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    Hello, LoCo! My, How the Market Has Changed…

    Today, let’s look at market statistics for Loudoun County as a whole. I think we are seeing some emerging trends here,as the statistics are holding true across both single family homes and condo/townhomes. Median price started trending up around the beginning of April, and continues to climb, while the inventory of homes started to drop at the same time. It looks like the condo/townhome market is seeing the most action, with less available inventory. The days on market charts are more specific to home type, though, with condos and townhomes selling much faster, and days on market dropping like a rock for them. Single family homes, on the other hand, are just now starting to see the market uptick reflecting in the days on market, which has dropped significantly since June 1st.

    I’ll be looking at the same statistics broken down by town and zip code over the next few days, so make sure you stop by Ashburn Market Stats and Leesburg Market Stats to get the scoop on what the market is doing in those towns.

    If you’d like a free statistical report on your zip code and home type emailed to you,  fill out the Subscribe Now form at the top of this page!

    Cheers,
    Heather

    Single Family Home Median Price
    Single Family Home Median Price
    Condo & Townhome Median Price
    Condo & Townhome Median Price
    Single Family Home Inventory
    Single Family Home Inventory
    Condo & Townhome Inventory
    Condo & Townhome Inventory
    Single Family Home Days on Market
    Single Family Home Days on Market
    Condo & Townhome Days on Market
    Condo & Townhome Days on Market

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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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