in LoCo during 2012. Compared to 2011’s top seller at $4.5 million, this past year’s winner was in another stratosphere! Money can’t buy you love, but it can buy you fantastic properties in LoCo. 16775 Whirlaway Court, Leesburg: $2,000,000 Sold by Iris... Read More
LoCo Luxury Homes…Still Selling
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... Read More
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