Potomac Lakes

  • How Much Home for $400K in LoCo, Feb. 2016

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      Last week we wrote about the lack of listings on the market and as we take a closer at what you can buy for $400,000 today in LoCo it continues to be true. Normally we can expect between 100 and 200 active homes for sale in this price range. As of this morning only…

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  • Slow Rising Tide in LoCo

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    A month ago we wrote about how few listings there were on the market, 660 non new construction homes to be exact. Here we are one month later and we’ve only climbed to 835 on the multiple listing service. How did we get there? 680 homes have been listed since February 26, with 251 of…

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  • This LOL Doesn’t Come With a Smile (Lack of Listings)

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    Two weeks ago I wrote about the lack of homes on the market, and it got me doing a little more digging. About two years ago Heather wrote something similar for the Washington Post. It’s scary to see how close the numbers are: Ashburn Village:  18 now/ 20 then Ashburn Farm: 12 now/ 13 then…

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  • 2013 Year in Review: Potomac Lakes

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      Located in Sterling between Route 7 and the Algonkian Regional Park, Potomac Lakes is a community of single family homes and townhomes built between 1989 and 2002.  We know this area well having spent countless weekends on the softball fields at Potomac Lakes Sportsplex. Let’s take a look at last year’s real estate market here… Potomac Lakes…

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  • How Much Home for $400k in LoCo Today?

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    Guess the cold weather isn’t slowing the market down, last week when I wrote about homes in the $750,000 price range there were only 676 on the market! If you are searching in the $400,000 price point, you have 56 of the 1500 total homes currently on the market from which to choose. (As shown in the multiple listing service this…

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