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Exit Realty Talbot and Company Exit Realty Talbot and Company
44121 Harry Byrd Highway
Suite 205
Ashburn, VA 20147
Phone: (703) 771-8268
Fax: (703) 771-7935

Loudoun County Real Estate Market Statistics

The Market Activity Graph below shows the past 12-month history of the number of Active Listings, Pending Sales (Under Contract Homes) and Sold Listings in Loudoun County.  Follow the Lines with your Cursor for Monthly Numbers.

 

Loudoun County Median Sold Price and

Average Sold Price for the Past 12 Months

Average is the mean value of the dataset.  The Average Sales Price is the sum of the total sales dollar volume divided by the total number of units sold.  The Median Sales Price is the Sales Price at which half of all sales are above and half are the sales are below.  Sometimes the Median Sales Price is a better indication of the market than the Average Sales Price, especially when a few sales may distort the Average.  Example:  Ten sales are in an area. One was for $1,000,000 and nine were for $250,000.  The Average Sales Price would be $325,000 and the Median Sales Price would be $250,000.


 

Loudoun County Average Days on Market

for the Past 12 Months

Days on Market (DOM) - Days on Market is a calculation based upon the number of days a property is for sale.  It is calculated based upon the property and accumulates between listings.  Days on Market is calculated from the date when a property first comes on the market (list date) to the time it is taken off the market due to a sale (contract date) or off market condition (off market date).  If a property changes between Active and other statuses during the life of the listing(s), the cumulative on market time is tracked.

 

Loudoun County Average Sold Price to

Original List Price Ratio Statistics for the Past 12 Months

Average Sold Price to Original List Price Ratio - This represents the average of the ratios for the gross sales price to the original list price for individual listings.  Example scenario to help illustrate:

Listing A: List Price = 100,000; Sold Price = 90,000; Ratio = 90%
Listing B: List Price = 200,000; Sold Price = 150,000; Ratio = 75%
Listing C: List Price = 1,000,000; Sold Price = 700,000; Ratio = 70%

In this scenario, the SP to OLP Ratio is ((90+75+70)/3) = 78.3%.  To further clarify, we do not take the aggregate list price and divide by the aggregate OLP.

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