Loudoun Housing Inventory Continues To Decline
On Wednesday’s I typically post local Housing Stats for Loudoun County. Since main stream media loves to play up bad news I think it is important to highlight that our local housing market is showing some great signs of strength and balance.
A few things to notice…..
- Though there are less homes on the market every month home sales have stayed steady.
- The amount of new listings coming on the market decreases every month. Less supply is good.
- As I have always said, the average sales price is a very difficult stat to gauge since it is based completely on what type of homes are selling.
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All stats are deemed reliable but should be verified for reliability.
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