Leesburg, VA Market Report – 4/3/12

03 Apr
April 3, 2012

Moving into 2012, we see a slight rebound from the very poor 4th quarter of 2011.  Pending sales have recovered nicely since the low in September, which indicates that sales volume will increase in next 45-60 days.

February 2011 February 2012 % change
Avg. Sales Price $408,992 $424,826 3.8%
Avg. DOM 88 60 -3.8%
Total Unit sales 61 58 -5%
Active listings 339 325 -4%
Pending Sales 212 198 -6%

 

All indications show that the Leesburg market will continue to enjoy a steady increase in value.  While the average sales price in Loudoun County has declined nearly 5% since February 2011, the Leesburg market has shown a 4% increase.

Commentary and analysis provided by Jim Agnew, Avery Hess, Realtors, Dulles/Westfields Regional Office
Search for homes in Leesburg, VA and the entire DC Metro:www.averyhess.com

Tags: ,
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply