Loudoun County Realtor - Housing Sees Higher Prices, Faster Sales

Loudoun County Realtor - Market Trends

There are some great trends in the housing market for Loudoun County for April that should interest those looking to buy and sell a home.  Below are a few stats that show that the housing marketing is stabilizing and trending upward:

- Total sales closed in April were 425 units (higher in March 2012 by 9% and higher than April 2011 by 5%)

- Median sale price was $374k in April (higher from March 2012 by 7% and higher than April 2011 by 1%)

- Average days on the market in April was 56 days which was lower than March by 8 days and lower than April 2011 by 17 days.

This is some really encouraging news for the overall housing market in the area.  It might be time for you to find yourself a Loudoun County Realtor.  If so, then you might want to consider myself as a resource for your housing needs.  Our team is focused 100% on customer satisfaction and professionalism.

You can find the market statistics for April and any other month trending for Northern Virgina at Loudoun County's top realtor.

If you are looking to buy a new home, a great option for you might be the New Home Construction at One Loudoun location at Route 7 and Loudoun County Parkway.

One Loudoun will be a mixed-use community of single family homes, townhomes, office buildings, schools and more.  Below are some of the basic community amenities:

• Community Elementary School
• Specialty Retail
• 4-Star Hotel
• Restaurants, bistros, bars and entertainment
• Multi-screen movie theater
• Central Park
• Town Green, pocket parks and ample green space
• Gourmet Grocer
• Community Recreation center with pool, courts, fields & fitness
• Sports Plex – outdoor fields
• Amphitheater
• Miles of paved, pedestrian pathways

The luxury townhomes are being built by NV Homes with pricing from the $450’s and the single family homes are from Camberely with pricing from the $500’s.  These are some great homes that you might consider if you are looking for a new home.  Loudoun County is growing quite quickly and this will definitely be an area that will be hotspot that is close to Landsdowne, Belmont Country Club, and Broadlands.

If you need a seasoned real estate agent to help you navigate thru the new home construction at Loudoun One, other homes for sale, or the home buying process – please call my team.  We are here to service you!

Caren O'Brien
www.CarenOBrien.com

Loudoun County Home Sale Statistics - April

I wanted to share with you the statistics from April in Loudoun County that I thought will be useful for both buyers and sellers in todays' market.

• Median Sale Price - $374k (higher than March 2012 of $350k and higher than April 2011 of $370k)
• Total Closed Sales - 425 (higher than March 2012 of 390 and higher than April 2011 of 404)
• Average Days on Market - 56 (lower than March 2012 of 64 and lower than April 2011 of 73)
• Average Sale Price to Original Sale Price - 95.6% (same from March 2012 and same from April 2011)

If you are interested in additional details on the market statistics on Loudoun County, please reach out to me!
Caren O'Brien
caren.obrien@realtydirect.com
www.carenobrien.com

Loudoun Risks Billions by Abandoning Metro

I saw this article earlier today regarding the metro moving out into Loudoun County and the current debate about the overall costs.

This issue will definitely affect the home prices out in Loudoun County especially in the areas of Broadlands & Brambleton.  If you are interested in learning more about these areas and search for a home, please visit Ashburn Real Estate.

Below is the article link:

Report: Loudoun Risks Billions by Abandoning Metro