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How Much Home for $500K in LoCo, Sept 2014
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It’s been a while since we wrote about what you can get for your money in LoCo so let’s take a look. On May 21st there were 1346 total homes on the market with 84 in the $500,000 price range. Today, if you are searching in the $500,000 price point, you have 119 of the 1706 total homes currently
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How Much Home for $400K, June 2014
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It’s not unusual for this segment of the market to be the most active, however 40% more listings than the next closest price range is kind of surprising. If you are searching for a home in the $400,000 ball park, you have 178 of the 1548 total homes currently on the market from which to choose. (As shown in the
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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 Station
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Instant replay, that would be the description of the 2013 real estate market in Potomac Station. For the second year in a row 89 homes sold in this Leesburg neighborhood, let’s take a closer look… Most single family homes in Potomac Station have 4 bedrooms, 3.5 baths, and are on almost a quarter acre. Forty of
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Look Back: Leesburg Market in 2013
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The 2013 Leesburg real estate market was a tale of two zip codes. Folks living in the 20176 portion of town watched home sale prices rise moderately, while those living in the 20175 zip code saw prices remain steady. That’s a little different than LoCo’s averages, which we wrote about earlier this week. Let’s take a look…
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Leesburg’s Potomac Station, Another Sizzling Neighborhood
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Continuing our look at the spring market, here is an update for the past three months in Potomac Station. One interesting note, every home sold since December 11, 2012 has been a standard sale. During this time period last year, six of the fifteen total sales were either foreclosures or short sales. Townhome sales in
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JR’s Festival Lakes Gone, New Homes Pop Up
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Anyone who has driven down Fort Evans Road toward Lansdowne in Leesburg recently has noticed the sudden deforestation where JR’s Festival Lakes used to be. K Hovnanian Homes just held their grand opening for the River Pointe community this month. New construction communities have been limited well to the north or south of town for
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Battlefield Parkway Groundbreaking
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In case you didn’t notice, the construction has begun to connect Battlefield Parkway in Leesburg between Kincaid Forest Boulevard and Route 7 at Potomac Station. The official date for the work to start was January 24th, but the only thing I noticed that day was a few trees starting to quiver and fall on the
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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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