The Numbers: Loudoun County Statistics

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Categories: Market Statistics Posted on February 13th, 2008

This blog is very new so forgive me that it is almost the middle of the month and you are just now seeing January Statistics for Loudoun County. I will do better next time.

As expected, January was not the greatest month for home sales. In fact, it is very obvious that 2007, though rough, had a better start that this year.

The ugly news (besides prices)…

1. There were less units sold than last year.

2. There are more homes for sale now than then.

This could be the worst statistic. Too much supply. Too little demand.

The one difference is that most of sales are foreclosures or short sales. Once these clear out we should be in better condition.

The good news….

1. It is taking less days for homes to sale.

Good job sellers. Price it right in the beginning and it will sell.

This entry was posted on Wednesday, February 13th, 2008 at 11:45 AM and is filed under Market Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Fairfax and Arlington County Numbers said at February 27th, 2008 at 11:12 AM
[...] These stats cover Fairfax and Arlington’s Fairfax statistics. If you are interested in what is going on in Loudoun County you can check out their numbers by clicking HERE. [...]
Loudoun County February Home Sales Stats said at April 25th, 2008 at 10:17 AM
[...] The Numbers: Loudoun County Statistics [...]
Salim Abraham said at February 24th, 2009 at 5:24 PM
You certainly have an interesting blog ,I will be sure to keep myself posted .

Regards .
Salim Abraham .