The LoCo Real Estate Market Report

Ashburn, VA 20148

Single-Family Homes

www.LoCoMusings.com



Ashburn, VA 20148

Thu Sep 16 2021
This week the median list price for Ashburn, VA 20148 is $894,450 with the market action index hovering around 59. This is an increase over last month's market action index of 56. Inventory has decreased to 24. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 20148

Thu Sep 16 2021
This week the median list price for Ashburn, VA 20148 is $894,450 with the market action index hovering around 59. This is an increase over last month's market action index of 56. Inventory has decreased to 24. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $894,450
Median Price of New Listings $847,166
Per Square Foot $242
Average Days on Market 67
Median Days on Market 35
Price Decreased 17%
Price Increased 25%
Relisted 0%
Inventory 24
Median Rent $2,800
Market Action 59
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,664,495 5,761 0.5 - 1 acre 5 5 0 0 1 154
$909,900 4,762 6,500 - 8,000 sqft 4 3 13 0 1 17
$857,268 3,239 4,500 - 6,500 sqft 4 3 7 1 3 7
$789,990 3,684 0 - 4,500 sqft 3 2 0 0 2 45