Is Loudoun Valley Estates, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loudoun Valley Estates is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Loudoun Valley Estates has remained a Seller's Market.

Key Takeaway

Loudoun Valley Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Loudoun Valley Estates, VA

How much do homes in Loudoun Valley Estates, VA cost?

Median Sold Price

$666,500

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,500(+1.0%)

Key Takeaway

Homes in Loudoun Valley Estates have sold for 1% more than they did a year ago.

Summary: The median home sold price in Loudoun Valley Estates was $666,500 in October 2024, up 1% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $472.2K$495K
+4.8%
3 $573.7K$658.5K
+14.8%
4 $899.9K$861.5K
-4.3%
5+ $1.0M$1.1M
+12.1%

Summary: Loudoun Valley Estates housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 12.1%.

Housing Supply in Loudoun Valley Estates, VA

How many homes are available in Loudoun Valley Estates, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2427+12.5%

Summary: The Loudoun Valley Estates real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1112
+9.1%
4 77
0.0%
5+ 34
+33.3%

Summary: The Loudoun Valley Estates housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loudoun Valley Estates, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Loudoun Valley Estates in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Loudoun Valley Estates, VA

How long does it take to sell a home in Loudoun Valley Estates, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days19 Days+81.1%

Summary: Homes in Loudoun Valley Estates had an average of 19 days on market in Oct 2024, up by 81.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Loudoun Valley Estates are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Loudoun Valley Estates; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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