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Category: Paeonian Springs

    Most Expensive Homes Sold in Loudoun, 2020 Edition

    By Heather Elias | January 14, 2021

    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

    By Heather Elias | July 15, 2019

    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

    By Heather Elias | July 11, 2019

    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.

    By Heather Elias | February 18, 2019

    “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

    By Michael Elias | January 15, 2015

    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

    Take a Tour of Western LoCo This Weekend

    By Michael Elias | March 28, 2014

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    Look Back: LoCo Market in 2013

    By Michael Elias | January 13, 2014

    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

    By Michael Elias | September 6, 2013

    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)

    By Michael Elias | February 27, 2013

    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

    By Michael Elias | January 30, 2013

    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

    By Michael Elias | January 23, 2013

    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

    By Heather Elias | June 26, 2012

      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

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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