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Zillow’s Quarterly Home Value Report For Loudoun County

March 5, 2008 by Danilo Bogdanovic  
Filed under Statistics

Zillow just released their Quarterly Home Value Report for the Washington, DC metro area, including Loudoun County. It’s interesting to compare this to other reports regarding the Washington, DC metroa area as a whole, as well as 2008 assessments from the Loudoun County Assessor’s Office, which may have used a variety of methods to calculate values.

4th Quarter 2007 (October-December 2007)

County Home Type "Zindex" Quarter over Quarter Change Year over Year Change 5 Year Annualized Change 10 Year Annualized Change
Loudoun County All Homes $418,022 -6.6% -11.1% 5.1% 8.1%
Loudoun  Average Home $330,393 -8.8% -10.7% 5.4% 7.9%
Loudoun Single Family Residence $440,777 -6.2% -10.6% 4.9% 7.8%
Loudoun Single Family Residence, Small Size $311,992 -7.2% -8.8% 6.1% 8.8%
Loudoun Single Family Residence, Medium Size $343,888 -7.3% -10.1% 6.1% 8.2%
Loudoun Single Family Residence, Large Size $514,764 -5.8% -6.7% 5.1% 7.8%
Loudoun Single Family Residence, Extra Large Size $768,953 -4.9% -2.8% 4.0% 6.1%
Loudoun Condominium $266,226 -8.5% -14.2% 7.9% 10.1%
Loudoun Condominium, Small Size $199,393 -7.0% -9.3% 10.0% 10.4%
Loudoun Condominium, Medium Size $264,137 -6.5% -9.8% 7.5% 9.9%
Loudoun Condominium, Large Size $424,590 -6.7% -13.5% 4.8% 6.6%

Related Articles:

Loudoun County Market Values – Leesburg Statistics

Loudoun County Market Values – Sterling Statistics

Loudoun County Market Values – Ashburn Statistics

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Comments

3 Comments on "Zillow’s Quarterly Home Value Report For Loudoun County"

  1. Cascaded on Wed, 5th Mar 2008 8:46 am 

    Do townhomes fall under the “condominium, medium size” or “condominium, large size” categories?

  2. Tony Arko on Wed, 5th Mar 2008 8:53 am 

    Townhouses do not fall under any of the condominium categories. They are in the single family categories and are placed in sub-categories based on square footage of living space.

  3. Amanda Hoffman on Thu, 6th Mar 2008 12:19 pm 

    Hi, it’s Amanda from Zillow. Glad you found our Q4 reports useful. Let me know if you have any questions, and keep an eye out for our Q1 reports coming out in May. Cheers.

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