Oct 2023 Market Update

November 21, 2023

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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 price increase.

Inventory in Loudoun County continues to shrink, and fewer new listings are coming on the
market. In the county, there were 477 listings at the end of October, 145 fewer listings than a
year ago, declining by 23.3%. There were 472 new listings that came onto the market
countywide in October, 55 fewer new listings than a year ago, reflecting a 10.4% reduction

For November and December we will see the typical seasonal slow-down around the holidays.  And in years past, our spring market takes off by the end of January.  If you are thinking about a move in 2024, let’s talk now. It’s never too early to receive guidance and support.