Ashburn Village, Farm, and Belmont Country Club Home Stats
September 3rd, 2008 Categories: Ashburn Village, Belmont Country Club, Market Statistics
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
August 28th, 2008 Categories: Market Statistics
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
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!
August 27th, 2008 Categories: Countryside, Market Statistics
I mentioned yesterday that Countryside In Sterling, VA 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
Loudoun Home Sales Stats, Days On Market, Average Price
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Loudoun Home Sales Stats, Days On Market, Average Price
August 20th, 2008 Categories: Market Statistics
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
August 13th, 2008 Categories: Market Statistics
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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