October 2012 reports show GROWTH in Loudoun County!
Closed sales in Loudoun County are up from 310 properties sold in October 2011 to 407 in October 2012. The days a home was active on the market decreased from 81 to 60 days with the average sold price up from $391,485 to $412,527.
Statistic Values YoY MoM
|
| Total Sold Dollar Volume |
$167,898,378 |
+38.35% |
–8.45% |
| Closed Sales |
407 |
+31.29% |
–3.78% |
| Median Sold Price |
$370,000 |
+4.96% |
–4.88% |
| Avg Sold Price |
$412,527 |
+5.37% |
–4.85% |
| Avg Days on Market |
60 days |
–25.93% |
–1.64% |
| Avg Sold to Orig List Ratio |
96.79% |
+1.31% |
+0.34%
|
What do these number mean for you?
A healthy Loudoun County real estate market. Prices are stable and showing modest gains. Houses are selling faster and for more money. If you are considering buying a home in the Ashburn area NOW is the time to take advantage of the crazy low interest rates and start building equity today! And, if you are looking to make a move up into something larger or downsize into a cozy new home, your current house will sell faster than last year!
Looking for more information on real estate trends in Loudoun County and the surrounding Northern Virginia area? Your local experts at Ask Gina & Company will guide you through the market conditions and unlock the possibilities in Northern Virginia real estate!
Remember, the best time to plant a tree was 20 years, the second best time is NOW. Call 703-574-3478 today and plant your real estate tree TODAY!
Looking for more information on real estate trends in Loudoun County and the surrounding Northern Virginia area? Your local experts at Ask Gina & Company will guide you through the market conditions and unlock the possibilities in Northern Virginia real estate!Remember, the best time to plant a tree was 20 years, the second best time is NOW. Call 703-574-3478 today and plant your real estate tree TODAY!