Loudoun County Absorption Rate
June 25th, 2008 Categories: Loudoun County, Market Statistics
It is Wednesday and Wednesday is for stats at the The Real Estate Bakery. SO… I have decided to add a new tool to the belt of those of you who enjoy my weekly stats.
Ladies and Gettleman, I am proud to introduce, “ABSORPTION RATES.”
Absorption rates is a term that defines the amount of time it would take for the market to consume all of the current inventory if no more homes were added to the market.
For the past few months in Loudoun this rate has been dropping so this is a good thing. Currently in June, if no more homes were added to the market it would take 24.88 weeks to sell all of the homes on the market. Here is a helpful chart that I have created for you.
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Loudoun County Monthly Sales Stats!
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Loudoun County Monthly Sales Stats!
June 19th, 2008 Categories: Loudoun County, Market Statistics
I have been busy on getting a home to settlement so I missed yesterday’s stats. Therefore, I am making it up to you. These stats cover all of Loudoun County.
A few GOOD notes (forgive me for being optimistic… there are plenty of negative sites out there for those looking).
- We have continued to see a climb in homes sold which carried over in May.
- Average sales prices INCREASED for the first time in months!
- There are LESS homes now on the market than before! Less supply.
- Fewer new listings went on the market in May.
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Raspberry Falls Home Sales Stats
June 11th, 2008 Categories: Loudoun County, Market Statistics
Yesterday we discussed the Hunt and Golf Community of Raspberry Falls.
Raspberry Falls in Leesburg is a Van Metre Community built by Marquis Homes who still has lots for sale. Their new homes start in the 800K’s depending on the lot and home up in to the $Millions$. I didn’t mention too much about the re-sales in the community so here go…
These stats cover the last 180 days…
Active: 13 (Average List Price- $1,133,515)
Under Contract: 3 (Average List Price- $1,099,866 )
Sold: 4 (Average Sold Price- $1,021,703)
If you are considering moving to Northern VA and are looking for beautiful lots in Leesburg this is a great option. I am a Cartus and USAA certified relocation agent. I would be happy to help.
Related Articles:
Northern VA Annual Sales History
Loudoun County April Housing Stats
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All information is deemed reliable but should be verified for accuracy. Stats were taken from MRIS.
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Ashburn Condo Statistics
June 4th, 2008 Categories: Ashburn, Market Statistics
Wednesday is stat day so here you go…
Usually when showing stats I leave out condos because they have a tendency to bring down the accuracy of stats. So, I wanted to be fair and give those condos their own post.
I have broken down the stats between Ashburn’s 2 zip codes. 20147 is Ashburn’s north side including neighborhoods like Ashburn Village & Farm, Belmont, etc… 20148 includes the neighborhoods Brambleton, Broadlands, and more.
20147 has more condos available currently built than 20148. The only 20147 condos still being built are in Belmont (I think they are called The Ridges). The only ones I can think of still being built in 20148 are in Brambleton by Centex and Beazer.
If would like a list of condos for sale in Ashburn or other cities you can search HERE or I will email you a list. CONTACT ME HERE.
Related Articles:
Loudoun County April Housing Stats
Northern VA Annual Sales History
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All information is deemed reliable but should be verified for accuracy. Stats were taken from MRIS.
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Northern VA Annual Sales History
May 28th, 2008 Categories: Fairfax County, Market Statistics
I just found a really cool chart showing the annual real estate sales history for Fairfax County, Arlington County, Alexandria, Falls Church, Fairfax City, and the towns of Herndon, Clifton, and Vienna. Sorry Loudoun.
This information is deemed reliable but should be verified for accuracy. It was provided by NVAR who collects data from MRIS. View the original article.
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