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The First Quarter

by Jim Stakem 4/10/2009

loudoun county, ashburn, leesburg, potomac falls, sterling, purcellville, south riding, lovettsville, hamilton, middleburg, chantilly, reston

It feels like a football game! We have made it through the first quarter and we are a little bit ahead, but there is a long way to go until the end! In the areas that I currently survey (Leesburg, Ashburn and Sterling) business has continued to pick up! We have had a 9% increase in the number of sold properties (1145) and we have 40 properties under contract over $700,000! These are both positive signs. The number of sales would be good in any market and if properties begin to sell across the entire price range we will have a solid market once again!