Is Loudoun Valley Estates, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Loudoun Valley Estates was a Buyer'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
$650,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Loudoun Valley Estates have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Loudoun Valley Estates was $650,000 in April 2024, up 10.2% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $462K | $481K | +4.1% |
| 3 Bedrooms | $565K | $577.5K | +2.2% |
| 4 Bedrooms | $665K | $870K | +30.8% |
| 5+ Bedrooms | $1.0M | $999.9K | -3.6% |
Summary: Loudoun Valley Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Loudoun Valley Estates | $590K | $650K | +10.2% |
| Loudoun Valley Estates 2 Lb | $778K | $762.5K | -2.0% |
Housing Supply in Loudoun Valley Estates, VA
How many homes are available in Loudoun Valley Estates, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Loudoun Valley Estates real estate market had 15 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loudoun Valley Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Loudoun Valley Estates, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Loudoun Valley Estates in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 14% were sold at asking, and 86% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 4 Days | -57.1% |
Summary: Homes in Loudoun Valley Estates had an average of 4 days on market in Apr 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Loudoun Valley Estates are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Loudoun Valley Estates; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
