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The Cupboard is Bare!
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A couple of weeks ago our local Dulles Area Association of Realtors published its’ 2015 Year End Housing Market Trends for Loudoun County. Here is an overview of the report: • After five years of growth since bottoming out in 2009, Loudoun’s 2015 median sales price was unchanged from 2014 at $432,000. • Sales in 2015 were
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LoCo Market Peek: What’s Going On?
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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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Slowing for Fall in Leesburg
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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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Summer in Ashburn…
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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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Seeing Lots of Signs?
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The spring selling season is upon us…so what does that mean for inventory levels out in western Loudoun? Here’s a look at the single family home market in Hamilton, Purcellville, Round Hill, and Lovettsville…bear in mind that we are looking at smaller sample data for these areas, so a small uptick can look like a
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Inventory Checkup For Loudoun
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So it’s mid-May and the inventory still feels low to me; thought it would be worthwhile to look at where our inventory levels really sit for Loudoun. As always, keep in mind the condo line includes townhomes as well… Looking from the first of the year forward, it doesn’t look like we’ve gained much inventory
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State of the Sterling Market
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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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Well, That’s Not Right…
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I keep checking inventory levels hoping to see more homes available on the market in Loudoun County. It’s nearly April, the grass is turning green, the bunny rabbits have already snuck in and eaten my crocuses (croci?)…so where are the homes to sell?!? The charts below show inventory levels first for single family homes, and
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It’s March. How’s it looking?
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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
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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