January Market Statistics for Loudoun

There is more good news on the real estate front for Loudoun County. Our homes sales increased 31 percent from January of last year. Loudoun County closed 284 transactions this month compared to 216 in January of 2008. Our inventory is down from 3234 in January of 2008 to 2288 current active listings. The average sales price in 2008 was $431,811.00 compared to today's sales price of $328,254.00. The decline in sales prices is difficult news to share with those trying to sell right now but should serve as a reminder to all potential buyers that the time is now!