October’s Numbers Are In!

With much in the national press about the real estate industry it is interesting to note that in October in the $200,000-$399,999 detached unit ranges there was a massive explosion of activity as people rushed to take advantage of relatively low interest rates and a wealth of property available in this buyers market.

That range consists of two bands, $200,000-$299,999 where there was in increase of sold homes up 200% and in the other $300,000-$399,999 there was an increase of 108%! Similarly for detached properties the number of days on the market fell back for this category after increasing in September.

If you are considering purchasing a property in Loudoun County then please get in contact with Shirley Chambers on 703-450-8398.

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