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Loudoun County Sales, 2013, Standard, Short Sale, Foreclosure

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

Loudoun County Sales, 2013, Standard, Short Sale, Foreclosure.

The books are closed for the real estate market for Loudoun County Virginia.  However, this is a time when we can look back and learn a few things about our real estate market. 

There were some surprises.  By reading the news and real estate articles, one would think that short sales and foreclosures would dominate.  Not so.  They are a very small part of the real estate sales in Loudoun County.

Total Sales 2013:      3,175
Standard Sales:         2,839
Short Sales:                  201
Foreclosures:               112
Other:                             23

Total Sales 2012:   2,879 
Standard Sales:      2,401
Short Sales:               289     
Foreclosures:             189         
  

 


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Comments(7)

Bruce Swedal
Denver, CO
Denver Real Estate

Wow Lenn, love the information, presentation and stats for the neighborhood. Your on top of it and any home buyer or seller in the neighborhood would be lucky to have you.

Mar 12, 2014 10:59 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lenn that pretty good, the combination of Short Sales & Foreclosures are only about 10% of the total sales, and decreased from 2012.  hope that trend continues through 2014.

Mar 12, 2014 11:09 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Lenn. Lots of positive numbers in 2013 over 2012, lets hope that these trends continue. Your report is really easy to understand.

Mar 12, 2014 07:23 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Bruce.  Thank you.  I agree!!!

George.  I may do some other counties.  Loudoun is rather different because of the demographics.

Joe.  You know how simple minded I am.  Thanks.

Mar 12, 2014 09:49 PM
Randy Shamburger
Movement Mortgage - Greenville, SC
FHA, VA, USDA and Conventional Mortgage Expert

Great numbers, excellent post, thanks for sharing.

Have a Big day,

Randy

Mar 13, 2014 03:09 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

2013 was a much improved year and 2014 will be even better, Debbie Predictions.

Mar 14, 2014 12:39 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Randy.  Getting better but still a way to go.

Debbie.  From your lips to the real estate God's ears.

Mar 14, 2014 09:11 PM