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FOCUS ON: ASHBURN HOUSING MARKET |
MARCH 2025 |
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Zip Code(s): 20147 and 20146 |
Units Sold
63 |
Active Inventory
104 |
Median Sale Price
$773,254 |
Days On Market
9 |
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Up 24%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
Down -44%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 63 sold this month in Ashburn Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 19 units or 22%. The total number of active inventory this March was 104 compared to 85 in March 2024. This month's total of 104 is higher than the previous month's total supply of available inventory of 96, an increase of 8%.
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Median Sale Price
Last March, the median sale price for Ashburn Homes was $705,000. This March, the median sale price was $773,254, an increase of 10% or $68,254 compared to last year. The current median sold price is 1% lower than in February.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
106 |
Current Contracts
77 |
Sold Vs. List Price
102.2% |
Months of Supply
1.7 |
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Up 13%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Up 1.3%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In March, there was 1.7 months of supply available in Ashburn. The amount of supply is similar compared to a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 106 homes newly listed for sale in Ashburn compared to 94 in March 2024, an increase of 13%. There were 77 current contracts pending sale this March compared to 78 a year ago. The number of current contracts is 1% lower than last March.
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Sale Price to List Price Ratio
In March, the average sale price in Ashburn was 102.2% of the average list price, which is 1.3% higher than at this time last year.
Days on Market
This month, the average number of days on market was 9, lower than the average last year, which was 16, a decrease of 44%.
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Ashburn are defined as properties listed in zip code/s 20147 and 20146. |
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |