Zip Code? Yeah, it Matters!

Sometimes when I am looking at different statistical reports, I see something that slaps me across the face as a significant difference. I got a bruise looking at the Leesburg reports this week, when I broke down price by zip code. Holy cow, what a difference betweeen 20175 and 20176!

Single Family Home Median Price
Single Family Home Median Price
Condo/ Townhome Median Price
Condo/ Townhome Median Price

You can’t attribute the pricing to a lack of inventory, though, as the next charts show, the inventory numbers have trended the same across both zips.  So you can clearly see a difference in pricing between the two, with the median price in the 20176 zip code significantly higher.

Single Family Home Inventory
Single Family Home Inventory
Condo/Townhome Inventory
Condo/Townhome Inventory

If you want more detailed information, specific neighborhood information, or more information about a zip code, just click the “Ask Heather” button up there and send me a message.

Cheers,
Heather

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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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