Blog
July 2024: Market Indicators Report
August 28, 2024
Key Market Trends: July 2024 Sales activity rose in Loudoun County from a year ago. There were 518 home sales in July, 100 more than the previous year, increasing by 23.9%. The markets with the most sales growth this month were Leesburg zip code 20176 with 26 additional home sales (+61.9%) and Ashburn zip code […]
National Association of REALTORS® Priority Issues: August 2024
August 12, 2024
The National Association of REALTORS® has released their Priority Issues for August 2024. If you’d like to take a look CLICK HERE. REALTORS® serve residential and commercial property buyers and sellers in every zip code. Members of the National Association of REALTORS® provide critical support to consumers, serving as a trusted advisor through one of […]
NVAR Forms Changes, Effective August 14th
August 6, 2024
NVAR’s Board of Directors has approved updates for the following forms, effective August 14th, 2024: Click each form to view the revisions. K1336 – Exclusive Right to Sell Listing Agreement K1337 – Exclusive Agency Listing Agreement K1355 – Exclusive Right to Sell Unimproved Land Listing Agreement K1338 […]
June 2024: Market Indicators Report
July 23, 2024
Key Market Trends: June 2024 Home sale numbers fell for the second consecutive month in Loudoun County. In June, there were 521 homes sold throughout Loudoun County, 16 fewer sales than a year ago, dipping by 3.0%. Activity was down in Sterling zip code 20165 with 19 fewer sales (-37.3%) and Ashburn zip code 20148 with […]
NVAR Forms Update: July 1st, 2024
June 25, 2024
Note: Across all forms, any references to “Cooperating Broker” have been changed to “Buyer’s Broker” or “Tenant’s Broker.” Additionally, the legal boilerplate language has been updated throughout the forms to add important provisions regarding the conflict of laws and severability, which address litigation procedure. The changes are as follows: K1336 – Exclusive Right to Sell […]
May 2024: Market Indicators Report
June 21, 2024
Key Market Trends Loudoun County sales decreased slightly in May compared to last year. In May, there were 494 home sales in Loudoun County, a 3.1% decline from the year prior, which is 16 fewer sales. Sale numbers dipped in Ashburn zip code 20148 with nine fewer sales (-9.9%) and Leesburg zip code 20176 with […]
April 2024: Market Indicators Report
May 21, 2024
Key Market Trends Sales activity went up in Loudoun County this month. Sales totaled 454 during the month of April, 5.1% more than a year earlier, an additional 22 sales. The local markets with the most significant increases in sales activity were Leesburg zip code 20176 (+25.5%) and Ashburn zip code 20180 (+14.9%). Activity fell […]
March 2024: Market Indicators Report
April 23, 2024
Key Market Trends Sales activity continues to dip in the Loudoun County housing market. There were 369 sales in the county this month, seven fewer sales than last year, decreasing by 1.9%. The markets with the biggest drop in sales were Aldie zip code 20105, with 14 fewer sales (-32.6%), and Lovettsville zip code 20180, with […]
BOS Adopts FY 2023 Budget; Lowers Personal & Property Tax Rates
April 6, 2022
The newly adopted budget goes into effect July 1, 2022. The real property tax rate of $0.89 has been effective as of January 1, 2022, and the new personal property tax rate of $4.15 (down from this year’s $4.20) will go into effect on January 1, 2023. Loudoun County’s Board of Supervisors (BOS) adopted a […]
DAAR Joins NVTA and Others in Opposition to Gas Tax Suspension
March 28, 2022
The gas tax accounts for one-third of the Commonwealth’s transportation funding, and there’s no guarantee that savings will be passed on to residents or REALTORS®. On Wednesday, March 23, 2022, the Dulles Area Association of REALTORS® (DAAR) signed a letter with other community organizations and REALTOR® associations opposing the Motor Vehicle Fuels tax (gas tax) […]