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 $105,000.
• The supply of homes for sale in Loudoun County continues to shrink rapidly. There were just 389 active listings in the county at the end of the second quarter, 32% fewer listings than this time last year.
If you have questions about how this current market effects your goals, please reach out via text, email or phone. I’d love to talk about what is happening in our local area.