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Time for us to do our annual look back on how the luxury real estate market performed in Loudoun over the course of the last year! As home prices have continued to rise, the definition of ‘luxury market’ in Loudoun has adjusted as well. Our average home price rose to $778,048 in 2023, up from…
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Looking for your next home but really want to buy one that’s brand new? We’ve got you covered. Here’s a list of the most recent construction listings in Loudoun, followed by a link to ALL new construction listings. Keep in mind that the information on those listings is typically the base price for the home,…
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We’ve already written about What to Expect When You Are Buying and felt it was time to give sellers an idea about how the process works from their side of the table. Keep in mind, we are writing this from the Loudoun County perspective. The process in Virginia is likely different than in other areas of…
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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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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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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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Last week when we wrote about homes in the $500,000 price range there were 1346 active listings. Here we are a week later and 45 more homes have hit the market. If you are searching in the $300,000 price point, you have 87 of the 1391 homes currently on the market from which to choose. (As shown in the multiple listing…