Loudoun County Home Sales
November 12th, 2008 Categories: Market Statistics
I am not excited about the numbers for home sales in Loudoun County.
The units sold don’t bother me too much since it is expected around this time of year. However, I am a little dissapointed with the amount of new homes coming on the market. I hope my article on why waiting to list your home in the spring could cost you thousands didn’t influence a few too many.
Nevertheless, there are a few good signs… The days on market are down and the average sales price is up.
Ashburn Village, Ashburn Farm, And Belmont Coutnry Club Home Sales
Loudoun Fall Has Been Beautiful
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Ashburn Village, Ashburn Farm, And Belmont Coutnry Club Home Sales
November 6th, 2008 Categories: Ashburn Village, Belmont Country Club, Market Statistics
Homes Sales in Ashburn Farm and Ashburn Village continued on par with last month. It appears that Belmont Country Club is not doing so hot. Last month 3 homes sold inside the gates. Yikes!
Check out the activity in the Broadlands and Brambleton!
Why Waiting To Sell Your Home In The Spring Will Cost You Thousands!
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Broadlands and Brambleton Home Sales Stats
November 5th, 2008 Categories: Brambleton, Broadlands, Market Statistics
Homes sold in October remain on par with September in the Broadlands and Brambleton. Keep in mind that these stats do not include condos and new home sales.
Are You Missing Payments On Your Loudoun Home? What Is A Short Sale?
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Loudoun County Average Time To Sell A Home
October 22nd, 2008 Categories: Market Statistics
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.
Purcellville’s Wright Farm… 3+ Acre Lots
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Loudoun County Home Sale Stats
October 16th, 2008 Categories: Market Statistics
Home sales are out for last month.
The housing trend always begins to decline a bit this time of year because of the transition in priorities for families. Nevertheless, it appears sales have held steady thanks to low prices and interest rates.
*Highlights*
1. Days on market are continuing to decline. This is a good sign since the majority of homes are in dealings with banks. It appears that bank processing systems for short sales are improving.
2. For the last FIVE months the amount of homes coming on the market have been in a steady decline. Less supply is always good.
3. There are less pending sales this month and a major drop from August. I would propose to you that this number has a level of manipulation behind it. As I have mentioned in a previous articles that this number has increased as listings agents have once again began leaving homes active in the MLS instead of placing them under a contract status while they await a bank response. This number therefore cannot be trusted.
Parkgrove At Broadlands; Loudoun’s New Luxury Home Community
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