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Real Estate Market Statistics for Loudoun County-September 2010

Thursday, October 14th, 2010

The real estate market continues to remain stable in Loudoun County. According to Real Estate Business Intelligence (www.rbintel.com), there were 367 homes sold during the month of September 2010 which is down slightly by 6.62% from August 2010. The average sold price in September 2010 was $407,811 which is also down by 3.11% from August 2010 but is up by 5.15% from last year at this time. The average days on market has remained relatively stable and was 56 days during September 2010 according to the statistics. One interesting note is that there were 651 new listings during the month of September as opposed to 568 in August. If that trend continues, then inventory will definitely be increasing.

 

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