March 2025: Market Indicators Report

Key Market Trends: March 2025

For the seventh consecutive month, sales increased in Loudoun County. In March, home sales in
Loudoun County increased by 10%, reaching a total of 406 sales, which is 37 more than the same time
last year. In the Ashburn zip code 20147, there were 13 additional sales compared to the previous year,
representing a 25.5% increase in activity. However, sales declined in Leesburg zip code 20175, with six
fewer sales, a decrease of 15.0%. Similarly, in Sterling zip code 20164, there were three fewer sales than
the previous year, amounting to an 8.1% decline.

Pending sales continued to rise year-over-year in March. There was a 22.3% increase in pending
sales this month, bringing the total to 532 pending transactions in the area, 97 more than last March.
Pending sales grew in Leesburg zip code 20176, with 33 more pending sales than a year ago (+64.7%),
followed by Aldie zip code 20105, with 21 additional pending sales (+65.6%). Meanwhile in Sterling zip
code 20165, pending sales dipped from a year ago, with three fewer pending transactions, showing a
decrease of 7.3%.

Prices were higher in March of this year compared to last year. At $810,000, the median sales price
in Loudoun County was $65,000 more than the previous year, increasing by 8.7%. The markets where
home prices jumped up the most were Leesburg zip code 20175, with homes costing $157,500 more
than a year earlier (+21.4%), and Chantilly zip code 20152, with a $156,451 price hike (+23.2%). Homes
sold in Sterling zip code 20164 (-9.1%) and Purcellville zip code 20132 (-2.5%) saw prices decrease this
month.

Listings surged in Loudoun County this month. Active listings climbed up 38.4% at the end of March,
leading to 497 listings throughout Loudoun County, 138 more than the previous year. Ashburn zip code
20148 had 36 additional listings on the market (+58.1%), while listings fell in Sterling zip code 20164, with 18 fewer listings compared to the end of last March (-56.3%).