Jonathan Bunn



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Ashburn, VA 20147



Archive for the 'Market Statistics' Category

Brambleton and Broadlands Home Sales Stats

Southern Ashburn, Brambleton and Broadlands, home sales stats also continued strong in September.  It appears that October may be even stronger.

Ashburn Village, Farm, and Belmont Country Club Home Sale Stats

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Ashburn Village, Farm, and Belmont Country Club Home Sale Stats

Home sales in 20147, northern Ashburn, continued strong through August. 

We will continue to see how this plays out with the current situation with the economy, loans, etc….  Nevertheless, while things are good, it is still a great time to purchase. 

Brambleton and Broadlands Home Sales Stats

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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….. 


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Lansdowne, Potomac Station, Potomac Crossing Home Sale Stats

All stats are deemed reliable but should be verified for reliability.

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Lansdowne, Potomac Station, Potomac Crossing Home Sale Stats

I am amazed at the decrease in inventory available on the market.  Take a look at these popular comunities in Leesburg; Lansdowne on the Potomac, Potomac Station, and Potomac Crossing. 

Other Popular Articles:

Ashburn 20148: Brambleton and Broadlands Home Sales Stats

Ashburn Village, Farm, and Belmont Country Club Home Stats

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Ashburn 20148: Brambleton and Broadlands Home Sales Stats

20148 is Southern Ashburn.  Home sales have continued strong and these numbers fail to represent the new construction sales that are taking place there. 

Ashburn Village, Farm, and Belmont Country Club Home Stats

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Ashburn Village, Farm, and Belmont Country Club Home Stats

Home continue in northern Ashburn continue strong in to September. 

As you will see, there are currently a lot of homes that are pending a sale which means that they are in some stage of having a contract on them.  The difference between this and previous months is that many of these now are short sales that have contracts but have not been accepted by the bank.  It use to be that Realtors would not take them out of active status until the bank acepted the offer.  We will have to see how all of this plays out. 

Ashburn 20148: Brambleton and Broadlands Home Sales Stats

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Loudoun County Absorption Rates

I was stunned today when I pulled Loudoun’s Absorption Rates to find that the inventory has DROPPED AGAIN.  Not by much…. Only a .57 drop!

Absorption Rate:  How many weeks it would take to sell off the remaining amount of homes in the market if the current sales rate continued as is. 

July- 19.05 Weeks
August- 18.45 Weeks

Loudoun County Absorption Rates

There are two good things to notice here.  One is that the inventory is continuing to decrease.  Two is that we are seeing signs of market stability that is healthy for both buyers and sellers. 
 

Absorption Rate stats can help you decide if it is a good time to buy or sale.  Economist tend to agree that 6 months or more of market inventory is a buyers market. 

These stats do not include condos.  All information is deemed reliable but should be verified for accuracy. 

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Countryside In Sterling; Home Sales Going Wild!

I mentioned yesterday that Countryside in Sterling  is currently one of the best selling communities in all of Loudoun.  Here are the stats to prove it. 

If you are a first time buyer and only need a couple of bedrooms up and a basement then this is perfect townhome community.  There are a few 3 bedrooms out there but they are scarce.   Many of the homes have a fenced in backyard and deck.  At this price, these have to be the best deal around to stay under 2k a month with everything included.

Here are a couple best ones that are not foreclosures.  This also is scarce. 

Related Post:
Countryside In Sterling, VA- Community Of The Week
Loudoun Home Sales Stats, Days On Market, Average Price

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Loudoun Home Sales Stats, Days On Market, Average Price

Loudoun home sales continue strong through July.  There has been a decrease in homes sold and pending sales which is to be expected because of families preparing for the school year.  The best things I am noticing are the increases in averages sales prices along with the decrease in new listings.  This is great news. 

Remember, we are not looking for the market to return to where it was 3 years ago.  We are simply looking for signs of stability. 

Find Your Homes Value

All information is deemed reliable but should be verified for accuracy.

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Leesburg and Lansdowne Home Sales Stats

Though home sales for Eastern Loudoun have been strong, Leesburg hasn’t moved as quickly as Ashburn and Sterling.  Surprising to me, Potomac Station and Potomac Crossing has currently outsold Lansdowne.   Nevertheless I am impressed with the numbers as I am sure you will be. 

Find out Your Homes Value Here…..

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The opinions expressed on this website are those of Jonathan Bunn and not necessarily those of CENTURY 21 Redwood Realty or anyone directly or indirectly associated with CENTURY 21 Redwood Realty. Jonathan Bunn is a licensed Realtor in the Commonwealth of Virginia and facilitates Real Estate transactions as an Independent Contractor for CENTURY 21 Redwood Realty.

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