Home Prices in River Creek Leesburg for October 2012

Home Prices for River Creek Leesburg for October 2012

Real estate market data for River Creek Leesburg VA provided by Barry Harlowe of Loudoun County Living LLC .

River Creek Home Prices

Home prices in River Creek have increased a modest 0.8% over the past 12 months and I expect this trend to continue into the new year. Currently the average list price for single family homes is $888,322 and the average sold price is$810,000 . This represents an approximately 92% of the original listing price to sold price for homes in River Creek. Because there is such a wide range for list to final sold price for homes in River Creek it is very important that anyone looking to purchase or sell a home in River Creek have an experienced agent help them to ensure that they know what the current market value for properties in River Creek is, and to guide them through the negotiation process.

River Creek Real Estate Report Summary

Single Family Homes for Sale

There are Currently 9 active single family listing in River Creek with a list price rang from a low of $699,000 to a high of $1,285,900.  The average market days for active listings is 64. There are 2 pending sales with a low list price of $661,100 and a high of $1,700,000. The average marketing day for pending sales is 17. There was one single family home sold in October compared to three in the month of September.

Town Houses for Sale

There are currently 11 active town houses listed for sale in River Creek with a list price range from low if $425,000 to a high 0f $1,200,000. The average days on market for active listings is 54. There are currently 2 pending sales with a low list price of $550,000 and a high of $607,000. The average marketing days for pending sales is 67 days. There was 1 closed sale for the month of October compared to 2 for the month of September.

The current market in River Creek has continued to slowly improve over the last month. The drop in the number of closed and pending sales is consistent with the regular seasonal changes in the real estate market as the end of the year and the holiday season approaches. When compared to Year-Over-Year numbers the home sales numbers for River Creek are improving. Over all the community remains one of the most desired gated communities in Loudoun County. However, as with most of the higher end market in Loudoun County sale are lagging behind the lower price points. Over all the real estate market in Loudoun County continues to improve across the board for all property types.

Find a Home in River Creek Leesburg, Va

For more information on homes for sale in River Creek or community information visit my web site. You can also set up notifications for newly listed homes.

To find out what your home is worth in the current market email or call me at 703-831-7653

 

 

About Barry

Keller Williams Reston/Herndon
11700 Plaza America Drive
Reston VA 20192
Keller Williams Leesburg
50 Catoctin Circle NE #101
Leesburg VA 20176
Licensed in Virginia

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