Ashburn, VA Market Report – 8/3/11

03 Aug
August 3, 2011

Wow, Ashburn leads the market in Loudoun County.

Sales volume has a dramatic increase over June, 2010, the average sales price is up nearly 10%, and number of active listings remains relatively stable.

Let’s look at the stats for zip codes 20147 and 20148:

June 2010 June 2011 % Change
Total Sales Volume $68,310,030 $77,247,525 13%
Avg. Sold Price $440,710 $482,797 9.6%
Avg. DOM 38 55 45%
Active Listings 344 358 4%

All indications show that the Ashburn market will enjoy a steady increase in value.  The Ashburn market is one of the “hot beds” of new construction in Northern Virginia, with new single family and town homes leading the charge in the Brambleton area.

If you are considering selling your home, now is the time!  Choose from well known, reputable companies, interview 2 or 3 Realtors active in your market, and compare their marketing plans, internet exposure, and social media interaction.

Information obtained from statistics supplied by Metropolitan Regional Information Systems and analysis and comment by Jim Agnew, Managing Broker, Avery Hess, Realtors, Dulles-Westfields Regional Office, Centreville, VA 20120

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