Now, how much house for $400k?

It’s time for an update on available homes for sale in Loudoun in the $400,000 price point. The last time we took a peek at that segment of the market was in September.  At the time, there were only townhomes available in Ashburn. In Sterling, there were several townhomes and a few older single family homes. Leesburg offered many options, and western Loudoun had some nearly new in-town homes with luxury details. But what about now, during the spring market?

Right now, there are 83 resale homes for sale across Loudoun County, priced between $375,000 and $425,000.  Of those, eight are short sales, and six are foreclosures. (Not sure what a short sale is? I explain that here.) There are 34 single family homes, 45 townhomes, and four condos.

As in the fall, all of the available Ashburn homes (18 of them) are townhomes. The Sterling homes (14) are divided between newer townhomes and older single family homes, although this time there are two condo/townhomes in the Lowe’s Island/Trump National in the price point. There are 20 homes for sale in Leesburg, with a mix of townhomes and single family homes, and one four level townhome/condo within walking distance to downtown. Of all of the available homes, the average days on market is 54.

Sounds pretty daggone similar to what was available in September, only now there’s fewer to pick from. This is shaping up to be an interesting spring market.

If you are thinking about selling this spring, get your home’s market value emailed to you in a clickable report before you make any decisions.

Searching for a new home? Below are all houses in the $400k price range, or search here for all available homes:

[idx-listings linkid=”235402″ count=”5″ showlargerphotos=”true”]

Cheers,
Heather 

 

 

 

 

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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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