It’s no secret that 2013 was an outstanding year for One Loudoun: We had an extraordinary number of home sales and were even recognized on the Top 50 Master-Planned Communities list. While it’s now January, home sales figures and real estate statistics for the end of the year in Loudoun County are just now being released. And, according to the Loudoun Times, our county finished the year on a very strong and promising note!
Specifically, housing sales in Loudoun County were up 19 percent this past December, when compared to the year before. Incredibly, this is more than 58 percent higher than November sales, as reported by RealEstate Business Intelligence. This led to an increase in total sold dollar volume, which surged nearly 65 percent from November to December. This much activity in the housing market is sure to have a positive impact on the local economy!
Local Realtor and president of the Leesburg Downtown Business Association, Gwen Pangle, believes that this boost in home sales indicates the spring market is beginning a little earlier this year. Many interested homebuyers are opting to beat the crowds and jump into the market early before competition increases. Which is, without a doubt, a smart move in popular developments like One Loudoun.
Additionally, many would like to begin the mortgage application process earlier, so they can attain their mortgages as soon as possible. These early buyers are definitely on to something, as buying sooner rather than later proves to have many benefits for homeowners.
In One Loudoun, there’s no questioning the value of our new homes for sale. And, no matter your preferences, you can find the perfect home or townhome for you and your family in our unique community. Our mixed-use designs and expertly planned development make living here truly special. Everything a family needs from a grocery store to an elementary school, and so much more, is just outside the front door. Talk about a convenient lifestyle!
Not to mention, One Loudoun is growing by the day. With plans for new shops and retailers, as well as more restaurants and eateries, One Loudoun will be the place to be in Northern Virginia!