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 [...]
LikeFor this week at Western LoCo Stats, let’s look at what median price is doing in western Loudoun. The orange lines are median price for single family homes in the different towns, while the black line is the combined condo/townhome market. These charts go back several years, so you can get a good feel for [...]
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
LikeFor this week’s statistics, we are looking at average days on market for various towns in Western Loudoun. Last year, around this time, days on market started to creep up, and stayed high, up until March. Across the board, we see the average days on market drop through August, since when they have stayed pretty [...]
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 [...]
Like Yesterday I posted on LoCo Market Stats about how median price in Loudoun hadn’t dipped in the summer as I expected. From the chart above (black line is single family homes, orange is combined condo/townhome stats) you can see that pricing has stayed relatively steady, after squeaking upward slightly toward the end of the [...]
LikeI’ve been analyzing real estate market statistics across Loudoun County all this week (see my earlier post here or at LoCo Market Stats) and everywhere we look, median price has held steady or declined a bit since the end of April, coinciding with the end of the first time homebuyer tax credit. Not so in [...]
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, [...]
LikeWhile 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 [...]
