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September 2018 was a busy month for home sales in Ashburn (20148), VA with 73 homes closing vs 62 in September of 2017, we are still having a strong market.

We still have very limited supply of homes only 158 active listings in Ashburn (20148), VA verses the average which is around 229 homes.  Low supply of homes is a sign to Sellers that it is a good time to sell your home with limited competition and low number of days on market.’

 

While sales are lower than they are in the Spring we still have a strong Fall market in Ashburn, 20148 with September, October and November still historically having a strong months.  One surprise for most Sellers is that February is historically a strong month for home sales in our area.  February is the true start to the “Spring Selling Market” annually.  If you are thinking of selling in Spring 2019 now is the time to start getting your home ready before the busy holiday season.  My team has an extensive plan that we have put together for our clients to help take the stress out of getting your home ready to sell and on the market for the start of the “Spring Selling Market.”  In post cases we can even sell your home prior to it hitting the market and remove the stress of daily showings of your home.  If you would like more info email me at Laura@e4realty.com or call me at 571-354-7325.

 

WOW it was a crazy Spring and Summer real estate market in Loudoun Co. We had low inventory and many homes were selling before they hit the market or less than 7 days with multiple offers. Buyers were chasing after Sellers in our area to get into homes.  July and August are generally considered the worst months to still have your home on the market, we did see a slow down in the real estate market similar to years past. Most Buyers had already purchased a home and are settling in before school starts, after PSCing to the area, or summer vacation is over.  Currently, the market has slowed down a bit which is good for Buyers, we seeing less bidding wars but we are seeing less inventory in years past.  Currently there is 1.9 months of inventory in Ashburn (20148), the last 5 year average is 3.6 months of inventory.   Similar story in Aldie (20105) currently there is 3.9 months of inventory, the last 5 year average is 6 months of inventory.  We have lots of Buyers looking but limited supply of homes for them to buy.


Did you know that our area has a strong Fall market?  While Spring is always the most popular time to sell with lots of Buyers in the market there is also lots of competition for Sellers.  Fall is a great time with still lots of Buyers in the market looking to buy a home due to life events, first time home buyers, relocation, renters with leases ending and government contractors moving to the area on new contracts.  We see Buyers looking to get into a home fast before the holidays and the snow season starts.  It could be a perfect time to get top dollar for your home with limited competition from other Sellers. If you are thinking of selling this Fall my team can help you with our stress free strategy to help you get top dollar for your home.
If you are thinking of selling in Spring 2019 perfect, I have been meeting with many Sellers in the past few weeks to lay out a plan to have them ready for the start of Spring Market.  Did you know that there are things that you can do now to get your home ready?  I have a top 10 list of things you need to do to be ready for Spring, contact me for a copy of that list.  I am often taking exterior photos in September for Spring listings to take advantage of the beautiful weather, gorgeous landscaping and green grass so the home shines in photos.  My Staging Team is also happy to set up a 6 month staging plan for your home so you are picture perfect come Spring and can take your time doing it piece by piece.
So where is the real estate market going?  It’s a mixed opinion right now.  Some experts are thinking that with interest rates rising we might see a decline in home sales, especially as prices are rising and some Buyers can’t afford homes or are taking out large mortgages to afford a home.  USA Today had an article showing that Economists think that 2020 we might see a recession like 2008. While some Economists are saying that the housing market will continue on the same trajectory for many years to come.   Another big unknown for Northern VA is if we will get the new Amazon HQ2 and if that will give our area an economic bump.  It is looking like we won’t know the fate of Amazon until the end of the year.  Don’t you wish we had a crystal ball to look into the future?
Buyers have been asking me if they should wait or buy a home now?  They don’t want to miss out on appreciation since home prices have been rising recently anywhere from 3-7% in our area, or they are afraid of buying at the height of the market with the possible threat of a looming recession.  While I can’t answer that question for them it is a personal one that is based on what is best for them now and in the future.  I think it is best to weigh all our options and talk to a few professionals to come to the best decision.  My best advice is sit down and make a 5 year plan to see what make the most sense.
If you have any questions about the real estate market or Loudoun Co real estate please reach out I would be happy to answer any of your questions.  I am constantly out in the area helping Buyers with re-sales and new construction homes, as well as helping Sellers with selling their home.  I have a lot of knowledge about our area and would be happy to assist you.  So please feel free to contact me, your local area expert, for any real estate needs and questions! We live here.  We work here.  We are here for you!
Want to know what your home is worth?  Check out my latest app with your home’s value. What’s my home worth?? 
Laura Griffin – Licensed Realtor in VA
Pearson Smith Realty
571.354.7325 – Cell
571.386.1075 – Office
Laura@e4realty.com
www.laurasellsloudoun.com
43777 Central Station Dr #390
Ashburn, VA 20147

For this episode of Model Home Model, I had the pleasure of viewing the Radcliffe Model by Winchester Homes in West Park at Brambleton.  The Radcliffe is a modern open concept floor plan without a formal sitting room or formal dinning room.  It features an generous foyer with walk in closet, office, powder room, large kitchen with eat in dinning over looking spacious family room, large walk in pantry and mud room with bonus closet.  I really think we are seeing formal living and dinning rooms going away in favor of more open concept living.  This model has a ton of well thought out closet space.

Large Open Kitchen with miles of counter tops!

Rare walk in pantry.

Spacious eating area off kitchen.

 

The second floor has an option 5th bedroom and third bath.  Winchester Homes put the laundry on the second floor which is a very popular option right now.  Most clients are really enjoying having the laundry on the same floor as their bedrooms.

 

Large Master Bedroom with dual master closets and luxury bath.

Large Secondary Bedroom.

Large Secondary Bedroom with walk in closet.

One of my favorite areas of the home with the basement.  I really thought that the spacing of the wet bar area and tv area.  The basement makes a great space for entertaining!  It had an open feel yet the basement had room to grow and well laid out space.

 

Basement Sitting Area.

Wetbar

Rec Room in Basement

West Park at Brambleton is centrally located near Madison’s Trust Elementary School, Brambleton Middle School and the future Independence High School.  It is minutes from the future Metro and major commuter routes as well as the Town Center.   If you would like more information contact me at Laura@e4realty.com or call me at 571-354-7325.

 

Check out my latest coming soon not in the MLS yet!  20818 Houseman Ter is a 2 car garage end unit townhome in Ashburn VA.  Features 4 bedrooms, 2 full baths, 2 half baths, upgraded kitchen with stainless steel appliances, and large fenced backyard with patio.  Minutes from schools, shopping, major commuter routes and future Metro!  This home will sell fast!

 

For more info call me at 571-354-7325 or email me at Laura@e4realty.com.  Link HERE for more info!

The official start of Fall is next week which means Winter isn’t too far behind.   On cold and raining days are you thinking about what to do with the kids?  Are your kids sad because they can’t go out and play?  I have put together a list of my top 7 places that we enjoy taking the kids to burn off a little energy on the bad weather days.  Also this is a great list of a few places if you are looking to book a birthday party for the kids.  Enjoy!

 

Top 7 indoor playgrounds in Loudoun Co!

Does it feel like suddenly we are getting a number of new Starbucks locations in Ashburn?  We are and I couldn’t be more excited about the new drive thru locations.  Ashburn has always just had one drive thru location in Ashburn Village next to Home Goods off Route 7.  A few months ago Ashburn’s second drive thru location was opened at One Loudoun just a few miles down the road.

Ashburn’s third location just opened early September near The Dulles Greenway off Loudoun Co Parkway.  But wait there’s more!  An additional fourth location will be opening in Ashburn Village near Farmwell Hunt off Waxpool in a few short months.

With four new drive thru Starbucks locations opening within months of each other it has me wondering how many more will be on the way?  One can only hope that the rumors of another one being built in Broadlands is true!  Only time will tell.

Fall is one of my favorite times of the year, I love cold nights and warm days.  With the weather changing in Loudoun Co it means it is Fall and also time to do some of my favorite Fall activities with the kids!   Madison and Brayden love going to pumpkin patches and going to corn mazes.  I have put together a few of my families favorite places.  What are some of your favorite places to take your kids for some Fall fun?