Loudoun's real estate market hot spots
You might be surprised at some of spots in Loudoun where houses are flying off the shelves. A recent article in the Loudoun Times outlined some trends in pricing and days on market which featured some old favorites and a few newcomers as well. Sterling Park, Aldie, Broadlands and Brambleton are all on FIRE right now!
Here’s an excerpt from the article:
“The newer neighborhoods in Aldie saw the biggest uptick in activity in the past year, with a median 29 days on the market compared with 42 in August 2014. That rise is likely a result of the median sales price in the area taking a hit—down 23 percent from $545,124 last August to $420,721 this August.
DAAR’s August report showed that houses were moving quickest in Sterling’s 20164 ZIP code, which logged the county’s lowest median sales prices at $352,500. Homes in that area, east of Rt. 28 and south of Rt. 7, were on the market an average of 26 days in August. In July, that rate was 18 days.”
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