PURCELLVILLE, LOVETTSVILLE, AND WESTERN LOUDOUN COUNTY HOUSING MARKET DATA

There was an increase in total units sold in March, with 40 sold this month in Purcellville, Lovettsville, and Western Loudoun County Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 4 units or 4%. The total number of active inventory this March was 104 compared to 100 in March 2024. This month's total of 104 is higher than the previous month's total supply of available inventory of 93, an increase of 12%.

Last March, the median sale price for Purcellville, Lovettsville, and Western Loudoun County Homes was $850,000. This March, the median sale price was $922,500, an increase of 9% or $72,500 compared to last year. The current median sold price is 3% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 2.6 months of supply available in Purcellville, Lovettsville, and Western Loudoun County, compared to 2.2 in March 2024. That is an increase of 17% 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.

This month there were 82 homes newly listed for sale in Purcellville, Lovettsville, and Western Loudoun County compared to 71 in March 2024, an increase of 15%. There were 54 current contracts pending sale this March compared to 43 a year ago. The number of current contracts is 26% higher than last March.

In March, the average sale price in Purcellville, Lovettsville, and Western Loudoun County was 101.9% of the average list price, which is 1.3% higher than at this time last year.

This month, the average number of days on market was 17, lower than the average last year, which was 24, a decrease of 29%.





FOCUS ON: PURCELLVILLE, LOVETTSVILLE, AND WESTERN LOUDOUN COUNTY HOUSING MARKET			MARCH 2025

Zip Code(s): 20180, 20129, 20197, 20132, 20158, 20141 and 20135
Units Sold 40	Active Inventory 104	Median Sale Price $922,500	Days On Market 17

Down -11% Vs. Year Ago	Up 4% Vs. Year Ago	Up 9% Vs. Year Ago	Down -29% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 40 sold this month in Purcellville, Lovettsville, and Western Loudoun County Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 4 units or 4%. The total number of active inventory this March was 104 compared to 100 in March 2024. This month's total of 104 is higher than the previous month's total supply of available inventory of 93, an increase of 12%.
		Median Sale Price Last March, the median sale price for Purcellville, Lovettsville, and Western Loudoun County Homes was $850,000. This March, the median sale price was $922,500, an increase of 9% or $72,500 compared to last year. The current median sold price is 3% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 82	Current Contracts 54	Sold Vs. List Price 101.9%	Months of Supply 2.6

Up 15% Vs. Year Ago	Up 26% Vs. Year Ago	Up 1.3% Vs. Year Ago	Up 17% Vs. Year Ago


		Months of Supply In March, there was 2.6 months of supply available in Purcellville, Lovettsville, and Western Loudoun County, compared to 2.2 in March 2024. That is an increase of 17% 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.
New Listings & Current Contracts This month there were 82 homes newly listed for sale in Purcellville, Lovettsville, and Western Loudoun County compared to 71 in March 2024, an increase of 15%. There were 54 current contracts pending sale this March compared to 43 a year ago. The number of current contracts is 26% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Purcellville, Lovettsville, and Western Loudoun County was 101.9% of the average list price, which is 1.3% higher than at this time last year. Days on Market This month, the average number of days on market was 17, lower than the average last year, which was 24, a decrease of 29%.


	Purcellville, Lovettsville, and Western Loudoun County are defined as properties listed in zip code/s 20180, 20129, 20197, 20132, 20158, 20141 and 20135.
	*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.