Seeing Yard Signs? Not Many!

I took a look at the number of homes for sale right now in all of Loudoun County and also in Leesburg, and found that inventory has dipped dramatically in the last two weeks.  Purcellville and Round Hill are no exception. (Keep in mind the condo chart also includes townhomes.)

[altos_chart st=”VA” cid=”1977115″ zid=”2895711″ rt=”sf” ra=”a” q=”a” left=”median_inventory” size=”m” timeSpan=”e” endDate = “2010-04-02” /]

[altos_chart st=”VA” cid=”1977115″ zid=”2895711″ rt=”mf” ra=”a” q=”a” left=”median_inventory” size=”m” timeSpan=”e” endDate = “2010-04-02” /]

[altos_chart st=”VA” cid=”1977130″ zid=”2896948″ rt=”sf,mf” ra=”a” q=”a” left=”median_inventory” size=”m” timeSpan=”e” endDate = “2010-04-02” /]

Not a whole lot to pick from, all of a sudden, huh? Around 40 homes went under contract in Purcellville and Round Hill in the last 30 days (and that’s a lot for western LoCo) That means we have about three months of inventory available at the rate at which they are going under contract. I have no idea (and am interested to see) what will happen after this month, when the tax credit is no longer affecting the market.

If you are thinking of selling this spring, I’d highly recommend getting on market this week: very little competition, and highly motivated buyers. If you are looking to buy this month, make sure you are working with an agent that is getting new listings to you on a daily basis, so that you don’t miss out.

Here’s a map and details of all the homes currently for sale in Purcellville and also for Round Hill.

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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