LikeThe spring selling season is upon us…so what does that mean for inventory levels out in western Loudoun? Here’s a look at the single family home market in Hamilton, Purcellville, Round Hill, and Lovettsville…bear in mind that we are looking at smaller sample data for these areas, so a small uptick can look like a [...]
LikeIt’s almost spring (nearly 60 degrees outside today, and I have warm weather on the brain!) Getting an itch to buy and/or sell? When we start seeing some warm days is when we start to see listings hitting the market in Loudoun…typically. So it’s a great time to look at the real estate market in [...]
LikeEarlier this week I took a look at the housing inventory for Loudoun County as a whole. Looking at these charts, the towns in Western Loudoun are certainly mirroring the same trend line, after spiking up during the summer months, levels are dropping for the fall: Cheers, Heather Like
LikeSo, taking the pulse of the real estate market in the western part of Loudoun County, and what do we find? Across the board, average days on market are down significantly since the spring, inventory levels are still low, and median price is trending up. Overall this looks pretty positive to me. While the national [...]
LikeIt’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 [...]
LikeWell, 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, [...]
LikeOur 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, [...]
LikeI 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 [...]
LikeTook me a minute to figure out what was happening with these two, seemingly contradictory, charts for the single family home market in Hamilton… Logically, if median price per square foot is rising, while median price is falling, then the smaller homes are the ones that are selling. Aha, well look…when broken down by price [...]
LikeHere’s your bi-weekly roundup for real estate statistics for Round Hill. Looking first at inventory levels shows us that while condo/townhome inventory remains really, really flat (less than five homes listed!), single family home inventory has started to pick up slightly in the last month. I anticipate that we will see an increase in new [...]
