It’s been a while since we have looked at Western LoCo and things appear to be holding steady over the last year. The median price of a single family home in Round Hill has jumped 10% in the last six months, while Hamilton, Purcellville, & Lovettsville have leveled off a bit.
Lovettsville has made a nice recovery in the last six months spending 30% less time on market. Although the prices have gone up in Round Hill it is taking about two weeks longer in the same time frame to get the higher dollar. Hamilton and Purcellville seem to be creeping up as we are now officially into fall.
Inventory levels seem to have leveled off everywhere during the last three months.
Questions? Give us a buzz if you have any or would just like to discuss your future plans. We are always glad to help!
Cheers,
Mike