Loudoun Single Family Detached Prices Down Again

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March 2, 2007

I've updated the chart for single family, detached homes (less than $1,000,000) sold with February 2007 data. After a November/December small positive bounce, average sold price in February is down about 5% from last month. Seller subsidies are still averaging about $10,000. None of this is a good sign for sellers. Great news for buyers. Another month or so brings the spring buying season. Keep watching.

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