Whisperings of change in the market…

    Something shifted in the market in the last two months…I can tell you having sales as a listing agent and a buyer’s agent, prices have stabilized, multiple offers are common, and…we’re even seeing *slight* price increases in some areas. Take a look at these charts, the stats don’t lie:

    Sterling Single Family Home Median Price
    Sterling Single Family Home Median Price
    Sterling Condo/Townhome Median Price
    Sterling Condo/Townhome Median Price
    Ashburn Single Family Home Median Price
    Ashburn Single Family Home Median Price
    Ashburn Condo/Townhome Median Price
    Ashburn Condo/Townhome Median Price
    Leesburg Single Family Home Median Price
    Leesburg Single Family Home Median Price
    Leesburg Condo/Townhome Median Price
    Leesburg Condo/Townhome Median Price

    Anyone actively working on buying a home in Loudoun County can attest, tighter inventory and increased demand has led to an interesting shift. It’s only natural that we see a bit of an uptick in prices as a result.

    Cheers,
    Heather

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    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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