Leesburg Real Estate Market Conditions & Reports, Leesburg Market Trends, Virginia

Market Commentary Provided by Roy Melloni
Leesburg celebrated its 250th anniversary with a big birthday bash on the Town Green Septemeber 2008. Come to Leesburg and discover its 250 years of rich history!

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Roy Melloni
Exit Realty Talbot and Company
Ashburn, Virginia
703-863-0077
RMelloni@ExitRealtyTalbot.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$400,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Leesburg is

Seller Activity for the past 90 days in Leesburg is

Is Financing Available For Qualified Buyers in Leesburg?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Population Growth

Average Sold Price

$400,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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