Loudoun Home Sales Stats, Days On Market, Average Price

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Categories: Market Statistics Posted on August 20th, 2008

Loudoun home sales continue strong through July. There has been a decrease in homes sold and pending sales which is to be expected because of families preparing for the school year. The best things I am noticing are the increases in averages sales prices along with the decrease in new listings. This is great news.

Remember, we are not looking for the market to return to where it was 3 years ago. We are simply looking for signs of stability.

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This entry was posted on Wednesday, August 20th, 2008 at 8:02 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.

DuWayne Langseth said at August 25th, 2008 at 6:32 AM
I am encouraged by your numbers. Things have been slow here in Colorado for quite some time, but trends are cyclical and the market will pick up again in time.