Dramatic graphs, huh? Doesn’t take a rocket scientist to see what the trends are for single family homes in Leesburg… Inventory is still contracting, while median price has risen from a low of around $607,000 in April to the current $640,943. I’m watching to see what happens after November 30 and the first time homebuyer tax credit ends; that has been the driving force in our local market. For now, though, the upswing in homes under contract continues!
| 90-day stats for Single Family properties in
LEESBURG, VA as of August 21, 2009
|Median List Price||$640,943||Average List Price||$820,165|
|Total Inventory||363||Price per Square Foot||$154|
|Average Home Size||4,399||Median Lot Size||15,447|
|Average # Beds||4.27||Average # Baths||4.41|
|Homes Absorbed||26||Newly Listed||20|
|Days on Market||190||Average Age||23|
Median Price $640,943
Questions? Just ask!