Loudoun Market Trends at a glance

Inside Loudoun Market Trends at a glance

The Loudoun Market at a glance. Updated monthly with periodic "quick looks."
There are 5 articles written on this subject. The most recent 10 are listed here:

Loudoun Real Estate Market | June 2006

Loudoun Real Estate Snapshot | June 2006

Loudoun Real Estate Market | May 2006

Loudoun Real Estate Snapshot | May 2006

Loudoun Real Estate Market | April 2006

You will find a complete Index of Articles by Category and by Month in the Archives.

July 12, 2006

Loudoun Real Estate Market | June 2006

by Merv on Wednesday, July 12, 2006 at 05:14 AM | [0] Comments [0] Blog links

THESE PAGES ARE NO LONGER RELAVENT. SEE LOUDOUN MARKET NEWS AND LOUDOUN DAILY MARKET WATCH. RESET YOUR BOOKMARKS.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

The Loudoun Buyer Intensity Index (Loudoun BII) is simply an indicator of buyer intensity at any point in time (monthly). Positive index values means more property is being sold than there are active listings. Negative index values means fewer properties are being sold when compared to total active listings. Values close to zero indicates a relatively balanced market; number sold is close to number active. An out of balance condition exists when the difference between sold and active is greater than 25% of the number of actives or when the difference is less than 20% of the number of total actives.

Data Points

Loudoun County \| Residential Property
May 2006	Trend* ↑↓		Sell	Buy
■ Avg Sales Price	$542.050	↑	■	■
■ YTD Avg Price	-2.6%	↓	■	■
■ New Listings	1,643	→	■	■
■ Active Listings	4,718	↑↑	■	■
■ New Contracts	469	↓	■	■
■ Number Sold	484	↑	■	■
■ Weeks Backlog	21.3	↑	■	■
■ Days on Market	70	↑	■	■
■ % of List Price	95.7%	↓	■	■
■ Builders Sold	45	↓	■	■
■ Buyer Intensity*	-0.80	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 80% lower than total active

Loudoun County \| Residential Property
June 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$531,713	↓	■	■
■ YTD Avg Price	-4.5%	↓	■	■
■ New Listings	1,454	↓	■	■
■ Active Listings	4,907	↑	■	■
■ New Contracts	434	↓	■	■
■ Number Sold	515	↑	■	■
■ Weeks Backlog	22.2	↑	■	■
■ Days on Market	75	↑	■	■
■ % of List Price	95.7%	→	■	■
■ Builders Sold	38	↓	■	■
■ Buyer Intensity	-0.81	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Strong Buyer
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 81% lower than total active

About Market Trends: Data for the tables and charts is derived from the local MLS (MRIS), the Dulles Area Association of REALTORS® and the Northern Virginia Association of REALTORS®. Official public data is normally availble by the 10th of the month following the month in question.

Comment on Loudoun Real Estate Market | June 2006. Follow this article is off. More articles like this one filed in: Loudoun Market Trends at a glance

July 2, 2006

Loudoun Real Estate Snapshot | June 2006

by Merv on Sunday, July 2, 2006 at 07:24 AM | [0] Comments [0] Blog links

Unofficial June Market update for Loudoun County, VA: Yet another sluggish month for real estate activity. Unsold inventory dropped primarily due to listings expiring at the end of the month (see Daily Market Watch), new listings are declining, number sold was about the same and under contract declined. Surprisingly, prices seem to be maintaining even though we see major price reductions on the majority of listings. Days on market is up a bit. Buyers are writing contracts on bargains and seller subsidies have become the norm.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Loudoun County \| Residential Property
May 2006	Trend* ↑↓		Sell	Buy
■ Avg Sales Price	$542.050	↑	■	■
■ YTD Avg Price	-2.6%	↓	■	■
■ New Listings	1,643	→	■	■
■ Active Listings	4,718	↑↑	■	■
■ New Contracts	469	↓	■	■
■ Number Sold	484	↑	■	■
■ Weeks Backlog	21.3	↑	■	■
■ Days on Market	70	↑	■	■
■ % of List Price	95.7%	↓	■	■
■ Builders Sold	45	↓	■	■
■ Buyer Intensity*	-0.80	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 80% lower than total active

Loudoun County \| Residential Property
June 2006 Unofficial	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$536,548	↓	■	■
■ YTD Avg Price	-3.60%	↓	■	■
■ New Listings	1,466	↓	■	■
■ Active Listings	4,521	↓	■	■
■ New Contracts	349	↓↓	■	■
■ Number Sold	460	↓	■	■
■ Weeks Backlog	24	↑↑	■	■
■ Days on Market	73	↑	■	■
■ % of List Price	96.3%	↑	■	■
■ Builders Sold	38	↓	■	■
■ Buyer Intensity	-0.82	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Strong Buyer
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 82% lower than total active

Comment on Loudoun Real Estate Snapshot | June 2006. Follow this article is off. More articles like this one filed in: Loudoun Market Trends at a glance

June 9, 2006

Loudoun Real Estate Market | May 2006

by Merv on Friday, June 9, 2006 at 04:44 PM | [0] Comments [0] Blog links

Official May market update for Loudoun County, VA: Unsold inventory is at an all-time high at 4,718. There were as many new listings as last month with the number sold and new contracts remaining about the same. Surprisingly, prices seem to be maintaining even though we see price reductions on the majority of listings. Average days on market is holding right at 70 days for sold properties. This tells me that buyers (as few as there are) are writing contracts on their pick of the best at a reasonable price. The charts will be updated in the next hour.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Loudoun County \| Residential Property
April 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$532,473	↓	■	■
■ YTD Avg Price	-4.40%	↓	■	■
■ New Listings	1,649	↓	■	■
■ Active Listings	4,313	↑↑	■	■
■ New Contracts	505	↓	■	■
■ Number Sold	467	↓	■	■
■ Weeks Backlog	19.1	↑↑	■	■
■ Days on Market	73	↓	■	■
■ % of List Price	97.1%		■	■
■ Builders Sold	58	↑	■	■
■ Buyer Intensity	-0.78	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Strong Buyer
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 78% lower than total active

Loudoun County \| Residential Property
May 2006	Trend* ↑↓		Sell	Buy
■ Avg Sales Price	$542.050	↑	■	■
■ YTD Avg Price	-2.6%	↓	■	■
■ New Listings	1,643	→	■	■
■ Active Listings	4,718	↑↑	■	■
■ New Contracts	469	↓	■	■
■ Number Sold	484	↑	■	■
■ Weeks Backlog	21.3	↑	■	■
■ Days on Market	70	↑	■	■
■ % of List Price	95.7%	↓	■	■
■ Builders Sold	45	↓	■	■
■ Buyer Intensity*	-0.80	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 80% lower than total active

Comment on Loudoun Real Estate Market | May 2006. Follow this article is off. More articles like this one filed in: Loudoun Market Trends at a glance

June 1, 2006

Loudoun Real Estate Snapshot | May 2006

by Merv on Thursday, June 1, 2006 at 12:21 PM | [0] Comments [0] Blog links

Unofficial May Market update for Loudoun County, VA: Another ho-hum month for real estate activity. Unsold inventory is still rising, new listings are declining as are sold and under contract. Surprisingly, prices seem to be maintaining even though we see price reductions on the majority of listings. Days on market is declining a bit and this tells me that buyers (as few as there are) are writing contracts on their pick of the best at a reasonable price. We will check the data again in 48 hours to be sure late MLS updates are incorporated. Official May data will be available June 10th.

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Loudoun County \| Residential Property
April 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$532,473	↓	■	■
■ YTD Avg Price	-4.40%	↓	■	■
■ New Listings	1,649	↓	■	■
■ Active Listings	4,313	↑↑	■	■
■ New Contracts	505	↓	■	■
■ Number Sold	467	↓	■	■
■ Weeks Backlog	19.1	↑↑	■	■
■ Days on Market	73	↓	■	■
■ % of List Price	97.1%		■	■
■ Builders Sold	58	↑	■	■
■ Buyer Intensity	-0.78	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Strong Buyer
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 78% lower than total active

Loudoun County \| Residential Property
May 2006 Unofficial	Trend* ↑↓		Sell	Buy
■ Avg Sales Price	$553,426	↑	■	■
■ YTD Avg Price	-0.06%	↓	■	■
■ New Listings	1,453	↓	■	■
■ Active Listings	4,413	↑	■	■
■ New Contracts	378	↓	■	■
■ Number Sold	415	↓	■	■
■ Weeks Backlog	23.9	↑	■	■
■ Days on Market	68	↓	■	■
■ % of List Price	96.0%	↓	■	■
■ Builders Sold	40	↓	■	■
■ Buyer Intensity*	-0.82	→	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 82% lower than total active

Comment on Loudoun Real Estate Snapshot | May 2006. Follow this article is off. More articles like this one filed in: Loudoun Market Trends at a glance

May 16, 2006

Loudoun Real Estate Market | April 2006

by Merv on Tuesday, May 16, 2006 at 05:39 AM | [0] Comments [0] Blog links

Buyer Intensity

Red Bars: Sellers Market | Green Bars: Buyers Market
Gray Bars: Balanced Market

[click for more detail]

Data Points

Loudoun County \| Residential Property
March 2006	Trend* ↑↓		Sell	Buy
■ Avg Sales Price	$543,515	↑	■	■
■ YTD Avg Price	-2.4%	↓	■	■
■ New Listings	1,831	↑↑	■	■
■ Active Listings	3,734	↑↑	■	■
■ New Contracts	585	↑	■	■
■ Number Sold	552	↑	■	■
■ Weeks Backlog	14.1	→	■	■
■ Days on Market	76	→	■	■
■ % of List Price	97.1%	↑	■	■
■ Builders Sold	46	_↑	■	■
■ Buyer Intensity*	-0.696	→	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Buyers
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 69.6% lower than total active

Loudoun County \| Residential Property
April 2006	Trend ↑↓		Sell	Buy
■ Avg Sales Price	$532,473	↓	■	■
■ YTD Avg Price	-4.40%	↓	■	■
■ New Listings	1,649	↓	■	■
■ Active Listings	4,313	↑↑	■	■
■ New Contracts	505	↓	■	■
■ Number Sold	467	↓	■	■
■ Weeks Backlog	19.1	↑↑	■	■
■ Days on Market	73	_↓	■	■
■ % of List Price	97.1%		■	■
■ Builders Sold	58	_↑	■	■
■ Buyer Intensity	-0.78	↓	■	■
Competition:	+++Favorable to buyers
Market Momentum:	Strong Buyer
Price Momentum:	Buyers
Trend: change from previous month Index: Sold is 78% lower than total active

Comment on Loudoun Real Estate Market | April 2006. Follow this article is off. More articles like this one filed in: Loudoun Market Trends at a glance

Thursday, November 20, 2008 7:19 am
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Northern Virginia

Real Estate Guide...

Inside Loudoun Market Trends at a glance

July 12, 2006

Loudoun Real Estate Market | June 2006

Buyer Intensity

Data Points

July 2, 2006

Loudoun Real Estate Snapshot | June 2006

Buyer Intensity

Data Points

June 9, 2006

Loudoun Real Estate Market | May 2006

Buyer Intensity

Data Points

June 1, 2006

Loudoun Real Estate Snapshot | May 2006

Buyer Intensity

Data Points

May 16, 2006

Loudoun Real Estate Market | April 2006

Buyer Intensity

Data Points

Quick Links

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Northern Virginia

Real Estate Guide...

Inside Loudoun Market Trends at a glance

July 12, 2006

Loudoun Real Estate Market | June 2006

Buyer Intensity

Data Points

July 2, 2006

Loudoun Real Estate Snapshot | June 2006

Buyer Intensity

Data Points

June 9, 2006

Loudoun Real Estate Market | May 2006

Buyer Intensity

Data Points

June 1, 2006

Loudoun Real Estate Snapshot | May 2006

Buyer Intensity

Data Points

May 16, 2006

Loudoun Real Estate Market | April 2006

Buyer Intensity

Data Points

Quick Links

Search The Guide

More Topics in... Loudoun Market Trends at a glance

More Articles Inside

Real Estate Marketing Showcase

Industry Links

Behind the Guide

More Topics in...
Loudoun Market Trends at a glance