New Homes in Loudoun County, Virginia, Buyer REBATE

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PURCELLVILLE REAL ESTATE, LOUDOUN COUNTY, VIRGINIA - A MARKET REPORT

PURCELLVILLE, VIRGINIA HOMES, FARMS, HORSES, SHOPPING AND A BIT OF HISTORY

Located just west of Leesburg, off Route 7, heavy with historical influences, Purcellville homes are in demand
by Loudoun County home buyers looking for a quiet place to live with conveniences, popular public schools and a fantastic view of The Blue Ridge Mountain Range.  Settled in the mid 1700s Purcellville grew with the growth of the railroad bringing commerce to Purcellville and carrying good out.  Transportation has always been central to the growth of Purcellville and the surrounding areas of Loudoun County.

LOCATION, LOCATION, LOCATION - A lovely rural area in view of the mountain range to the west and rich with pastures for horses and cattle, Purcellville is located in a critical location for families moving west from Leesburg.  Route 7 is the main route from Purcellville directly to Leesburg and only 5 miles from the Dulles Toll Road, put Purcellville within 20 minutes from the Dulles International Airport.  The Toll Road, Route 267 is also a direct route to Tysons Corner, Reston and the Washington Beltway and the prime employment centers in Northern Virginia.  Growth in Purcellville has been a phemonanal 6% over the past 5 years due to high technology employers along the Dulles Corridor.  


     Map Purcellville, Virginia Map Purcellville, VirginiaMap Loudoun County  Map Loudoun County, Virginia

Map of Purcellville, Virginia
 
PURCELLVILLE REAL ESTATE MARKET
Purcellville home sales were brisk for the last quarter of 2006.  A total of 65 homes sold representing 16 town homes (25%) and 49 single family town homes (75%).  Purcellville has a brisk town home market attracting first time home buyers and home buyers attracted to the lower average prices for town homes.  Single family detached homes ranged from small in-town homes in the $325,000 price range to the large estates sold for $1,000,000 to $1,400,000.

        Market Report for September 1, 2006 to December 31, 2006
           Minimum price $299,900
           Maximum price $1,400,000
           Average price sold in Purcellville 4th Qtr. 2006 - $630,432


        Home in Purcellville Virginia         Homes in Purcellville Virginia

        Homes in Purcellville representing the "average price range" of $650,000 on 1 to 2 acres.

ACTIVE HOMES FOR SALE IN PURCELLVILLE - JANUARY 2007 - 164 All Types
Active Listings - 144 Detached Homes Priced From $225,000 to $3,199,000
Active Listings - 12 Town Homes Priced From $315,000 to $440,000

NEW HOMES IN PURCELLVILLE, VIRGINIA - EXCITING, AVAILABLE AND PRICED RIGHT FOR NORTHERN VIRGINIA.  New homes in Purcellville are offered in for immediate occupancy and to-be built.  Builders offer homes in communities with an average 1/4 acre lot AND new homes on lots large enough for horses.  Loudoun County requires a minimum of 5 acres to keep horses. 

New Homes in Purcellville Virginia                 Horse properties in Purcellville

              NEW HOMES IN PURCELLVILLE                                                      FIVE ACRES REQUIRED FOR HORSES



PURCELLVILLE DEMOGRAPHICS
Average Income          $89,000
Population                      4,809
Land Area                       2.4 Square Miles
Growth Rate                    6.0% Annualized over 5 Years
Married                           64%
Married W/Children          46%
High School Graduates     89%
College Graduates             3%

Average Temperature
January High Temp   42 Degrees
January Low Temp    22 Degrees
July High Temp        88 Degrees
July Low Temp         64 Degrees


     Homefinders.com      Homesdatabase.com      Loudoun County Real Estate


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Comments

Lenn, lovely area. You make it sound very appealing. By the way, in case you missed my congrats ... good job on making the best blog for the year.
Posted by Gena Riede, Real Estate Broker Sacramento CA Real Estate (916) 417-2699 (Riede Real Estate, Lic. 01310792) over 3 years ago

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