Sales Appear Stable In Loudoun

City, State

Property Type

Min Price

Max Price

Beds

Baths

Categories: Market Statistics Posted on June 15th, 2010

One of the best tools on this site is the market statistics button provided to you monthly for Loudoun County. After reviewing this months numbers I am optimistic regarding where we currently are post tax credit.

There were more homes sold in May than in the last 9 months.
Average Days on Market is the lowest it has been since 2005!
The Average Sales Price compared to List Price is remaining above 95% for the last 2 months.
Fewer listings went on the market the last 2 months than in May.

What to pay attention too… There were only 455 homes that went under contract in May. This could lead to a low absorption rate over the next couple of months.

This entry was posted on Tuesday, June 15th, 2010 at 12:19 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.