Remember how back in April I was writing about how it was slim pickin’s for homebuyers in Ashburn? Yup, that has changed, and dramatically. Since the first time homebuyer tax credit ended on April 30th, our inventory has risen tremendously…there are now more than twice as many homes on the market. Now that we don’t [...]
Continue reading about What a Difference, Three Months Later…
The rush is over…to take advantage of the first time homebuyer tax credit, you needed to be under contract to purchase by the end of last month. Since the Loudoun County real estate market got really busy starting at the beginning of the credit, I had a feeling that we’d see some dramatic changes once [...]
I’ve been looking at inventory numbers this week for all of Loudoun County, Leesburg, and western LoCo. Nowhere is the dropoff in available homes for sale more dramatic than in Ashburn. Take a look at this! (Keep in mind that the condo chart includes townhomes, too.) Wow. Do you think that first time homebuyer tax [...]
We haven’t looked at stats tables for Ashburn in a while, so let’s see what happened with the market last week while we had a whole bunch of snow on the ground: 90-day stats for Single Family properties inASHBURN, VA as of August 27, 2010Median List Price:$589,149Average List Price:$645,781Total Inventory:311Price per Square Foot:$155Average Home Size:3,947Median [...]
The spring market is due to start any moment here, just as soon as anyone can dig out from under all of this snow and start selling houses…so let’s take a peek at where the median price is for the different zip codes in Ashburn (keep in mind that condos really means condos and townhomes)… [...]
Single Family Homes 90-day stats for Single Family properties inASHBURN, VA as of August 27, 2010Median List Price:$589,149Average List Price:$645,781Total Inventory:311Price per Square Foot:$155Average Home Size:3,947Median Lot Size:10,270Average # Beds:4.36Average # Baths:3.79Homes Absorbed:27Newly Listed:15Days on Market:106Average Age:8 Condos and Townhomes 90-day stats for Condo properties inASHBURN, VA as of August 27, 2010Median List Price:$318,743Average List [...]
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 [...]
Continue reading about Heading Into Fall, and Still Bustling
Most of the time, when I pull up the statistics for a town or zip code, I can look at different types of statistics and see how they are working in conjunction with each other, and it meshes with what I am seeing in the marketplace. I have to say, though, that when I look [...]
Pretty easy to see from that graph that single family home inventory is still dropping like a rock in Ashburn right now. Homes absorbed is still outpacing homes listed…a grand total of 14 single family homes came on market last week in all of Ashburn. Still feel like a buyers’ market? I hear agents in [...]
It’s the end of July and the Ashburn real estate market continues to roll right along nice and strong. Inventory levels are low, and multiple offers are the norm in most of the lower price points (although the multiple offers aren’t causing price run-ups like what we saw in 2004 and 2005.) The statistics below [...]
