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2020-12 -- Real Estate of Northern Virginia Market Report - December 2020 Real Estate Trends - Michele Hudnall

2020 - End of the Year Clearance Sale!! This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation. The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.

2020 - End of the Year Clearance Sale!!

This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation.

The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.

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|| LOUDOUN COUNTY OVERVIEW NOVEMBER <strong>2020</strong><br />

Loudoun, VA<br />

MARKET ANALYSIS BY CITY<br />

Number<br />

<strong>of</strong> Sales<br />

Avg Days<br />

on Mkt<br />

Avg Price<br />

/ SQFT<br />

- 88 -<br />

Avg Sale to<br />

Orig List<br />

Price Ratio<br />

Avg Close<br />

Price<br />

YoY Close<br />

Price<br />

Change<br />

610 17 $ 258.45 100.26% $ 575,651 6.47%<br />

Detached 263 17 $ 275.71 100.21% $ 732,409 11.90%<br />

Aldie 29 6 $ 271.57 100.78% $ 883,163 <strong>12</strong>.31%<br />

3 Beds 1 6 $ 316.43 101.56% $ 780,000 85.71%<br />

4 to 5 Beds 28 6 $ 269.84 100.76% $ 886,847 10.54%<br />

Ashburn 34 <strong>12</strong> $ 278.68 100.88% $ 787,815 4.16%<br />

2 Beds or less 0 0 $ - #DIV/0! $ - -100.00%<br />

3 Beds 5 5 $ 365.33 99.34% $ 600,464 -1.17%<br />

4 to 5 Beds 29 13 $ 269.71 101.08% $ 820,117 5.95%<br />

Bluemont 0 0 $ - #DIV/0! $ - -100.00%<br />

2 Beds or less 0 0 $ - #DIV/0! $ - -100.00%<br />

Brambleton 3 18 $ 252.04 100.66% $ 858,000 14.71%<br />

4 to 5 Beds 3 18 $ 252.04 100.66% $ 858,000 14.71%<br />

Broadlands 5 5 $ 246.76 103.14% $ 809,200 10.25%<br />

4 to 5 Beds 5 5 $ 246.76 103.14% $ 809,200 10.25%<br />

Chantilly 17 4 $ 254.45 102.<strong>12</strong>% $ 804,584 14.94%<br />

3 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

4 to 5 Beds 17 4 $ 254.45 102.<strong>12</strong>% $ 804,584 13.31%<br />

Great Falls 0 0 $ - #DIV/0! $ - -100.00%<br />

4 to 5 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

Hamilton 8 17 $ 273.99 101.01% $ 707,141 8.14%<br />

2 Beds or less 0 0 $ - #DIV/0! $ - -100.00%<br />

3 Beds 2 8 $ 327.92 97.88% $ 462,500 7.56%<br />

4 to 5 Beds 6 20 $ 256.01 101.64% $ 788,688 0.25%<br />

Hillsboro 6 43 $ 263.45 99.22% $ 851,232 93.46%<br />

3 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

4 to 5 Beds 6 43 $ 263.45 99.22% $ 851,232 43.06%<br />

Leesburg 58 14 $ 270.69 100.26% $ 722,284 <strong>12</strong>.04%<br />

2 Beds or less 1 108 $ 385.71 101.28% $ 405,000 #DIV/0!<br />

3 Beds 14 <strong>12</strong> $ 343.13 99.58% $ 594,588 31.87%<br />

4 to 5 Beds 43 <strong>12</strong> $ 243.80 100.42% $ 771,238 <strong>12</strong>.23%<br />

Lovettsville <strong>12</strong> 31 $ 243.63 99.18% $ 554,355 7.99%<br />

2 Beds or less 2 14 $ 388.29 99.13% $ 458,000 31.11%<br />

3 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

4 to 5 Beds 10 35 $ 211.48 99.19% $ 573,626 -1.28%<br />

Middleburg 5 173 $ 477.55 93.96% $ 9<strong>12</strong>,000 77.52%<br />

2 Beds or less 2 241 $ 604.47 91.03% $ 857,500 #DIV/0!<br />

3 Beds 2 184 $ 428.85 94.92% $ 935,000 156.16%<br />

4 to 5 Beds 1 19 $ 321.15 97.60% $ 975,000 47.17%<br />

Paeonian Springs 0 0 $ - #DIV/0! $ - -100.00%<br />

2 Beds or less 0 0 $ - #DIV/0! $ - -100.00%<br />

3 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

4 to 5 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

Potomac Falls 4 27 $ 271.02 100.96% $ 736,250 #DIV/0!<br />

3 Beds 2 45 $ 278.59 98.51% $ 630,000 #DIV/0!<br />

4 to 5 Beds 2 10 $ 263.46 102.87% $ 842,500 #DIV/0!<br />

Purcellville 10 14 $ 258.90 99.38% $ 637,200 9.20%<br />

2 Beds or less 1 14 $ 400.00 103.45% $ 330,000 #DIV/0!<br />

3 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

4 to 5 Beds 9 14 $ 243.22 99.16% $ 671,333 7.80%<br />

Round Hill 6 10 $ 246.30 101.10% $ 567,650 -13.41%<br />

2 Beds or less 0 0 $ - #DIV/0! $ - -100.00%<br />

3 Beds 1 4 $ 320.00 106.67% $ 384,000 #DIV/0!<br />

4 to 5 Beds 5 11 $ 231.56 100.43% $ 604,380 -4.63%<br />

South Riding 1 2 $ 221.37 100.00% $ 775,000 26.84%<br />

4 to 5 Beds 1 2 $ 221.37 100.00% $ 775,000 26.84%<br />

Sterling 56 <strong>12</strong> $ 296.95 100.45% $ 596,293 <strong>12</strong>.68%<br />

3 Beds 15 9 $ 364.36 101.49% $ 471,353 10.13%<br />

4 to 5 Beds 41 14 $ 272.29 100.17% $ 642,002 14.33%<br />

Stone Ridge 1 8 $ 205.75 99.88% $ 744,000 #DIV/0!<br />

4 to 5 Beds 1 8 $ 205.75 99.88% $ 744,000 #DIV/0!<br />

Upperville 0 0 $ - #DIV/0! $ - -100.00%<br />

3 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

Waterford 8 48 $ 224.24 95.44% $ 1,053,091 55.81%<br />

4 to 5 Beds 8 48 $ 224.24 95.44% $ 1,053,091 55.81%

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