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More good news for LoCo!

If only all financial data were trending this way! As you can see from the chart below, the median price for single family homes in Loudoun has increased nearly 10% since the beginning of the year.

We see the upward trend continue with condominiums and townhomes, where median price has increased 14% in the last 6 months.

A good sign for our local economy, but what does it mean for you? Higher home sales price equates to higher appraisals and potentially more equity. Might be a good time to consider moving up! If you would like more information relevant to your specific property,  contact us at team@locomusings.com.

Cheers,
Mike

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About our blog

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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