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New Year, New Market?
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We’ve turned the corner into another year in Loudoun, and I’m a couple of weeks late with a 2010 wrapup post on the state of the market. So how did 2010 turn out, compared to 2009? Total Homes Sold 2010: 4936, which is down 8.8% from 2009 Median Sale Price 2010: $362,500, up 8.2% from
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Tight Market For Now
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Part of my daily routine as a Realtor is looking at the multiple listing service to see how many new listings have come on market that day. During busier periods in the year, it’s tough to keep up with all of the homes coming on (and going off) market on a day to day basis.
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When a Flat Line is a Good Thing…
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For this week at Western LoCo Stats, let’s look at what median price is doing in western Loudoun. The orange lines are median price for single family homes in the different towns, while the black line is the combined condo/townhome market. These charts go back several years, so you can get a good feel for
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Back to Normal?
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So the trend lines across Loudoun County right now for housing inventory show that the number of homes for sale is down. Leesburg is no different, in either of the two zip codes. The current levels just about match up with where we were this time last year. I’ll be interested to see if they
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Looks Pretty Positive to Me…
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So, taking the pulse of the real estate market in the western part of Loudoun County, and what do we find? Across the board, average days on market are down significantly since the spring, inventory levels are still low, and median price is trending up. Overall this looks pretty positive to me. While the national
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One Square Foot in LoCo…
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The last time I took a look at median price per square foot in Loudoun County was back in March. Since then, it’s gone from a one year low of $157 a square foot to the current level of $160 a square foot. That movement would account for a price swing of $6,000 on a
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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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Huh, Prices Rising in Round Hill?
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I’ve been analyzing real estate market statistics across Loudoun County all this week (see my earlier post here or at LoCo Market Stats) and everywhere we look, median price has held steady or declined a bit since the end of April, coinciding with the end of the first time homebuyer tax credit. Not so in
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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
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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