As of June 10, 2009, there are 412 active residential listings in Leesburg and the average number of days on market is 170. The list prices range from $70,000 to $5,997,837; the average list price is $759,361 and the median list price is $569,450. The current market absorption rate is 3.5.
119 residential sales in Leesburg closed during the month of May 2009 (up from 88 sales closed in April). These sales ranged in price from $70,000 to $975,000.
The average list price was $400,028 (up from $389,663 in April) and the average net sales price (less seller concessions) was $383,183 (up from $371,899 in April).
The median list price was $355,000 (up from $339,250 in April) and the median net sales price was $350,000 (up from $315,200 in April).
For sales closed in May, the number of days on market ranged from 0 to 729 and average number days on market was 119 (up from 91 in April).
Check my web site for graphs depicting historical home sale data and a list of recent home sales in Leesburg. Click on the "Leesburg" button at the top of the page.
For more information regarding these statistics, please feel free to contact me directly, either by phone or email.
Want to know what your home is worth? Contact me for a free, no-obligation Home Valuation Report!
(Source: Metropolitan Regional Information Systems, Inc. (MRIS) - Information deemed reliable, but not guaranteed.)
ZIP Codes: 20176, 20175 Location Characteristics: Founded in 1758, Leesburg is the seat of government for Loudoun County, the fastest growing county in the country. 35 miles west of Washington, DC, Leesburg is located at the foothills of the Blue Ridge Mountains and offers scenic views and three centuries of history while only minutes from Dulles International Airport. Historic sites abound in Leesburg, comprising 21 entries in the National Register of Historic Places, and include White's Ferry, the only ferry still operating on the Potomac River. Enjoy shopping at the Leesburg Premium Outlets, recreation at Ida Lee and Balls Bluff Regional parks, or just stroll the Downtown Historic District with its unique shops and beautiful architecture. If a weekend retreat is in your plans, don't miss the Lansdowne Resort, complete with golf, fine dining, spa treatments and luxury accommodations.
About Glenda Cherry:
Full-time, licensed Real Estate Agent National Sales Award (Top 5% Nationwide) Accredited Buyer Representative (ABR) e-PRO Internet Professional (e-PRO) Seniors Real Estate Specialist (SRES) Weichert, Realtors Relocation Specialist Weichert, Realtors Rental Certification Certification of Completion—Relocation 101—Assisting Consumers with Corporate-Sponsored Moves (Worldwide ERC Training Institute) Member, National Association of Realtors, Virginia Association of Realtors, Northern Virginia Association of Realtors Over 20 years of management and technology experience.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
