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 6/10/2009:

Inventory of active listings (single family + condos) decreased from 2421 at the end of April to 2338 at the end of May. Total sales increased from 370 units to 438. The absorbtion rate or month's supply decreased from 6.54 to 5.34 months. Average... MORE->
About Ron Fowler

Reported by

Barb Northam
as of 4/15/2009:

OK--....down, down, down on price and up on seller concessions. Average Sold Price is DOWN to $347K ( it was $408K last year this time--a decrease of 14%). It IS up over last month. BUT..... Sellers are getting only 89% of list price as the sold... MORE->
About Barb Northam

Reported by

Flo Nystrom
as of 3/15/2009:

Approaching April 2009 in the Northern Virginia Area, inventory in general is down and sales are beginning to happen. Interest rates remain under 6%. And, loans are available for purchasers with 3% downpayment, employment documentation and... MORE->
About Flo Nystrom

Reported by

Steve Hawkins
as of 2/23/2009:

Loudoun County is one of the fastest growing areas in the country, however, the market is a Buyer's Market.. During January 2009, 288 units sold compared to 214 in January 2008. Average days on market in January 2008 was 119. Now is the time to buy... MORE->
About Steve Hawkins

Average Current Market Rating: 1.8 (4 ratings)

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

Average Current Price Trend: 2 (4 ratings)

1	2	3	4	5
Falling			Rising

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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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