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Yesterday we reviewed the summer market for Ashburn, today let’s have a peek at how Leesburg has fared over the past two months. Since June 29 there have been 192 non-new construction single family home sales in Leesburg . The average listing had 4 bedrooms, 3.5 bathrooms, spent 35 days on the market (DOM), and was priced at $534,210. This represents a slight…
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School is about to start in LoCo, which typically brings a two week reprieve before the fall market kicks in. It’s a good time to look back at sales over the last couple of months and see how things compare to the previous year. Today, I’m starting with Ashburn as it seems I’ve spent most…
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2012 saw an improvement in every measurable area for home sales in Loudoun County. Let’s take a look at the key statistics and see what they tell us. Median sales price for single family homes was up to $533,641, the highest value since 2007 checked in at $644,924. This represents a 2% increase over 2011’s median sales price of…
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I wouldn’t go so far as to call the local real estate market loco…but it has been a completely different experience than 2011. Based on the May numbers released by MRIS, the multiple listing service that Realtors use here, our Loudoun sold dollar volume for May 2012 was $222,570,219, up 30.71% from May 2011. At…
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So it’s definitely selling and buying season in Loudoun County. Figured it might be helpful for you to take a look at some of the statistics and trend lines. Below are three clickable charts that show you how the single family home market is behaving in Sterling, Ashburn, and Leesburg. Overall, median price is up,…
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The new school year is almost upon us in Loudoun, and the real estate market slows down accordingly…here’s the latest data for both Leesburg zip codes combined: Inventory continues to creep up, and median price is holding steady. Days on market, which had fallen steadily since April, appears to be inching back up…
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The weather’s hot, and so is the real estate market in Loudoun County, especially in the under $400,000 price range….Even though inventory has risen (thankfully, it was low), median price is steady and days on market has dropped. I’ve been unseasonably busy the last few weeks, and the data matches up. Days on market is…
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Yesterday we looked at the market for single family homes in Ashburn. Today, let’s see what’s going on in Sterling. Here’s how the statistical charts look this week: Median price catches my eye right away…that’s a jump of 20% since the beginning of the year! Big movement in this area. Inventory, meanwhile, is…
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The question I get asked on a daily basis… “How’s the market?” Here’s some charts that will tell you exactly how the market is doing for single family homes in Ashburn, Sterling, and Leesburg. Pop in tomorrow and I’ll update you on condos and townhomes then. Ashburn Single Family Homes Sterling Single Family…