Loudoun County Average Time To Sell A Home

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Categories: Market Statistics Posted on October 22nd, 2008

If you are considering selling your home it is a good idea to understand absorption rates.

The Absorption Rate is the amount of time it will take to sell off all of the homes currently in the market if the sales activity continues at the same rate it is currently at. In Loudoun County it would currently take a little over 4 months to sell all of the homes available (not including condos). This is actually really good being that it is considered a buyers market when there is over 6 months of criteria on the market.

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Purcellville’s Wright Farm… 3+ Acre Lots

This entry was posted on Wednesday, October 22nd, 2008 at 1:18 PM 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.

Ken said at October 23rd, 2008 at 8:03 AM
I don’t get it. Is this in weeks?
Jon said at October 23rd, 2008 at 8:56 AM
Hi Ken… This is in weeks. Sorry for the confusion.
Ken said at October 24th, 2008 at 6:59 AM
Ah..thought so. Just making sure.

Thanks for the great site. I check it every day for Loudoun Real Estate news!