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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 />

- 90 -<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 />

Townhouse 284 13 $ 242.77 100.56% $ 489,588 4.18%<br />

Aldie 22 <strong>12</strong> $ 220.02 100.70% $ 474,818 6.59%<br />

2 Beds or less 3 4 $ 242.41 101.30% $ 362,667 14.05%<br />

3 Beds 17 13 $ 218.11 100.40% $ 483,647 6.32%<br />

4 to 5 Beds 2 14 $ 202.62 102.34% $ 568,000 13.33%<br />

Ashburn 72 13 $ 246.48 100.79% $ 529,232 3.69%<br />

2 Beds or less 6 10 $ 250.30 99.62% $ 431,667 22.82%<br />

3 Beds 46 13 $ 242.82 100.86% $ 504,642 3.13%<br />

4 to 5 Beds 20 16 $ 254.58 100.90% $ 615,059 -6.98%<br />

Brambleton 18 14 $ 229.71 100.08% $ 628,633 19.22%<br />

2 Beds or less 2 4 $ 245.08 100.70% $ 323,500 -0.43%<br />

3 Beds 13 10 $ 230.35 100.61% $ 657,853 30.87%<br />

4 to 5 Beds 3 42 $ 216.70 97.80% $ 705,433 16.20%<br />

Broadlands 5 6 $ 246.20 101.27% $ 530,600 5.56%<br />

3 Beds 3 7 $ 263.61 101.32% $ 491,667 -2.19%<br />

4 to 5 Beds 2 4 $ 220.08 101.21% $ 589,000 #DIV/0!<br />

Chantilly 33 9 $ 225.93 100.78% $ 488,556 -2.02%<br />

3 Beds 27 9 $ 226.<strong>12</strong> 100.43% $ 483,642 0.86%<br />

4 to 5 Beds 6 6 $ 225.10 102.31% $ 510,667 -2.90%<br />

Hamilton 1 1 $ 215.07 100.00% $ 292,500 #DIV/0!<br />

3 Beds 1 1 $ 215.07 100.00% $ 292,500 #DIV/0!<br />

Leesburg 55 22 $ 241.79 100.46% $ 491,932 2.68%<br />

2 Beds or less 3 10 $ 231.96 98.87% $ 349,949 #DIV/0!<br />

3 Beds 38 16 $ 246.43 101.03% $ 476,768 <strong>12</strong>.87%<br />

4 to 5 Beds 14 41 $ 231.30 99.38% $ 563,516 -7.62%<br />

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

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

Potomac Falls 1 1 $ 198.58 100.00% $ 725,000 #DIV/0!<br />

4 to 5 Beds 1 1 $ 198.58 100.00% $ 725,000 #DIV/0!<br />

Purcellville 4 7 $ 252.47 99.69% $ 403,750 0.<strong>12</strong>%<br />

2 Beds or less 1 10 $ 339.86 98.34% $ 295,000 #DIV/0!<br />

3 Beds 3 6 $ 223.34 100.00% $ 440,000 13.50%<br />

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

Round Hill 1 6 $ 242.72 103.38% $ 367,000 <strong>12</strong>.92%<br />

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

4 to 5 Beds 1 6 $ 242.72 103.38% $ 367,000 #DIV/0!<br />

Sterling 72 11 $ 258.28 100.34% $ 421,470 7.21%<br />

2 Beds or less 10 9 $ 320.06 99.44% $ 328,489 6.65%<br />

3 Beds 54 10 $ 251.00 100.63% $ 429,6<strong>12</strong> 8.84%<br />

4 to 5 Beds 8 15 $ 228.38 99.36% $ 482,738 14.57%

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