So how long does it really take to sell a home in Ashburn right now? Take a peek at the stats from this week and see for yourself...
| 7-day stats for Condo properties in ASHBURN, VA20147 as of October 23, 2009 |
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|---|---|---|---|
| Median List Price | $275,450 | Average List Price | $280,470 |
| Total Inventory | 152 | Price per Square Foot | $155 |
| Average Home Size | 1,712 | Median Lot Size | n/a |
| Average # Beds | 2.84 | Average # Baths | 3.16 |
| Homes Absorbed | 10 | Newly Listed | 10 |
| Days on Market | 121 | Average Age | 12 |
This table shows condos and townhomes (combined stats) for 20147. Homes are still being absorbed at the same rate that they are going on market.
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Average Days on Market for homes in ASHBURN, VA 20147 as of Oct. 23, 2009 is 121 |
Right now, it takes about 60 days longer to sell a single family home than it does a townhome or condo. Personally, though, I think that the numbers we see here are not really indicative of what is happening in the market. The short sales (due to the length of time that they show as active, even while offers are pending) are skewing the numbers. I am seeing traditional sales take far less time than 120 or 180 days to go under contract.
Cheers,
Heather
Tags: 20147, Ashburn, Days on Market
