I was recently talking to an associate of mine about the good values that are appearing in some prestigious Leesburg communites, and selected other parts of Loudoun County.
(there were some knockout values recently in Lansdowne, River Creek and Potomac Station)
In some cases, such as where the seller is very motivated and has sufficient equity in their home, prices are nearing the 2003/2004 levels.
Of course, the best properties in the best locations will always sell relatively quickly (compared to the mass market) and closer to asking price.
If you're a Buyer, you do have to hunt, however, to find the values fast enough.
If you're a Seller, I've put together a "Ready to Sell" plan to get just about any house ready to compete for today's buyers. Just give me a call and I'd be glad to send you a copy.
Best, Nikola 703-579-7612