Leesburg Real Estate Market Statistics – October 2008

Here are the October 2008 statistics for the Leesburg, Virginia real estate market. The statistics cover supply (new listings) and demand (solds). The statistics are broken down by the two Leesburg zip codes, 20175 and 20175.

Leesburg - 20175

The 20175 zip code includes areas such as Greenway Farm, Kincaid Forest, Woodlea Manor and Stratford…

   

The number of new listings in October '08 was slightly higher than in September '08, but slightly lower than in October '07. On a good-to-bad scale, it's about neutral.

The number of properties that sold (went under contract) in October '08 was slightly lower than the previous month, but was higher than the previous year. This is about neutral overall as well.

Leesburg – 20176

The 20176 zip code includes areas such as Potomac Station, Lansdowne, River Creek, Exeter and Sycamore Hill…

 

The number of new listings in October '08 was about the same as in September '08, but significantly lower than in October '07.

The number of properties that sold (went under contract) in October '08 was exactly the same as the previous month, but much higher than the previous year.

With new listings and buyer demand remaining the same as in the previous month, it's about neutral on the bad-to-good scale, but there has been a great improvement year-over-year.

Overall, the Leesburg real estate market is not showing as much of a September-to-October improvement as the Ashburn or Sterling real estate markets, it's continuing to show great year-over-year improvement.