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No Dip Here, Either
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Yesterday I posted on LoCo Market Stats about how median price in Loudoun hadn’t dipped in the summer as I expected. From the chart above (black line is single family homes, orange is combined condo/townhome stats) you can see that pricing has stayed relatively steady, after squeaking upward slightly toward the end of the first
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Quick Peek at the Market?
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Interested in getting a more in depth look at the market? Click on any of the pins below to get a quick glimpse of the real estate market for that area, and enter your name and email address to get a detailed report sent to you. Knowledge is power, right? Let me know if you
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Stable Market For the Summer?
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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
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Meanwhile, in Western LoCo..
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Today I wanted to bring you some data on what is happening in the western part of Loudoun County. It’s no secret that the market adjusts the further west you go; the commuting time gets longer to employment hubs in Dulles, Tysons Corner, and Washington DC, but the home prices are lower, so you get
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Loudoun County Market Update for Oct 2008
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Fresh out of the oven at our multiple listing service…the current number of homes for sale in Loudoun County is… 2,266. With 428 homes under contract, that puts the market absorption rate at 5.3 months (the amount of time it would take for all of the homes on the market to sell, at the rate
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Loudoun County Market Update for April 21, 2008
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Time for a market absorption rate update for Ashburn, Leesburg, Hamilton, Purcellville, and Round Hill. Based on data from our multiple listing service this morning, here are the current absorption rates for the towns and home types: (Market absorption is the number of months it would take for the current inventory of homes to sell
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Loudoun County Market Update for March 2008
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Took a quick peek to see what has been happening with listings and contracts around Loudoun County; based on today’s numbers, here is how it looks: Ashburn: Single Family Homes: 268 active, 43 under contract = 6.23 month absorption Townhomes: 228 active, 82 under contract = 2.78 month absorption All Listings: 563 active, 136 under contract
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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