Leesburg Real Estate Market Statistics (20175, 20176) - September 2008

Here are the September 2008 statistics for the Leesburg real estate market (20175 and 20176 zip codes):

Leesburg - 20175 - September 2008

• New listings = 52. This is a 20 percent decrease in new inventory as compared to September 2007
• Solds (Under Contract) = 36. This is a 45 increase in buyer demand as compared to September 2007

Leesburg - 20176 - September 2008

• New listings = 101. This is 29 percent decrease in new inventory as compared to September 2007
• Solds (Under Contract) = 71. This is a 236 percent increase in buyer demand as compared to September 2007

Though buyer demand increased significantly year-over-year in the 20175 zip code of Ashburn, it really spiked in the 20176 zip code. These statistics confirm what my clients and I have been seeing and feeling while searching for and writing offers on properties - there are less properties to choose from and more buyers fighting for the same property.

Related Articles

Sterling Real Estate Market Statistics (20164, 20165, 20166) - September 2008

Ashburn Real Estate Market Statistics (20147, 20148) - September 2008

No "Summer Slump" For Loudoun County Real Estate In 2008

Loudoun County Real Estate Market Statistics - 1st Half 2008 vs 2007

Loudoun Real Estate Inventory Levels Well Below National Average