The LoCo Real Estate Market Report

Ashburn, VA 20148

Single-Family Homes

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Ashburn, VA 20148

Sun Jul 14 2024
This week the median list price for Ashburn, VA 20148 is $1,199,900 with the market action index hovering around 57. This is less than last month's market action index of 61. Inventory has increased to 21. 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

Sun Jul 14 2024
This week the median list price for Ashburn, VA 20148 is $1,199,900 with the market action index hovering around 57. This is less than last month's market action index of 61. Inventory has increased to 21. 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 $1,199,900
Median Price of New Listings $1,212,500
Per Square Foot $283
Average Days on Market 52
Median Days on Market 21
Price Decreased 29%
Price Increased 10%
Relisted 5%
Inventory 21
Median Rent
Market Action 57
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
$1,799,980 5,922 1 - 2.5 acres 5 4.5 10 0 1 21
$1,275,000 5,000 6,500 - 8,000 sqft 5 4.5 14 2 0 14
$1,169,990 4,150 6,500 - 8,000 sqft 4 4.5 13 2 3 7
$957,490 3,348 4,500 - 6,500 sqft 3 3.5 0 0 1 59