Looks Pretty Positive to Me…

So, taking the pulse of the real estate market in the western part of Loudoun County, and what do we find? Across the board, average days on market are down significantly since the spring, inventory levels are still low, and median price is trending up. Overall this looks pretty positive to me. While the national media wants to bash the housing market, Loudoun County appears to be pretty stable. Just goes to show that trying to look at the national real estate market is like trying to look at the national weather forecast: everything is local, folks. (And hat tip to Dan Green at The Mortgage Report for that analogy.) Feel free to mouse over the charts and adjust them to view the time frame you’d like to look at.

Hamilton

Purcellville

Round Hill

Lovettsville

Cheers,
Heather

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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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