Tag Archive for: Ashburn Real Estate

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 [...]

Ashburn, VA Market Report – 12/5/12

05 Dec
December 5, 2012 Wow, what a change 9 months makes! The Ashburn market is “Red Hot.”  The total sales volume year over year is up 27%, while sold units is down 22% which has created an increase in average sales of $26,000 over October, 2011.  This amazing market trend is being driven by the lowest interest rates in history, coupled by the lowest inventory in Northern Virginia in 5 years.  The re-sales and new home sales continue to surge upward. October 2012 October 2011 % change Total Sales Volume $48,846,591 $35,513,887 27% Sold units 85 110 -22% Avg. sold price $444,060 $417,810 6% Avg. DOM 43 83 -107% Pending contracts 204 119 72% Active listings 277 337 -17% Do you live in Ashburn Read more [...]

Ashburn, VA Market Report – 7/23/12

23 Jul
July 23, 2012 After a dismal start to 2012, Ashburn has shown a remarkable recovery in the 2nd quarter. Sold units have increased over 100% and median sales price well over 25%. This mirrors the same great stats for Loudoun County. Ashburn continues to be the benchmark for Loudoun County, producing over 35% of Loudoun County’s sales volume and maintaining a average sales price nearly 20% above the County's average. Read more [...]

Ashburn, VA Market Report – 6/5/12

05 Jun
June 5, 2012 As we move into the summer months, Northern Virginia, Loudoun County and Ashburn, continue to see record low inventories paired with historic low interest rates. Loudoun has experienced an increase of 20% total sales volume over March and Ashburn has seen a 38% increase. Great numbers definitely redefine the projections for the selling season. Read more [...]

Ashburn, VA Market Report – 2/15/12

15 Feb
February 15, 2012 When we last looked at Ashburn and Loudoun County in October we saw huge losses for the County and Ashburn. Now the news the news is much better. The County’s average sales price has recovered nicely and is now at $471,000. Read more [...]

Ashburn, VA Market Report – 12/6/11

06 Dec
December 6, 2011 Wow, when we last looked at Ashburn and Loudoun County in July we saw huge gains for the County and Ashburn. Now the news is not so good. Even though the average sales price continues to lead the County’s $391,485, sales volume has dropped 10% since October, 2010, the County has dropped 15%. Read more [...]

Ashburn, VA Market Report – 9/12/11

12 Sep
September 12, 2011 Wow, Ashburn leads the market in Loudoun County. Sales volume has a dramatic increase over June, 2010, the average sales price is 11% above that of Loudoun County’s $428,522 as well as being well above Northern Virginia’s average sales price of $439,728, while the number of active listings remains relatively stable. Read more [...]

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 Read more [...]

Ashburn, VA Market Report – 5/2/11

02 May
May 2, 2011 Now that the spring market is in full swing, there is a noticeable increase in new properties on the market as well an increase in properties going under since February. The most favorable part of these statistics is that even though the number of active listings has increased since last year the average sales price has also increase nearly 18% Read more [...]