Real Estate Facts and Figures: The Q4:2021-Q4:2020 Market Report

Peter Leonard-Morgan
Feb 11, 2022
1 min read

The local, and in fact national real estate market has seen record upward movement in sales prices and volume since the start of the COVID-19 pandemic.

DAAR Loudoun County Housing Report Q42021-Q42020 — Courtesy of the Dulles Area Association of Realtors

Our market here in Loudoun County and Northern Virginia is no exception as recently released quarter 4 2021 versus the same period in 2020 reveal.

As we have all seen, inflation is at a 40 year high at 7.5% which is expected to decrease later in the year, but it's certainly a concern.

Interest rates are on the rise and indicators are that mortgage rates could be 1% higher than they are today by summer. That's relatively significant but would still be in the 4's, well well below what we were used to not so many years ago.

For the full market report, don't hesitate to give me a call, text or email for more information.

n.b. thanks to the Dulles Area Association of Realtors, of which I am a board member, for these well researched figures

Whether you are considering buying or selling in Western Loudoun, Great Falls, Middleburg, or beyond — or simply wish to stay informed about this remarkable market — I would be delighted to hear from you. Reach me directly at (443) 254-5530, or use the Contact Form on my website. My approach is straightforward: clients come first, always.