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Loudoun County Prices Endure The First Signs Of Cold…

Categories: Market Statistics Posted on October 15th, 2009

I am not sure what happened between the warm summer and the cold winter but autumn is off to a shivering beginning.  Real estate sales and values traditionally do not climb during the holiday season.  So… we are all waiting to see if the current upswing in values can survive this trial by ice season.  

The Latest Loudoun Numbers….

Opinion…   Inventory is continuing to decrease.  This will keep prices high and days on market low.  The only negative we are seeing on this chart is that fewer homes are under contract.  When comparing active listings to homes under contract the previous month you will notice that the percentage of homes under contract are almost exactly the same…

Finally.   If you are a first time buyer, you have 46 days remaining as of today to settle on a home if you want the first time buyers tax credit of 8k.  There is plenty of time but you need to begin looking now.  Contact Me!

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