How Quickly Is Loudoun Selling?

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Categories: Market Statistics Posted on April 22nd, 2009

An absorption rate is how long it would take for the current market inventory to sell at the current rate of sales.

By reviewing these numbers, you will see that Sterling is incredibly hot at this time. Northern Ashburn (Ashburn Village and Ashburn Farms) is also selling well. If you own a home in Louduon County and have been waiting to sell.. now is a fantastic time!

3 Deal Killers… Beware!!!

This entry was posted on Wednesday, April 22nd, 2009 at 7:26 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.

Gene Urban said at April 23rd, 2009 at 5:19 AM
We are seeing similar changes in absorption rates in some of the Greater Phoenix, AZ markets… especially in the lower priced inventory. Rates that were in the 12-14 month range are now below 8.

Our high priced inventory still has ridiculously high rates (over 24). Are you experiencing the same thing in VA?