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In last week’s summer update for Western LoCo, I wrote about the lack of townhome options available west of Leesburg. Toll Brothers has stepped in to help remedy the situation with Purcellville Green, a small neighborhood within walking distance of downtown. Information is very limited at this point, but we did learn a few things: 60 luxury…
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Continuing our look at the spring market, here is an update for the past three months in Potomac Station. One interesting note, every home sold since December 11, 2012 has been a standard sale. During this time period last year, six of the fifteen total sales were either foreclosures or short sales. Townhome sales in…
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Unlike Ashburn Farm, the past three months in Ashburn Village have been a little mixed. The townhome market is a little slower, while the single family market has improved. Interesting to note, the number of distressed sales is down considerably this year, let’s take a peek. Over the last ninety days, 21 townhomes have sold in Ashburn Village,…
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The market is heating up, so it’s time to let you know what’s happening in some of the busier LoCo neighborhoods. This morning, let’s take a look at the the last three months’ activity for Ashburn Farm. Townhome sales are up 42% compared to this time frame last year (17 vs. 12). Each period included two…
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Typically less than 5% of the 467 homes in Woodlea Manor & Woodlea Hills change hands over the course of a year. 2012 was no different, 18 total sales were recorded which was three less than 2011’s total of 21. Sixteen of those sales were in Woodlea Manor, where an average sales price of $572,000 represented a very slight increase…
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Shenstone is one of those unique neighborhoods where not much happens on a yearly basis. Over the last four years, there have been an average of five sales. 2012 was no different with three standard sales, one foreclosure, and one new construction in Shenstone Reserve. The average sales price of $964,255 was up 3.4% when compared…
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Recently, we took a look at the real estate market for Tavistock Farms. Today, let’s review the strong year that was for Leesburg Country Club. There were a total of 17 sales in 2012, one more than in 2011. Two of those 17 were foreclosures, one less distressed property than 2011 which had two short sales and one foreclosure.…