It’s the beginning of July, which means the we are halfway through the year, and the busiest period of the year for home sales is waning. Here’s how the real estate market looks for single family homes in Purcellville right now: Now that the first time homebuyer tax credit has ended, we should start to [...]
Well, it certainly looks like we are moving back into a buyer’s market again, at least in Western Loudoun County. The charts below show only single family home statistics, but clearly our inventory levels have risen steeply since the first time homebuyer tax credit ended in April. If you are a buyer in this market, [...]
While it feels quieter to me as an agent since the end of April and the rush of business connected to the first time homebuyer tax credit, we are still certainly in the middle of the spring market, and the busiest period of the year for real estate in Loudoun County. After going through a [...]
Our anemic inventory of homes for sale in western Loudoun County is not so anemic, all of a sudden. Amazingly, the number of available homes has just about doubled across the towns in LoCo (eastern as well as western) in the last month. This coincides with the end of the first time homebuyer tax credit, [...]
I took a look at the number of homes for sale right now in all of Loudoun County and also in Leesburg, and found that inventory has dipped dramatically in the last two weeks. Purcellville and Round Hill are no exception. (Keep in mind the condo chart also includes townhomes.) Not a whole lot to [...]
Today we are going to look at the market in Purcellville, starting with inventory levels. What I would hope to see at this point in the year is an uptick in inventory, so that there are homes available for sale for the spring market. And we aren’t seeing that yet. Inventory levels for condos and [...]
Reposting this from LoCoMarket Stats, because it’s relevant to the western part of LoCo as well… One of the statistics I rarely look at is price per square foot, because it is typically the most stable in the short term. Going into the spring market, I thought it would be helpful to look at where [...]
Take a peek at these clickable charts showing real time real estate market statistics for towns in Western Loudoun County. They are representative of the single family home markets, showing median price, inventory levels, and average days on market. You will be able to find this anytime by clicking on Real Time Stats at the [...]
Welcome to Western LoCo Stats! If you’ve ever read one of my blogs, you are familiar with the ‘LoCo’ tag…if not, it is affectionately short for Loudoun County, which is where I live and work. I’ve set this site up to give my readers some drill-down real estate statistics for the western part of the [...]
