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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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