Realty Times - Loudoun County, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Loudoun County

Market Conditions Summary for Loudoun County, Virginia

Reported by

Ron Fowler
as of 2/11/2012:

Inventory of active listings as of Feb 10th is 1289 homes. The number of properties going under contract during the last month was 510. The current absorbtion rate or month's worth of supply is thus 2.53 months. The average sales price of the... MORE->
About Ron Fowler

Reported by

Mike Wagner
as of 1/17/2012:

We are bouncing around the bottom of the market with prices at the very low end (entry level condos)receiving a little upward pressure on prices. At the other end of the spectrum, incredible deals can be had and prices are still fluctuating. If... MORE->
About Mike Wagner

Reported by

Janet Lange
as of 1/15/2012:

December 2011 Market Statistics: Total Volume of Sales are up 23.55% compared to last December 2010! And Closed Sales are up 23.13%! The average sold price is up slightly .34% and that is expected to rise as demand increases in the coming... MORE->
About Janet Lange

Reported by

Flo Nystrom
as of 10/26/2011:

Approaching November 2011 in the Northern Virginia Area, the market is seeing more short sales and loan modifications; foreclosures still exist. Interest rates are at @4.1%, 30 Year Fixed . And, loans are available for purchasers with a 20%... MORE->
About Flo Nystrom

Reported by
Gina Tufano
as of 11/21/2011:

The time on market us up, at 81 days from listing to contract. The number of properties sold is down 17% from last year and most buyers are getting approximately 5% off from list price through negotiations. Despite all of this, the average sales... MORE->

Average Current Market Rating: 2.8 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3.6 (5 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > Loudoun County

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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