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 firstname.lastname@example.org.