Mid February Loudoun Market Direction

« Virginia Republicans Say Tax Me | This Article | The Dark Side of Property Appreciation »


February 18, 2006

Market Pulse IndexHere's a quick sample of market activity for Loudoun County as of February 18, 2006:
  • Total Active:  2,689
  • New Listings:    738
  • New Contracts: 257
  • February Sold: 146
  • Average Price: $524,390
  • Average Days:   78
  • Pulse Index:   -0.81
If we extrapolate these to predict the end of month (10 days remaining):
  • Total Active: 3,100 to 3,200
  • New Listings:   950 to 1,050
  • New Contracts: 325 to 375
  • February Sold: 175 to 225
  • Pulse Index:   -0.84 to -0.81
Bottom line for sellers: Show condition and price is everything!

Bottom line for buyers: Wide selection. Superior negotiating position. Great deals can be had.

Comment on Mid February Loudoun Market Direction. Follow this article is off. More articles like this one filed in: Loudoun County Market News

Subscribe to eMail Notifications

Enter your email address in the appropriate box below (email never disclosed)
All new articles on this general topic
New comments on this article
All new articles in the Guide

Comments

Be the first...

Add your comments on this article here






Remember Me?

You may use HTML tags for style
(Note: "enter" or "return" creates a new line.)

If you don't answer correctly, you don't get a second chance. It won't be published.
I am amazed how many people don't get this right.
Thanks for helping us reduce comment spam!

Choice3 Realty Group | Inactive License in Virginia
Call us for a referral to the best agents in Northern Virginia
RE/MAX Renaissance | Leesburg, Virginia | 703-771-2345
Each office independently owned and operated.
© 2004-2007 Choice3 Realty. All rights reserved