While it feels quieter to me as an agent since the end of April and the rush of business connected to the first time homebuyer tax credit, we are still certainly in the middle of the spring market, and the busiest period of the year for real estate in Loudoun County. After going through a period where there was really very little for buyers to pick from (and homes going under contract almost as fast as they were hitting the market), inventory has started to pick up slightly across Western Loudoun County. The median price of homes, compared to this point last year, is overall down slightly. However, the last couple of months has seen slight appreciation everywhere but Round Hill, so perhaps that will continue to improve.
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