Stability Makes Me Happy

This week in the real estate market in Leesburg, we see more of the same…stability is a wonderful thing! Prices are still flat, and new listings coming on market is balancing with listings absorbed. The two charts in brown below will update weekly, but for this week (today is May 12th) you can see that the Homes Absorbed number and the Homes Listed number are pretty similar.

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And here’s another nice sign that the market is stabilizing:

Median Price of New Listings
Median Price of New Listings

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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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