The Dulles Area Association of Realtors® monthly market indicators report for April 2022 is now available, providing both a snapshot and further in depth detail in to our local real estate market.
Active listings are up significantly year over year (YoY) at 370 listings, or 33.6% more YoY, nevertheless new listings are 8% lower than the same time last year. The median list price continues to increase, 16.6% for the year to a new level of $682,496, however the median sold price is now at $720,000 compared to $610,000 in April 2021, based on 27.6% fewer sales YoY.
The latest Home Demand Index for the Washington DC region, researched and prepared by Bright MLS, can also be reviewed here.
This delightful Middleburg estate, about to hit the market, beautifully encapsulates why one would want to live in this idyllic part of the world. Hidden well away from the beaten track, off a traditional gravel road, the house and barn are sited on ten partially wooded acres and totally insulated from the noise of every day life, except for the sounds of wildlife.
The house was designed by well respected architect, William E. Poole and built by a local custom builder in 2000. Finishings are to a very high standard and touches such as an eighteenth and a nineteenth century manel, Brazilian Cherry hardwood floors and 10-foot ceilings on the main level make this a home where memories will be created for a lifetime.
Visit 21014Beaverdam.com to pour over the photo album, interactive floor plans and much more.
Peter has written for his local magazines, Country Zest & Style and Middleburg Life as their Wine contributor. He also enjoys writing blogs on interesting and pertinent real estate matters, so please follow!