Categories for Local market statistics

Top Agent

When I got my real estate license almost eight years ago, I didn’t dare dream that my business would grow like it has.  I got into real estate after leaving a career in IT because I wanted control over my schedule, my income and my core values. Ask anyone that ...

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Billion Dollar Challenge

We did it!!! Our team has closed over ONE BILLION DOLLARS in residential real estate. Our team has helped 2,543 families during our billion dollar challenge! This is such a good feeling to know that we have helped so many! In February 2019, Eric Pearson, the President of Pearson Smith ...

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What is Causing the Demand?

Over the last two years we have seen the demand for homes continue to increase.  According the the Virginia REALTORS® Association, our inventory in Virginia has ranged from 25%-45% less inventory than previous years. But what is causing this demand? There are several reasons:  Babyboom According to the latest census, ...

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Loudoun Market Update

  Here is a quick snap shot of what happened in August of 2021 compared to August of 2020.  Prices were up around 9% and average days on market was 13.  The most shocking statistic is the Months of Supply – is was under 1 month of supply.  A balanced ...

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Q2 Loudoun Market Report

Housing Market Conditions • There were 2,676 homes sold in Loudoun County during the second quarter, a 43% increase from last year. • Home prices are rising rapidly throughout the county. The second quarter median sales price was $635,000, which is 20% higher than a year ago, a gain of ...

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Market Data for 20165 – Sterling

The Dulles Area Association of REALTORS® just released the May 2021 statistics for Loudoun County.   For the 20165 area of Sterling, we have seen a 15% increase in median sales price compared to May of 2020.   Now we are starting to see more inventory coming to market.  In ...

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