Well, this point in the year is typically pretty quiet as schools open and fall sports begin. With the first time homebuyer tax credit set to expire the end of November, we see that the real estate market in Ashburn is still pretty busy!

7-day stats for Condo properties in

ASHBURN, VA as of September 18, 2009

Median List Price $299,888 Average List Price $297,536
Total Inventory 225 Price per Square Foot $155
Average Home Size 1,944 Median Lot Size n/a
Average # Beds 2.92 Average # Baths 3.25
Homes Absorbed 15 Newly Listed 22
Days on Market 124 Average Age 10

Keep in mind that when the chart says condo, it is actually condos and townhomes. You can see that homes absorbed is a little less than the number of homes newly listed, which means that the inventory expanded ever so slightly this week.

Median Price for homes in ASHBURN, VA All ZIP Codes

Median Price for homes in ASHBURN, VA All ZIP Codes as of September 18, 2009 is $299,888

Inventory for homes in ASHBURN, VA All ZIP Codes

Inventory for homes in ASHBURN, VA All ZIP Codes as of September 18, 2009 is 225

Pretty easy to see that prices are nice and flat (read: stable!) for detached homes as well as condos and townhomes. Inventory has climbed just a touch in the last couple of weeks. I\\\'ll be watching to see if this continues, or if this is just a blip on the charts. Specific questions about the market, or want more information? Just hit the Ask Heather button up in the top right!

Cheers,

Heather

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