Northern Virginia Real Estate Market

Focus: Sterling Market
April 19th, 2011 11:19 AM

So what's been happening in Sterling?...

There were a total of 955 single family residential sales in the Sterling market in Loudoun County over the past 12 months. MLS data shows an average sold price of $338,214, up from an average sold price of $316,364 for the same period a year earlier. The sold price range was $80,000 - $1,065,000.  Days-on-market ranged from 0 -497 days with an average DOM of 45 days.  The average sold price as a percentage of the average original list price was 96%. 

The most recent 6 month period shows a total of 408 sales with a sold price range of $110,000 - $870,000 and a median sold price of $294,000, down a slight 1.5% year-over-year. The median days-on-market has been 36 days, up from a median of 12 days year-over-year.  The median sold price as a percentage of the median original list price has been 97%. 

The local Realtor MLS shows a total of 145 Active single family residential listings for sale in the Sterling market.  The price range is $170,000 - $2,399,999 with a median list price of $385,000 and a median days-on-market of 30 days.  The months supply of inventory stands at 1.8 months based on 12 month sales and 2.1 months based on the most recent 6 months sales.

The highest sales price based on MRIS data in the Sterling market over the most recent 6 month period goes to the property at 43483 Ogden Pl Sterling, VA 20166  with a sales price of $870.000 with a total days-on-market of 7 days.  The listing agent was Leslie Sidhu with PenFed Realty.  The Selling agent was Gary Green with Northern Virginia Homes.

Going back 12 months we have a high sold price of $1,065,000 for the property at 11345 Stonehouse Pl Sterling, VA 20165 with a total days-on-market of 7.  The listing agent was Sam Jacknin Green Dot Realty. The selling agent was Faye Favagehi with Prosperity Realty.

The highest list price of $1,999,999 currently goes to the property at 11367 Jackrabbit Ct Sterling, VA 20165   This property has been on the market for a total of 359 days. The listing agent is Roger Vasilliadis with RCV Real Estate.

The Sterling Community includes the following zip codes 20164, 20165, 20166   

Subdivisions within Sterling include: 

Broad Run Farms, Brooks, Cabin Branch Forest, Cardinal Glen, Cascades, Countryside, Dominion Station, Dominion View, Environs, Forest Ridge, Fox Creek, Fox Lee, Great Falls Chase, Grovewood, Hunington Ridge, Jefferson Village TH, Loudoun Valley Estates, Lowes Island, Mirror Ridge, Oak Tree, Old Sterl Gable, Park at Westerley, Parkside at Dulles, Peace Plantation, Pembrooke of Loudoun, Potomac Hunt, Potomac Lakes, Potomac Terrace, Providence, Providence Village, Richland ForestRiver Crest, Rolling Woods, Seneca Chase, Seneca Ridge, South Bank, Spring Grove Farm, Sterling Park, Sterling Park South Townhouses, Sugerland Run, Sugerland Square, Tall Oaks, Trailside, Westerley, Woodstone

Market Trends for Sterling:

We are Sterling Real Estate Appraisers!

We have appraisers in Sterling VA zip codes 20164, 20165, and 20166


Posted in:General
Posted by Erol Sevin on April 19th, 2011 11:19 AMPost a Comment

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