Key Market Trends: January 2025
The number of sales in Loudoun County grew in the first month of 2025. There were 266 home sales across Loudoun County, which is 39 more sales than the previous year, representing an increase of 17.2%. Sales activity rose in Ashburn zip code 20148, with 15 additional sales (+57.7%), and in Leesburg zip code 20175, which had 11 more sales than last year (+64.7%). Sterling zip code 20164 had nine fewer sales than a year ago (-30.0%).
After climbing up the last five months of 2024, pending sales were down at the beginning of this year. Pending sales in Loudoun County dropped by 11.7% in January, bringing the total to 264, which is 35 fewer than a year earlier. Ashburn zip code 20148 saw the largest decline in activity this month with 15 fewer pending sales compared to the previous year, a decrease of 30.6%. In contrast, the local markets where pending sales increased this month include Purcellville zip code 20132 with an increase of 50.0% and Sterling zip code 20164 with a rise of 25.0%.
Home prices continued to rise in Loudoun County. At $697,000, the median home price in Loudoun was 4.0% higher than last year, a $27,000 price increase. The area with the largest gain in sales price this month was Leesburg zip code 20176 with homes costing $227,750 more than the previous year, a 34.8% price hike. Home prices in Aldie zip code 20105 fell 8.8%, bringing the median sales price down $71,715.
Listings in Loudoun County went up this month compared to a year ago. At the end of January, the total listing count in Loudoun reached 371, which is 37 listings more than the previous year, reflecting an 11.1% increase in activity. Active listings increased the most in Ashburn zip code 20148, with 19 additional listings on the market (+27.9%). The market with the sharpest decline in listings was Sterling zip code 20164 with 31 fewer listings than the year before (-58.5%).