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I thought it might be helpful to look at how the current market climate has affected median price in different towns across the county. The first chart shows single family home data, and the second shows the combined condo/townhome market. Everything seemed pretty stable right up until the beginning of March, huh? I’m guessing that…
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Brookfield Homes is apparently closing out its’ small amount of lots in Goose Creek Bend with two final homesites, set to be finished in June. Goose Creek Bend is a small community located off of Sycolin Road, with a Leesburg mailing address but closer proximity to Belmont Ridge Road and Ashburn. I’m surprised that Brookfield…
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Homeowners in Ashburn, take note…if you are thinking of selling, don’t just look at the overall market in your town, look at how your particular home type stacks up. There is a pretty significant difference in what is going on in the single family home market in Ashburn compared to the condo/townhome market. Single Family…
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A few things I’ve received from builders in and around LoCo in the last week or two…if you are interested in any of these communities, just call or email me… Lennar has sold out of their first set of lots available at the newly reopened Martin’s Chase community in Ashburn, but they are offering a…
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Take a peek at the charts below, which give you a snapshot of both the single family home market and the condo/townhome market in Sterling, Ashburn, and Leesburg. One of the main things that jumps out at me is how the “Homes Absorbed” compare to the “Newly Listed”~~since in all cases those numbers are very…
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Here’s a wrapup of some news worth noting in LoCo lately…. Don’t forget that the Loudoun County Fair is going on now! Located off of Dry Mill Road in Leesburg, the fair runs until Sunday. We’ll be there tonight! The proposal to put a minor league baseball stadium at Kincora (located at the intersection of…
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Any working real estate professional in Loudoun County is going to nod their head in agreement when looking at these charts; the real life ‘boots on the pavement’ experience is matching up for certain with what we see on these charts. Ashburn condos and townhomes are definitely selling as fast as they are coming on…
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Ashburn Median Price Starts to Creep Up Median price is trending upwards across Ashburn, except for condo/townhomes in 20148, where median price has flattened. Inventory continues to remain low, and mostly flat since March. From what I have observed while doing business the last few weeks, the uptick in mortgage rates has slightly slowed the…
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Well.. I knew I was having a difficult time locating available properties for buyers in Ashburn, and the current inventory numbers certainly support that. You can see an uptick between March and mid-May, which makes sense from a seasonal perspective, but it is so far off from the super-high inventory levels of last summer! You…