Tag Archive for: Ashburn Market Report

Ashburn, VA Market Report – 10/8/2013

08 Oct
October 8, 2013 The Ashburn “Red Hot” Market continues.  The total sales volume year over year is up 52%, while sold units are up 38%, and the average and the average sales price is up 10.5% . This amazing market trend is being driven by the increase in new home sales (similar to the one we experienced 3 years ago), coupled with historically low interest rates, and continued record low inventories in Northern Virginia. August 2012 August 2013 % change Total Sales Volume $54,546,492 $83,444,112 52% Sold units 120 166 38% Avg. sold price $454,554 $502,675 10.5% Avg. DOM 39 28 -28% Pending contracts 204 203 NC Active listings 285 305 -7% Do you live in Ashburn or are you considering selling? Now Read more [...]

Ashburn, VA Market Report – 6/26/13

26 Jun
June 26, 2013 20147 and 20148 The Ashburn market is “Red Hot!" The total sales volume year over year is up 63%, sold units are up 47%, and the average sales is up 11% - all year over year.  This amazing market trend is being driven by historically low interest rates, coupled with the lowest inventory in Northern Virginia in over 5 years.  There is less than a 30 day supply of homes in the Ashburn market.  The re-sales and new home sales continue to surge upward. May 2012 May 2013 % change Total Sales Volume $55,197,827 $90,342,015 63% Sold units 128 189 47% Avg. sold price $431,233 $478,000 11% Avg. DOM 43 30 -30% Pending contracts 208 224 7.6% Active listings 237 295 24% Do you live Read more [...]