The LoCo Real Estate Market Report

Ashburn, VA 20147

Single-Family Homes

www.LoCoMusings.com



Ashburn, VA 20147

Tue Sep 28 2021
This week the median list price for Ashburn, VA 20147 is $874,000 with the market action index hovering around 88. This is less than last month's market action index of 91. Inventory has decreased to 10. 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 started cooling and prices have been flat for several weeks. Since 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 20147

Tue Sep 28 2021
This week the median list price for Ashburn, VA 20147 is $874,000 with the market action index hovering around 88. This is less than last month's market action index of 91. Inventory has decreased to 10. 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 started cooling and prices have been flat for several weeks. Since 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 $874,000
Median Price of New Listings $849,000
Per Square Foot $220
Average Days on Market 29
Median Days on Market 11
Price Decreased 20%
Price Increased 10%
Relisted 10%
Inventory 10
Median Rent $3,325
Market Action 88
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,260,000 6,114 0.25 - 0.5 acre 5 4 18 0 2 24
$912,450 4,731 8,000 - 10,000 sqft 4 4 16 1 2 0
$849,000 4,077 8,000 - 10,000 sqft 4 4 25 1 1 77
$740,000 2,775 6,500 - 8,000 sqft 4 2 26 1 1 7