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| FEBRUARY 2025 | |||
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| Units Sold 286 |
Active Inventory 511 |
Median Sale Price $752,212 |
Days On Market 21 |
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| Up 1% Vs. Year Ago |
Down -10% Vs. Year Ago |
Up 8% Vs. Year Ago |
Up 5% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in February, with 286 sold this month in Loudoun County Real Estate versus 269 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 1% versus February 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 54 units or 10%. The total number of active inventory this February was 511 compared to 565 in February 2024. This month's total of 511 is lower than the previous month's total supply of available inventory of 528, a decrease of 3%. |
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Median Sale Price
Last February, the median sale price for Loudoun County Homes was $696,702. This February, the median sale price was $752,212, an increase of 8% or $55,510 compared to last year. The current median sold price is 8% higher than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 471 |
Current Contracts 406 |
Sold Vs. List Price 101.5% |
Months of Supply 1.8 |
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| Down -1% Vs. Year Ago |
Up 15% Vs. Year Ago |
No Change Vs. Year Ago |
Down -10% Vs. Year Ago |
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Months of Supply
In February, there was 1.8 months of supply available in Loudoun County, compared to 2.0 in February 2024. That is a decrease of 10% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 471 homes newly listed for sale in Loudoun County compared to 478 in February 2024, a decrease of 1%. There were 406 current contracts pending sale this February compared to 354 a year ago. The number of current contracts is 15% higher than last February. |
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Sale Price to List Price Ratio
In February, the average sale price in Loudoun County was 101.5% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 21, higher than the average last year, which was 20, an increase of 5%. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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