Here is a snap shot of the home sales, days on market, active listings, and pending sales in Loudoun County during April.
I know that it is already May but it takes a while to see the correct picture of all that sold when sales are not always updated on time.
As you can see sales are up, days on market are down, and pending contracts are up. The only negative that I see besides a lot of listings, which is common this time of year, is that the average sales price is down. This is a tough stat to judge depending on the types of homes are selling. Nevertheless it appears that every month for the past few we have seen a around a 20k drop in the average sales price.
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