Purcellville, Virginia is home to horse farms and vineyards, green fields and dirt roads. Beautiful in the summer, pastoral in the winter, a beautiful place to watch the seasons change. For the entirety of our time here, and for many years before, … [Read more...]
June Market Statistics – Lower Sales Due to Tight Inventory and Interest Rates Going Up
This month I'm adding Jefferson County in WV and Frederick Counties in both VA and MD as I'm seeing some interest in those in the light of other NoVA and SoMD counties getting more expensive. The market is still very tight with lower inventory, lower … [Read more...]
March Northern Virginia Real Estate Market Still Tight
We are still suffering from extremely low inventory and days on the market across northern Virginia. For example, Loudoun County had 19% less inventory than last year, and the lowest inventory in March for 10 years! In some sectors, double digit … [Read more...]
Record Low Inventory in Northern Virginia in February
We had record low inventory in Northern Virginia again in February. For example, in Loudoun County we had the lowest recorded inventory in 10 years, with only 1.6 months of supply heading into March. Median prices grew 6% over last year in Loudoun, … [Read more...]
No Relief for the Tight Home Market in Northern VA
Prices continue to rise in most markets. Those few markets that did not see an increase over last year are typically small volumes of sales and therefore more statistically volatile. Days on the market is generally lower than last year with tight … [Read more...]
All About Stephens City
I took some clients to Stephens City to look at homes last weekend. I liked it a lot and wanted to learn more. Now you can too! Stephens City is a town in the southern part of Frederick County, Virginia, with a population of 1,829 at the time of … [Read more...]