loudoun county housing market: 2020 Loudoun County -Highest & Lowest Real Estate Stats
- 12/25/20 08:25 AM
Loudoun County “Data Center Alley” is the world's largest concentration in data centers. Loudoun County has ranked amongst the Richest counties in the U.S. and with the highest average household income.
As a Loudoun County Realtor and a resident for over 2 decades, I have seen the population soar. Its proximity to D.C. and the Dulles high-tech corridor has attracted families and prospects that want work-life balance.
In 2020 the Loudoun county housing market could not keep up with the strong demand.
While working with new construction home builders in Aldie, Leesburg and Ashburn almost felt like 2005 when my home buyers have … (4 comments)
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loudoun county housing market: Buy or Hold off Home Purchase in Northern Virginia Real Estate Market
- 03/12/20 03:07 AM
The past 48 hours have completely changed many things in the US. Announcement from WHO, the Stock market diving down into the bear market, NCAA and NBA announcements apart from colleges and now local public schools.
Between this commotion should you hold off on buying a home in the Northern Virginia real estate market?Here are some of my personal thoughts reading up on various economists across the continent.
Real estate is a very local driven market. If you believe our local economy will sustain and bounce back don't panic.
Interest is very low ..so low the banks on Wednesday (March 12th) raise the rates … (2 comments)
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loudoun county housing market: 2018 March Madness Real Estate Market in Loudoun County Virginia
- 04/24/18 04:43 AM
Will Amazon make a home in Northern Virginia or DMV area?
We don't know but we know for sure that the housing market is ON fire! Real estate demand is up from 2017.
Just the sales dollar volume went double digits this year. 2017 sales dollar volume was at $242,442,913 compared to 2018 $283,737,127 which is 17.03% higher.
Active listings volume which is driving a tight inventory market in Loudoun County is -19.08% 1,022(2018) and 1,263 (2017).
Median Sold price also went by close to double digits $476,000 (2018) $435,000 (2017) which accounts for close to 9.43% increase.
Average Sales Price to Original List Price … (0 comments)
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loudoun county housing market: Northern Virginia Real Estate - Is this Market Topping Out?
- 05/19/17 07:06 AM
If you or you have friends and family housing hunting finding in the Northern Virginia area of Loudoun & Fairfax county home buying has been a stressful journey.
Since the beginning of 2017, we are facing a tight inventory and multiple bids have been a common scene.
For real estate agent like me who has been in the industry for a while and seen the 2005-2006 market feels like a flashback! As soon as the home hits the market we would try to preview and submit the offer right on spot. The sellers dominated our terms and worst part appraiser back then was a drive … (0 comments)
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loudoun county housing market: 2017 Color of the Year..Yes Grays are fading away.
- 02/14/17 05:35 AM
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loudoun county housing market: July 2016 Loudoun County Housing Market Report
- 08/15/16 12:16 AM
Lower sales volume but a stable growth in the average sales price of the home in the Easter Loudoun county housing market.
The biggest impact was last year our inventory was significantly higher than this year by double digit. From new construction in Loudoun county to the resale home sellers everyone has enjoyed a stable market. On the flip side home buyers in the Loudoun county area of Aldie, Ashburn, Chantilly, Sterling, Potomac Falls, Dulles, and Leesburg have enjoyed inventory where they had ample to choose and make an educated decision.
Multiple contracts were not seen in many of the Eastern Loudoun county areas. Open House … (0 comments)
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loudoun county housing market: Jan 2016-Loudoun Housing Market - HOT OR COLD??
- 02/16/16 02:40 AM
Loudoun county real estate market started the new year with a mixed bag of numbers. We had a strong increment in the sales price along with low inventory and reduction in days on the market. The number of homes that went under contract was lower compared to last year. New contracts may be low due to holidays plus cold weather which is typically associated with our beginning of the year housing market.
New construction has been doing very strong especially in Aldie (20105) and Ashburn (20147,20148). Builders are dictating the terms of the contracts while offering lower incentives. Buyers are still drooling … (1 comments)
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loudoun county housing market: 2015 DC Metro Home Sales Reached Highest Level Since 2006
- 01/14/16 07:56 AM
OVERVIEW:
2015’s median sales price ended up at $410,000, marking only a 1.1 percent gain from 2014. Despite flat growth, prices are only 1.2 percent down from 2007’s peak levels. Sales in 2015 were very strong, with year-over-year gains seen in every single month. Ultimately, the 50,528 cumulative sales marked a 9.4 percent increase over 2014. Seller activity picked up consistently through the year and the 73,733 cumulative listings added over the course of 2015 were 8.5 percent more than the number added in 2014. After rising to a peak year-over-year increase of 34.6 percent in August 2014, … (0 comments)
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loudoun county housing market: Spring Market has Sprung -March 2015 Loudoun County Real Estate Market Report
- 04/14/15 12:35 AM
Overview:
Unlike immediate DC Metro area, Loudoun County Virginia has a different real estate market growth pattern. Even though it is a fastest & richest growing county in the country it has its own pain and gain in the housing market.
End of 2014 and beginning of the 2015 we had a very very sluggish housing market in the Loundoun county area compared to Fairfax county or immediate DC Metro area.
Whether it is a typical spring market or a stable market we did see some positive growth in the area. The increase in total Sold Dollar Volume in double digits which was in negative … (0 comments)
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loudoun county housing market: DC Metro housing market starts strong in 2015
- 02/11/15 09:22 PM
January home prices, contracts and closed sales up over 2014 levels
OVERVIEW
The Washington DC Metro housing market started 2015 on a good note, with increases in sales, prices, new contracts and inventories compared to January 2014. Closed sales increased by 4.5% from January 2014, and all property segments increased year-over-year. While single-family detached prices remained flat at $450,000, townhomes and condos increased by 1.4% and 4.7% respectively.
The number of new contracts increased 6.2% from January 2014, reaching their highest January-level since 2011 at 3,720, just slightly above the five-year average of 3,715, but well above the ten-year … (1 comments)
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loudoun county housing market: Loudoun County Real Estate Market Report-Dec. 2014
- 01/12/15 11:49 PM
Surely the end of the year was spectacular for most of the Realtor® in the Loudoun County area of Norther Virginia.
While lot of home sellers in the Northern Virginia area were debating whether to keep their home active on the market or take if off for holidays...the one who decided to stay active on the market paid off. We did see an uptake in our showings across Northern Virginia area.
Buyers who were warming up to purchase by spring time are activily exploring the areas/neighborhoods and style of homes. New construction had a strong year end also.
There is a … (1 comments)
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loudoun county housing market: Loudoun County Housing- Rise in Inventory Dec 2013-Jan 2014-Has Market Slow down?
- 01/19/14 09:46 PM
Loudoun county has been the fastest growing county for almost a decade. Has the county growth caught up with the slow down of the real estate market?
We have seen an increase in the inventory (Yes, sort of) in Loudoun County housing market compared to Fairfax County real esate market. However on the flip side we have seen an increase in sales volume and sold prices compared to past year. The average days of the market has also gone up in December compared to December 2012.
However the new construction in the Easter Loudoun county cities including Ashburn, Leesburg, Chantilly & … (1 comments)
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loudoun county housing market: 2014- Top 10 Residential Real Estate Trend in Northern Virginia Market
- 12/16/13 09:19 PM
With New Year come new exciting changes whether it is housing trend or fashion trend. Here are few that we are guessing to see 2014 may bring us to us:
Housing Remodeling- With the rise in the equity for past few years we are going to see a surge in the Northern Virginia area for remodeling and upgrading the home. Home owners who are happy with their size of home or commute would update their home rather than get a new home mortgage and find a new home. So start shopping for your contractor if you do plan to remodel your home.
Kitchen … (1 comments)
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loudoun county housing market: Oct 2013-Housing Market Report for Loudoun County Virginia
- 11/12/13 07:28 PM
Whether we are in the hot market or cold market...fall market falls right in between where there are listings that go under contract right away and others just stay on the market for a while.
Loudoun county real estate market continues to protrait the strong housing industry in the Northern Virginia area. The average sales price has inched up and inventory in the market continues to be a struggle.
The days on the market has dropped by double digits (-26.67%) compared to last year fall market of Oct. 2012.
Future of the Loudoun county housing market- Going into the winter/holiday market … (0 comments)
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loudoun county housing market: Northern Virginia Loudoun County Real Estate Market-Sept 2013
- 10/10/13 04:28 AM
Activity in the Washington DC Metro Region including Northern Virginia housing market continues to be steady and strong as we enter fall real estate market. Sales increased in September as compared to this time last year. Pending contracts also increased, but at a slower rate than earlier in the year. The increase in pending contracts was driven by condos and detached homes. Total inventory continues to decline, but as in prior months, the pace of the decline is slowing.
Will market continue its steady pace or slow down due to economic outlook. This will be determined as time goes by.
Here is … (0 comments)
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loudoun county housing market: Is the government "Shut Down" affecting Northern Virginia Real Estate Market?
- 10/08/13 11:29 PM
Yes we do live in a lime light when it comes to politics in the DC metro area. Many of us who live in suburbs are working directly or indirectly for the government.
So has the government shut down affected housing market in Northern Virginia?
Honestly NO! In fact I have buyers who cannot answer or check their emails due to security at work place have more time to learn about the area and go for housing hunting while we wait on the drama to be over.
For the buyers who are closing for me in next few weeks, their loan … (3 comments)
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loudoun county housing market: Northern Virginia Loudoun County Real Estate Market Report-April 2013
- 05/11/13 10:59 PM
Sequestration was a HOT word that was much talked about in the March as most of the cuts were effective as of April. However this has little or no impact seen on the housing market in the Northern Virginia region including Fairfax & Loudoun County.
Market in Loudoun County has seen a surge in the total sales volume of 27% with an increase of year to date of 6.74% compared to last April 2012 numbers. The lack of inventory and builders releasing the home sites at much slower pace has been an ongoing struggle along with strong buyer pool demand for … (2 comments)
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loudoun county housing market: Loudoun County Real Estate Market-Double-Digit Price Growth-Will Trend Continue in 2013?
- 01/15/13 11:29 PM
Below statement should help you make a judgment on how the strong housing market is in the Northern Virginia Loudoun County area:
"The average sold price in the Loudoun county for the month of Nov. 2012 was $455,193 compared to Dec. 2012 the average sold price is $446,521."
Across the county we have seen a double digit increase in the average sold price (11.15%), sold dollar value (32.64%) and detached homes average sold price (13.28%) with decline (in positive way) the number of days on the market and the biggest impact was by the reduction in the inventory (-18.53%).
These stats reflect market … (0 comments)
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loudoun county housing market: Loudoun County Real Estate Market Report-Oct.2012
- 11/14/12 10:42 PM
Loudoun county being a richest county in the country did have a concern about who is going to be at the White House and above all what will happen to the local housing market. Well the election d-day came and went by...and the strength in suburban Loudoun county in Northern Virginia real estate market continues to reflect with low inventory, increment in the average sold price and a shorter time frame property stays on the market. While single family had a slim increment over the town home and condo market which typically has a largest pool of buyers. New Construction in … (1 comments)
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Loudoun County “Data Center Alley” is the world's largest concentration in data centers. Loudoun County has ranked amongst the Richest counties in the U.S. and with the highest average household income. 
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