As the snow melts away and the daffodils begin to peek through the ground, it seems the Loudoun County real estate market is marching full steam ahead into spring. Buckle up, folks, because this past week has been nothing short of a rollercoaster ride!
Let’s dive into the numbers, shall we? Hold onto your hats because we’ve got some surprises in store.
Homes Sold: An 18% Jump!
Whoa, Nelly! It seems like everyone in Loudoun County has caught the spring fever bug, as homes sold soared by a whopping 18% this past week. Looks like folks are eager to shake off the winter chill and make their move into a new nest.
Homes Under Contract: Football’s Over, Real Estate’s in Full Swing!
With football season coming to a close, it appears that Loudoun County residents are shifting their focus from touchdowns to townhomes. Homes under contract saw a 21% increase, signaling that it’s time to swap out those foam fingers for house keys.
Active Listings: Where Did They Go?
Now, here’s where things get a bit puzzling. While the number of homes sold and under contract is soaring, active listings took a nosedive, plummeting by 26%. It’s a real head-scratcher, folks! Seems like the Loudoun County real estate market is keeping us on our toes with its unpredictable twists and turns.
Median Days on Market: Blink and You’ll Miss It!
If you thought finding a pot of gold at the end of a rainbow was quick, try snagging a home in Loudoun County! With a median days on market still holding steady at a lightning-fast 7 days, buyers better move faster than a cheetah chasing its morning coffee.
Median List to Close Price Ratio: Sellers, You’re on Fire!
In the game of real estate, pricing your home just right is like hitting the bullseye in darts. And Loudoun County sellers? Well, they’re hitting that mark with 100% accuracy! The median list to close price ratio remains a steadfast 100%, showing that sellers in our neck of the woods sure know how to price their homes for success.
So, there you have it, folks! The Loudoun County real estate market is buzzing with excitement as we march into spring. With homes flying off the shelves faster than you can say “sold,” now’s the time to jump into the fray and find your dream home. Who knows? You might just land the deal of a lifetime before you can finish your morning cup of coffee. Happy house hunting, Loudoun County!
To get a recap on the Loudoun County Real Estate Market click here —> 2023 Full Month Market Update for December
If you have specific questions about the market or need advice on your current situation, email us at [email protected]!
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