Complete Mid-Year 2017 Loudoun County Real Estate Housing Market Report

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Real Estate Agent with Samson Properties VA0225077251

Strong gains have been a story across Northern Virginia including Loudoun County. Loudoun had the strongest year I would say compared to past few years.  Both new construction and resale home were in high demand, especially in Aldie and Chantilly area. If you were in the market since the beginning of the year you know the houses came by and went away.

Facts about the Loudoun county mid-year 2017 real estate market:

  • Highest Sales volume as seen in June
  • Irrespective of the month most the sales to list price was close to 98%.
  • Despite the rise in inventory by May & June market remain strong. Although June under contract slipped.
  • Days on the market improved as we went from Winter market to spring market.
  • The largest jump in the median sales price was seen from March($435000) to April ($505000).
  • As per Freedic Mac average interest rate was close to low 4%. As expected March saw a rise in the interest rate.


      

 

 

Ritu Desai is an Associate Broker with Samson Properties with over 13+ years and $100+ Million of real estate sales experience in residential real estate in the Fairfax and Loudoun county area of Northern Virginia area.

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Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 
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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping is posted and up to date. Best of luck!

Jul 17, 2017 09:39 AM #1
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Rainmaker
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Ritu Desai

Virginia Realtor-Fairfax/Loudoun/PW-703-625-4949
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