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 [...]
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 [...]
Ashburn Median Price Starts to Creep Up Median price is trending upwards across Ashburn, except for condo/townhomes in 20148, where median price has flattened. Inventory continues to remain low, and mostly flat since March. From what I have observed while doing business the last few weeks, the uptick in mortgage rates has slightly slowed the [...]
Continue reading about Prices Trend Up, Sellers Taking Notice
Well.. I knew I was having a difficult time locating available properties for buyers in Ashburn, and the current inventory numbers certainly support that. You can see an uptick between March and mid-May, which makes sense from a seasonal perspective, but it is so far off from the super-high inventory levels of last summer! You [...]
Continue reading about Market Staying Hot? Or Will Higher Interest Rates Douse It?
Welcome to Ashburn Market Stats! I have set up this blog in response to the requests of my blog readers at LoCoMusings.com, who wanted to see more statistical data for the Loudoun County real estate market. This site will delve a little deeper to look specifically at what is happening in the Ashburn area. If [...]
