Comments on: Huh, Prices Rising in Round Hill? http://www.westernlocostats.com/2010/07/07/huh-prices-rising-in-round-hill/ Real estate market statistics for western Loudoun County Sat, 12 Mar 2011 02:18:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Heather Elias http://www.westernlocostats.com/2010/07/07/huh-prices-rising-in-round-hill/comment-page-1/#comment-75 Heather Elias Thu, 08 Jul 2010 19:58:55 +0000 http://www.westernlocostats.com/?p=189#comment-75 Hi Mark!! Thanks for the comment...hope all is well with you and the family. You are so correct in pointing out that sales volume is lower in Round Hill, making it more susceptible to fluctuations in value. It's interesting to me that the more expensive houses were selling during a time when in other areas of the county, the lesser priced homes (think first time homebuyer) were the ones getting snapped up. Maybe a few of those folks selling in the eastern part of the county moved further west to Round Hill? Cheers, Heather Hi Mark!! Thanks for the comment…hope all is well with you and the family. You are so correct in pointing out that sales volume is lower in Round Hill, making it more susceptible to fluctuations in value. It’s interesting to me that the more expensive houses were selling during a time when in other areas of the county, the lesser priced homes (think first time homebuyer) were the ones getting snapped up. Maybe a few of those folks selling in the eastern part of the county moved further west to Round Hill?

Cheers,
Heather

]]> By: Mark V. http://www.westernlocostats.com/2010/07/07/huh-prices-rising-in-round-hill/comment-page-1/#comment-74 Mark V. Thu, 08 Jul 2010 17:28:46 +0000 http://www.westernlocostats.com/?p=189#comment-74 Of course the median price is very susceptible to variations in volume, and with less than 15 home sales per month the volume of SFH sales is relatively low in Round Hill. Of course I really only looked quickly at settled transactions, you may have more data if you look at all listings. But it is good news overall. The settled volume for June was the highest that Round Hill has seen this year (half again the next highest month) and the homes that sold were more expensive homes. The average sales price (as opposed to the median) was up in June by about $70K over May, which is great. Of course the median price is very susceptible to variations in volume, and with less than 15 home sales per month the volume of SFH sales is relatively low in Round Hill. Of course I really only looked quickly at settled transactions, you may have more data if you look at all listings.

But it is good news overall. The settled volume for June was the highest that Round Hill has seen this year (half again the next highest month) and the homes that sold were more expensive homes. The average sales price (as opposed to the median) was up in June by about $70K over May, which is great.

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