Subdivision Analysis: Villages of Purcellville 2011 05

As of June 13, 2011, there were three active listings in the Villages of Purcellville community.  One is a short sale that has been on the market for nearly a year; the price was reduced from $305,000 to $295,000 in late May.  The average list price for the other two homes on the market is $416,900 and they’ve been active for an average of 68 days.  Both of the pending sales are short sales.  The average list price is $292,450 and they were on the market an average of 54 days.

Four homes have closed so far this year – one in January, one in February and two in April.  One was a short sale with a close price of $390,000.  Two non-distressed homes sold for $339,000 and one sold for $409,000.  Therefore, the median sales price is $339,000 and the average close price is $369,250.  These homes were active for an average of 68 days.

If now is the time for you to move, I would be honored to help you sell your home and/or answer any questions you may have about the real estate market here in Loudoun County. 

Plus, I’ve moved to Atoka Properties in the Bloom Shopping Center.  Please take a moment to visit me while you’re running errands here in town. Let’s chat about your house.

Look for my new column in The Purcellville Gazette:  “The Dirt on the Market”