As of September 3, 2008, there are 410 active residential listings in Ashburn and the average number of days on market is 135. List prices range from $144,900 to $1,690,000; the average list price is $507,761 and the median list price is $459,995. The current market absorption rate is 3.83.
107 residential sales in Ashburn closed during the month of August 2008 (down from 120 sales closed in July). These sales ranged in price from $145,000 to $785,000.
The average list price was $413,466 (down from $454,121 in July) and the average net sales price (less seller concessions) was $400,756 (down from $434,608 in July).
The median list price was $385,000 (down from $407,950 in July) and the median net sales price was $371,000 (down from $385,575 in July).
For sales closed in August, the number of days on market ranged from 0 to 691 and average number days on market was 86 (up from 84 in July).
Check my web site for graphs depicting historical home sale data and a list of recent home sales in Ashburn. Click on "About Ashburn."
For more information regarding these statistics, please feel free to contact me directly, either by phone or email.
Want to know what your home is worth? Contact me for a free, no-obligation Home Valuation Report!
(Source: Metropolitan Regional Information Systems, Inc. (MRIS) 2008 - Information deemed reliable, but not guaranteed.)
ZIP Codes: 20147, 20148 Location Characteristics: Located 30 miles west of Washington, DC in Loudoun County, Ashburn is home to many planned unit developments including Ashburn Village, Ashburn Farm, Broadlands, Farmwell Hunt and the gated golf course community of Belmont Country Club. Ashburn is home to the Washington Redskins as well as a diverse group of business such as Verizon, Howard Hughes Medical Institute at Janelia Farm, and Old Dominion Brewing Company. The planned World Trade Center at One Loudoun, a mixed-use project including office space, a luxury hotel, retail business and residential neighborhoods, promises to bring as many as 14,000 new jobs to the region. Ashburn's convenient location provides direct access to Dulles International Airport and downtown DC via the Dulles Greenway, Route 7 and Route 28.
About Glenda Cherry:
Full-time, licensed Real Estate Agent National Sales Award (Top 5% Nationwide) Accredited Buyer Representative (ABR) e-PRO Internet Professional (e-PRO) Seniors Real Estate Specialist (SRES) Weichert, Realtors Relocation Specialist Weichert, Realtors Rental Certification Certification of Completion—Relocation 101—Assisting Consumers with Corporate-Sponsored Moves (Worldwide ERC Training Institute) Member, National Association of Realtors, Virginia Association of Realtors, Northern Virginia Association of Realtors Over 20 years of management and technology experience.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
