The housing market in Laudan County, Virginia, is now almost as hot as it is in Arlington, albeit with lower prices – which is why it is so hot to start.
The housing market in Laudan County, Virginia, is now almost as hot as in Arlington, albeit with lower prices. And that’s part of the reason.
Big houses, which are more affordable, attract potential buyers at a price from nearby suburbs.
“What they could afford in the Fairfax-Arlington-Alexandria area doesn’t quite get what they need,” said Casey Menish, a realtor with Pearson Smith Realty in Ashburn and a member of the Northern Virginia Association of Realtors.
“So they’re looking a little further in Laudan County to find something where prices are a little more affordable, but they can find the right space.”
Laudan County is not the relative deal it was a few years ago. The average price of a single-family home sold in Ludun in January was a record $ 860,000. According to information, the market in Ludun is only one week listing service Bright MLS. And last month, sellers received an average of 102% of the list price.
Loudoun County can also be attractive because of the choice for buyers looking for new homes.
“There’s so much new construction that’s still under construction,” Menish said. “I would say most of the houses in Laudan County have been built in the last 20 years or so, and there are no real signs of slowing down.”
In fact there are two counties of Laudan; Suburban Eastern District of Laudan and Bucolic Western District of Laudan. And there buyers can find homes that also go with the land.
“People who usually look in this suburb, the eastern district of Laudan, like East Lisburg, are even looking a little further, like Purcellville, Round Hill, Hillsboro, just to get a little more space. Buy a horse if they want, or at least give the dog they captured during the pandemic to run, ”Menish said.
According to Bright MLS, in all types of homes in Laudan County, the average selling price in the county in January was $ 585,000, up 7% from a year ago and 18.2% from 2020.
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