Categories for Local market statistics

It’s A Great Time To Sell

Why Now Is Still a Great Time To Sell Your House If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there. The housing market isn’t as frenzied as it was during the ‘unicorn’ years when buyer demand was through the roof, mortgage rates were ...

Continue Reading

Oct 2023 Market Update

Here are the numbers from the Dulles Area Association of REALTORS® for October. Price growth has moderated in some parts of the county and continues to climb in others. The countywide median price was $665,000 in Loudoun County in October, inching up just 1.5% from the previous year, a $10,000 ...

Continue Reading

How’s The Market?

The housing economy headlines you see on the news may not necessarily reflect what is happening in our local market. But those stories can be scary, especially if you were effected by the crash in 2006-2008.  But if you’ve lived in the Northern VA area for awhile, you know that ...

Continue Reading

May Market Update for LOCO

It’s no surprise we are still low on inventory. Prices have seem to stay up and days on market are coming down for some areas.  Overall, Loudoun County has 0.8 months of inventory, which is extremely low, a balanced market has 4-6 months of inventory.  The rental market is also ...

Continue Reading

April 2023 Market Update

The Dulles Area Association of REALTORS® just released the April numbers. Here is a quick summary of what the market looked like. Please reach out if you’d like more detailed information on how the current market may impact your moving plans.   ...

Continue Reading

1187 Cambria Ter NE, Leesburg

Update: 2.24.2023 = SOLD! $600,000!  Congratulations to the sellers!   This beautiful end-unit, brick-front townhome features 3 bedrooms, 2 full and 2 half baths, a 2-car garage and a large fenced backyard. The lower level has a large and bright space that can be used as a home office, play ...

Continue Reading

LOCO Market Update – Jan 2023

The spring market has sprung and from what I am seeing, buyers are anxiously waiting more inventory to hit the market.  Interest rates have calmed down a bit and now, buyers are ready to get back into home shopping, so I do anticipate a strong spring market in 2023. Our ...

Continue Reading

2022 Market Update – CountrySide

Here are the final numbers for our neighborhood real estate market. Despite the increase in interest rates, home prices remained steady through the end of 2022. We did see a shift in buyer activity and the market slowed significantly. But we are already seeing buyer demand creeping back up in ...

Continue Reading

2023 Market Predictions

What To Expect From the Housing Market in 2023 The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower ...

Continue Reading