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Livin’ LoCo One Square at a Time
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A year ago we took a look at the median price per square foot for Loudoun County. At that time the price per square foot was $160, and as we see below the price of owning one square foot in LoCo has jumped to $190. It bears mentioning you must always factor in age, updates,
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More good news for LoCo!
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If only all financial data were trending this way! As you can see from the chart below, the median price for single family homes in Loudoun has increased nearly 10% since the beginning of the year. We see the upward trend continue with condominiums and townhomes, where median price has increased 14% in the last
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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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‘Distressed’ Market? Not So Much
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Back in December, I took a look at how much of our active real estate market in Loudoun County was made up of ‘distressed’ listings, meaning short sales and foreclosures. If you aren’t sure what the difference is between a short sale and a foreclosure, hop over here to read this post first. At the
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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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Spring Farm Tour This Weekend
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If you enjoyed the Fall Color Tour in October, you are sure to love the Spring Farm Tour this weekend in Loudoun. Held this Saturday and Sunday, May 21st and 22nd, the farm tour is a self guided romp introduction to Loudoun’s spring growing season, with locations open across the county. Participating farms this spring
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LoCo Photo: Beacon Hill Back Roads
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There are times driving the roads in Loudoun that I have moments that just take my breath away…when I look around and the countryside is so beautiful, and I feel so blessed to live here. I took that photo during one of those moments…I believe I was on Hurley Lane near Old Waterford Road. Can’t
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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
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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