April 2015 Loudoun County Monthly Sales Statistics

By
Real Estate Agent with Century 21 Redwood Realty License # 0225028579
2015 Loudoun County Monthly Sales Statistics
Month Residential Units Sold Average Sales Price Median Price Average Days on Market Active Listings New Listings This Month New Pendings This Month Average S/P as a Percentage of L/P
January  285  $471,109  $410,000  79  1,537  589  437  95.7%
February  326  $452,574 $409,450  92  1,622  750 480  95.9%
March  466  $469,266 $420,000  76  1,840 1,086  711  97.1%
April  570   $464,260 $420,000  68  2,168  1,288  741  97.5%

 

Here are the statistics for Loudoun County for this calendar year so far.  I took this information from the Dulles Area Association of Realtors.

What does it all mean?

In April, 570 homes sold or closed.  They probably went under contract in February or March.

The average sales price in April is down slightly compared to March.

The average days on the market is down too but we like to see that.  That means that houses are going under contract faster but it's still about 2 months.  So, don't panic if your home doesn't sell the first weekend it's on the market.

The number of active listings is up.  That's typical for the spring market but it does mean that you have competiton for the buyers that are out there.

 New pendings tells us how many homes went under contract in April.  This number is up which is what we expect in the spring.

 

These are county numbers, if you  would like to know how the market is doing in your neighborhood or town, I would be happy to provide that information.

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Comments (1)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Nancy - Thanks for the valuable sales stats for Loudoun County in April 2015.

May 28, 2015 01:35 PM