Loudoun County March MTD Market Activity

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March 23, 2006

Market Pulse IndexHere's a quick sample of month-to-date market activity for Loudoun County as of March 22, 2006:
  • Total Active:  3,181
  • New Listings:    1070
  • New Contracts: 372
  • March Sold: 248
  • Average Price: $563,998
  • Average Days:   81
  • Pulse Index:   -0.81
If we extrapolate these to predict the end of month (9 days remaining):
  • Total Active: 3,200 to 3,300
  • New Listings:  1,400 to 1,600
  • New Contracts: 500 to 550
  • February Sold: 325 to 375
  • Pulse Index:   -0.75 to -0.79
It doesn't appear market direction is turning this month. Sold and new contracts appear to be occuring at the same rate as last month with new listings potentially much higher. We will take another sample on April 1st.

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