-
The Cupboard is Bare!
·
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
-
Back to School Market Update
·
As we send the children off for the new school year we thought it was time to take a look at the beginning of the fall market. As the chart below displays, median price for single family, condominiums, and townhomes in Loudoun are at a two year high. This represents a 14% increase in single family
-
LoCo Market Peek: What’s Going On?
·
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,
-
Happy new…market?
·
As we turn a new calendar year, here is a quick peek at one of the trend lines from last year…median price for single family homes in Loudoun County rose from around $530,000 to about $570,000. Not too bad, eh? I’m sure if you are thinking about selling (or heck, if you are a LoCo
-
Halloween Treats for Sterling
·
We haven’t taken a look at Sterling in 6 months so it was time to check in. While the market here seems to be a bit more volatile than the rest of the county, there is a trend worth mentioning. In 2010 and 2011 the highest median price for single family and condo/ town homes
-
Falling in Ashburn!
·
Ashburn continues to lead LoCo in median price for single family homes, despite dropping 5% in the last two months. Combined condo and townhome values are up 3% over the same span, bringing them to a two year high. Inventory, which had been on the rise for the last 12 months, seems to be leveling
-
Summer in Ashburn…
·
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
-
State of the Sterling Market
·
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
-
Still Cool For Now
·
It never fails…if we get a stretch of warm weather, the real estate market warms up a notch as well. I know we’ve only really had one day of warmer weather so far, but I’m an optimist, and I am soooo ready for spring to get here! Have you started thinking about the spring real
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.
Contact Us
Disclaimer: By providing my phone number and submitting the form, I expressly consent to LoCoMusings | Century 21 Redwood Realty, directly or by a third party vendor, InsideRE, LLC, acting on LoCoMusings | Century 21 Redwood Realty’s behalf, contacting me at this number by calling me or sending me text messages, including marketing and promotional messages, using an automatic telephone dialing system, related to our products and services for real estate transactions, even if my name appears on the “Do Not Call” list. Providing my consent is not required to obtain our products or services. Message and data rates may apply. Message frequency varies. Text HELP for help or STOP to unsubscribe. My information will be handled in accordance with LoCoMusings | Century 21 Redwood Realty’s Privacy Policy and LoCoMusings | Century 21 Redwood Realty’s Terms of Use.