The Calvery Connection

FEBRUARY 2025

🏡 Loudoun County Real Estate Market Report 📊

Loudoun County reveals a slight decline in median sale prices for both detached and attached homes. Detached homes had a median price of $1,062,293, a 3.7% decrease, while attached homes were priced at $599,769, a 4.7% drop. Homes are moving quickly, with an average of 28 days on the market, which represents a 55.6% increase from the previous year. Active listings surged by 23.9%, reaching 394, but sold listings saw a significant drop, down by 32.5% to just 260. The sale price to list price ratio remains strong at 99.6%, only a slight decrease of 0.4%.

🏡 Fairfax County Real Estate Market Report 📊

Fairfax County reveals a median sale price of $1,247,392 for detached homes, reflecting a 3.4% increase from the previous period. Attached homes show a more modest price rise, with a median of $556,727, up by 0.4%. The average days on the market (DOM) has lengthened to 28 days, marking a 12% increase, while active listings have risen by 17.5% to 806. The sale price to list price ratio is at 99.3%, a slight increase of 0.2%, indicating strong competition in the market. However, sold listings have dropped significantly, with only 560 homes sold, a decrease of 33.7%.

🏡 Howard County Real Estate Market Report 📊

Howard County shows strong growth in detached home prices, with a median sale price of $851,074, an 8.5% increase. Attached homes also experienced an upward trend, with a median price of $473,930, marking a 1.7% rise. Homes are spending an average of 26 days on the market, an increase of 8.3% compared to the previous year. Active listings have grown by 10.8%, bringing the total to 195, while the sale price to list price ratio sits at 98.5%. However, sold listings are down significantly, with just 155 homes sold, representing a 33% decrease.

Three Predictions for Virginia’s Housing Market in 2025

Virginia’s housing market in 2024 was marked by a slight uptick from the slowdown in 2023. Home sales activity increased modestly despite high mortgage rates. The additional sales were mostly driven by rising inventory. As we head into 2025, let us look at what could be on the horizon in the housing market this year.

Valentine's Chocolate-Dipping and Wine-Sipping

Join us for a unique way to celebrate Valentine’s Day! Bring a friend, your sweetheart, or just treat yourself to learning the art of hand-rolling delectable chocolate truffles while discovering more about the plant from which chocolate is made.

FRESHFARM Year-Round Reston Farmers Market

The Reston Farmers Market is located in the parking lot of the St John Neumann Church, and offers a bountiful variety of fresh fruits and vegetables, as well as decadent charcuterie, and sausages, fresh bread, and prepared food! A simply charming way to pick up groceries on a Wednesday afternoon.

Your Closings are SAFE with us

Vesta is committed to providing home buyers and sellers, real estate agents and lenders the highest level of professionalism and dedicated service. We are an agile boutique title company that emphasizes proactive customer service and communication. We are able to respond quickly to the changing needs of the industry and keep all parties informed every step of the way. Vesta offers a full range of settlement services and we strive to process your transaction efficiently and with purpose.

Virginia Black History Month Association (VaBHMA) – Virginia

VaBHMA is a nonprofit organization that provides education and hosts family-centered social events to celebrate African American history during February and throughout the year. They offer scholarships and monetary awards to deserving students based on their creative, academic, and writing abilities. Donations help fund these scholarships and support their annual gala.

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My e-mail address is:
Shannon@ShannonCalvery.com

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