The LoCo Real Estate Market Report

Ashburn, VA

Single-Family Homes

www.LoCoMusings.com



Ashburn, VA

Thu Sep 16 2021
This week the median list price for Ashburn, VA is $899,450 with the market action index hovering around 75. This is less than last month's market action index of 77. Inventory has decreased to 38. Click here to stay informed with the Ashburn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Ashburn, VA

Thu Sep 16 2021
This week the median list price for Ashburn, VA is $899,450 with the market action index hovering around 75. This is less than last month's market action index of 77. Inventory has decreased to 38. Click here to stay informed with the Ashburn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Ashburn market.
Median List Price $899,450
Median Price of New Listings $899,000
Per Square Foot $225
Average Days on Market 51
Median Days on Market 21
Price Decreased 21%
Price Increased 21%
Relisted 3%
Inventory 38
Median Rent $2,925
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,649,000 6,200 0.5 - 1 acre 5 5 14 2 1 35
$990,000 4,671 0.25 - 0.5 acre 4 3 18 2 1 14
$879,900 4,418 6,500 - 8,000 sqft 4 3 12 3 5 7
$816,490 3,622 0 - 4,500 sqft 4 2 0 2 4 42