Overview
- There were 972 homes for sale at the end of the month, which is down 27.4 percent from this time last year, leaving only 1.8 months of supply.
- After a 10 year high in December, Loudoun County’s median sales price increased modestly in January, climbing 2.5% percent on an annualized basis to $450,000. This marks a 43 percent appreciation versus the $315,000 low of April 2009.
- Closed sales are down from December 2016, but up 7.3 percent over January 2016.
- New listing activity decreased versus last year, with 517 homes added in January, down 2.5 percent from January 2016.
- Half the homes sold in January were listed for 33 days or less, down 35 percent from January 2016.
- Loudoun’s sellers received an average 97.0 percent of original list price in January, 0.6 points more than last year and the highest January mark in the last decade.