Loudoun County February Home Sales Stats
March 12th, 2008 categories: Loudoun County, Market Statistics
I attempt every Wednesday to keep you up to date with market stats. This week I am covering Loudoun County market stats.
I found these stats to be pretty encouraging since I am a Loudoun resident.
A few good notes:
- There was an increase in home sales this month!
- The days on market have continued to decline.
- There was an increase in active listings. This is obviously not good. However, a large percentage of these listings are in a stage of foreclosure. We have to get through them before this market completely heals itself.
- There were fewer new listings this month. Less supply* More demand*
- There was a 10% increase in contracts (pending sales)!
Hang in there Loudoun. We are going to ride this thing out!
To search for homes in Loudoun County click here.
If you are looking for a Realtor who sales homes in Loudoun County in the Ashburn, Sterling, Cascades, Leesburg, Purcellville, Round Hill, Hamilton areas you can contact me here.
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Related Articles:
The Numbers: Loudoun County Statistics
Fairfax and Arlington January 08 Statistics
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Staying at home when a tour is taking place is an awful idea. A few people I know insist on doing this and it just lowers the chance of a sale.
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