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Real Estate

[HIDDEN GEMS] Highest Appreciated Leesburg Neighborhoods

Why location matters. Check out the Leesburg neighborhoods with the highest annual appreciation! Is your neighborhood on the list?

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With low inventory of homes in Northern Virginia and high demand, home prices continue to rise and in some neighborhoods the home prices are exploding! Check out these hottest Leesburg neighborhoods with the biggest year over year median sold price increase over the past year. If you are thinking about selling your home and live in one of these neighborhoods, there are a ton of buyers ready to purchase! When you sell your home with substantial appreciation, you may qualify to exclude up to $250,000 of that capital gain from your taxes. This total increases to $500,000 if you file a joint return with your spouse!

In the past two years, 2761 properties have sold in Leesburg ranging from a 2-bed, 1-bath condo for $104,500 to a 5-bed, 5.5-bath detached for $2,850,000. Click here to sign up for my free monthly real estate market update to stay current on the latest real estate market trends in your neighborhood.

Hottest Leesburg Neighborhoods by Appreciation

In the past two years, a total of 2761 homes sold in Leesburg with a median sold price of $500,000 and median days on market of 12. These were the hottest Leesburg neighborhoods, where the 2019 median home sale price increased over the 2018 median home sale price.

Neighborhood:Riverview At Lansdowne Woods
Type:Condo
2019 Sold Price:$365,000
2018 Sold Price:$249,850
% Increase:46%
Neighborhood:Beacon Hill
Type:Detached
2019 Sold Price:$1,125,000
2018 Sold Price:$902,500
% Increase:25%
Neighborhood:Lansdowne Woods
Type:Condo
2019 Sold Price:$345,000
2018 Sold Price:$275,000
% Increase:25%
Neighborhood:Country Club Green Condo
Type:Condo
2019 Sold Price:$190,000
2018 Sold Price:$155,250
% Increase:22%
Neighborhood:Fox Chase/Exeter
Type:Condo
2019 Sold Price:$217,125
2018 Sold Price:$185,000
% Increase:17%
Neighborhood:Crestwood Hamlet
Type:Townhome
2019 Sold Price:$304,306
2018 Sold Price:$262,250
% Increase:16%
Neighborhood:Potomac Crossing
Type:Townhome
2019 Sold Price:$394,000
2018 Sold Price:$346,000
% Increase:14%
Neighborhood:Emerald Park Estates
Type:Detached
2019 Sold Price:$905,000
2018 Sold Price:$799,000
% Increase:13%
Neighborhood:Meadow Brook Farm
Type:Detached
2019 Sold Price:$793,150
2018 Sold Price:$702,473
% Increase:13%
Neighborhood:Linden Row Condominium
Type:Townhome
2019 Sold Price:$352,500
2018 Sold Price:$313,000
% Increase:13%
Neighborhood:Silver Oaks
Type:Detached
2019 Sold Price:$340,000
2018 Sold Price:$300,950
% Increase:13%
Neighborhood:Prospect Hills
Type:Detached
2019 Sold Price:$420,000
2018 Sold Price:$375,000
% Increase:12%
Neighborhood:Carrvale
Type:Detached
2019 Sold Price:$435,000
2018 Sold Price:$390,000
% Increase:12%
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Neighborhood:Meadowbrook
Type:Detached
2019 Sold Price:$855,828
2018 Sold Price:$772,450
% Increase:11%
Neighborhood:Leesburg
Type:Detached
2019 Sold Price:$664,000
2018 Sold Price:$599,900
% Increase:11%
Neighborhood:Northlake
Type:Detached
2019 Sold Price:$750,000
2018 Sold Price:$680,000
% Increase:10%
Neighborhood:Beauregard Estates
Type:Detached
2019 Sold Price:$726,000
2018 Sold Price:$658,950
% Increase:10%
Neighborhood:Leesburg Gateway
Type:Condo
2019 Sold Price:$223,400
2018 Sold Price:$202,500
% Increase:10%
Neighborhood:Potomac Crossing
Type:Detached
2019 Sold Price:$580,000
2018 Sold Price:$533,500
% Increase:9%
Neighborhood:Exeter
Type:Detached
2019 Sold Price:$530,000
2018 Sold Price:$485,000
% Increase:9%
Neighborhood:Loudoun Hills
Type:Townhome
2019 Sold Price:$312,000
2018 Sold Price:$285,000
% Increase:9%
Neighborhood:Red Cedar South Village
Type:Detached
2019 Sold Price:$790,000
2018 Sold Price:$729,500
% Increase:8%
Neighborhood:Edwards Landing
Type:Townhome
2019 Sold Price:$458,500
2018 Sold Price:$425,600
% Increase:8%
Neighborhood:Heritage Square
Type:Townhome
2019 Sold Price:$205,000
2018 Sold Price:$190,000
% Increase:8%
Neighborhood:Waterford
Type:Detached
2019 Sold Price:$775,000
2018 Sold Price:$721,695
% Increase:7%
How Much is my Vienna Home Worth?

Annual Appreciation for the Northern Virginia Cities

Northern Virginia remains one of the hottest real estate markets in the country with low inventory, low days on market and rising sales prices. The table below compares the median sales price for the for first 11 months of sales for 2018 against 2019 to show the appreciation for some of the most popular Northern Virginia neighborhoods. The cities of Arlington and Falls Church both experienced tremendous year over year increases in the median sales price. In this hot real estate market, this presents an incredible opportunity to sell your home quickly for top dollar!

Find out what's happening in Leesburgfor free with the latest updates from Patch.

City2019 Sold Price (MED)2018 Sold Price (MED)% Change
Alexandria$500,000$487,5003%
Annandale$555,500$534,9004%
Arlington$606,000$555,0009%
Ashburn$525,000$504,0004%
Centreville$415,000$392,0006%
Chantilly$510,000$507,4501%
Dumfries$385,000$360,0007%
Fairfax$540,000$534,6671%
Falls Church$578,005$535,0008%
Fredericksburg$304,250$290,0005%
Herndon$530,000$511,2504%
Leesburg$505,000$495,0002%
Manassas$355,000$335,0006%
McLean$940,000$905,0004%
Reston$440,000$425,0004%
Springfield$510,000$475,0007%
Sterling$420,000$415,0001%
Vienna$784,250$778,5001%
Woodbridge$337,500$324,0004%

About Peggy Yee

Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $180 million in sales and was one of Northern Virginia Magazine's Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don't just take our word...Click here to see what Peggy's past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you'll understand why she is one of the top real estate agents in Leesburg with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.

* Data Source: BrightMLS and SmartCharts. Information deemed reliable but not guaranteed.

Find out what's happening in Leesburgfor free with the latest updates from Patch.

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