Loudoun County Real Estate Market May 2016

Jefferson county real estate market june 2016

Loudoun County Real Estate Market May 2016

Loudoun County is located in Virginia and sits next to the West Virginia state line. It is the third most populous town in the state of Virginia. Some notable towns located in Loudoun County include Purcellville, Round Hill, Lovettsville, Leesburg, and Middleburg.

The market has stayed strong as we continue to see sun in the warmer months. Let’s take a look at the Loudoun County Real Estate Market May 2016 statistics and see how the market is comparing to last year.

Loudoun County Real Estate Market May 2016

  • There were a total of 1,822 active listings in Loudoun County, VA during the month of May.
  • Of those listings, 1,032 listings were put on the market during the month.
  • There were a total of 1,218 pending properties, which included any properties that were already under contract or went under contract throughout the month.

Median sold price

May 2016: $450,000
May 2015: $439,000

Increased 2.51%

The average sold price of attached homes during the month of May was $369,560. The average sold price of detached homes during the month of May was $598,279.


Number of units sold

May 2016: 691
May 2015: 621

Increased 11.27%

Of those 691 units sold this month, 339 were attached homes and 352 were detached homes.


Average days on the market

May 2016: 35 days
May 2015: 50 days

Decreased 30.00%


Average list price

May 2016 average list price: $492,542
May 2015 average list price: $500,184

Decreased 1.53%


Average sales price to original list price ratio

May 2016: 98.2%
May 2015: 97.8%

Increased 0.48%

Do you have questions about the Loudoun County Real Estate Market | May 2016 update? Would you like to receive some information about another area? Give The Linda Kilroy Team at ERA Liberty Realty a call. One of their experienced sales agents can give you an in depth explanation of these statistics and tell you whether it might be a good time to buy or sell in Northern Virginia or the Eastern Panhandle of West Virginia. The team can be reached at (304) 725-1145. You can also fill out the form below.

Loudoun County Real Estate Market May 2016

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Loudoun County Real Estate Market May 2016