February 2025: Market Indicators Report
Key Market Trends: February 2025
In Loudoun County, sales activity increased from a year ago. The Loudoun market saw 18 additional home sales in February, bringing the total to 291 in the county, which is a 6.6% increase compared to last year. Sterling zip code 20165 (+41.2%) and Purcellville zip code 20132 (+60.0%) saw the largest sales increase this month. Meanwhile, sales decreased in Aldie zip code 20105 (-13.6%) and Lovettsville zip code 20180 (-28.6%).
Pending sales grew in February after falling last month. There were 401 pending sales in Loudoun in February, up 17.3% from the year before, which is 59 more pending sales. Activity rose in Ashburn zip code 20148 with 21 additional pending sales (+38.2%) and in Sterling zip code 20164 with 12 more pending sales compared to a year ago (+50.0%). The two markets that experienced declines were Purcellville zip code 20132, with five fewer pending sales (-20.8%), and Leesburg zip code 20175, with three fewer pending sales (-8.8%).
Home prices remain elevated in Loudoun County. The median sales price in the county increased by 9.0%, raising the median price to $751,100 in February, which is $62,100 higher than the previous year. Home prices surged in Aldie zip code 20105 (+49.9%) and Leesburg zip code 20176 (+33.6%) this month. Ashburn zip code 20148 was the only local market in the region where sale prices decreased (-5.4%).
Supply ticked up as active listings continued to expand across the country. At the end of February, the total listing count in the Loudoun market reached 426, marking a 19.7% increase from last year, which reflects an additional 70 listings on the market. Listing activity grew in Ashburn zip code 20147, with 27 more listings (+69.2%), and in Leesburg zip code 20176, which saw an increase of 19 listings compared to the previous year (+34.5%). However, Sterling zip code 20164 saw a significant decline, with 12 fewer active listings than a year ago (-34.3%).