The Loco Real Estate Market Report

Ashburn, VA

Single-Family Homes

Michael Elias www.LocoMusings.com



Ashburn, VA

Thu Nov 21 2019
This week the median list price for Ashburn, VA is $775,135 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 50. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Ashburn, VA

Thu Nov 21 2019
This week the median list price for Ashburn, VA is $775,135 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 50. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Ashburn market.
Median List Price $775,135
Per Square Foot $169
Days on Market 84
Price Decreased 52%
Price Increased 4%
Relisted 14%
Inventory 50
Median Rent $3,000
Most Expensive $1,299,000
Least Expensive $559,900
Market Action 50
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$957,450 5,978 0.25 - 0.5 acre 4 4 10 1 1 86
$824,500 4,921 0.25 - 0.5 acre 5 4 16 1 2 79
$743,000 4,334 6,500 - 8,000 sqft 4 3 7 0 1 89
$673,900 3,397 6,500 - 8,000 sqft 4 3 15 4 5 80