Loudoun Market Update

September 23, 2021

, , , , ,


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 market is said to have 6 months of supply. This confirms again that we are low on inventory, which is why it is so competitive.  Please reach out anytime you have questions on how our local market might influence your plans for moving.  I would love to talk with you.