The Long & Foster Market Minute

FOCUS ON: ASHBURN HOUSING MARKET APRIL 2025

Zip Code(s): 20147 and 20146
Units Sold
75
Active Inventory
125
Median Sale Price
$760,000
Days On Market
16
No Change
Vs. Year Ago
Up 34%
Vs. Year Ago
Up 19%
Vs. Year Ago
Up 7%
Vs. Year Ago

Units Sold
There was an increase in total units sold in April, with 75 sold this month in Ashburn Real Estate, an increase of 14%. This month's total units sold is similar compared to a year ago.

Active Inventory
Versus last year, the total number of homes available this month is higher by 32 units or 34%. The total number of active inventory this April was 125 compared to 93 in April 2024. This month's total of 125 is lower than the previous month's total supply of available inventory of 132, a decrease of 5%.

Median Sale Price
Last April, the median sale price for Ashburn Homes was $640,000. This April, the median sale price was $760,000, an increase of 19% or $120,000 compared to last year. The current median sold price is 2% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
100
Current Contracts
94
Sold Vs. List Price
102.2%
Months of Supply
1.7
No Change
Vs. Year Ago
Up 16%
Vs. Year Ago
No Change
Vs. Year Ago
Up 35%
Vs. Year Ago

Months of Supply
In April, there was 1.7 months of supply available in Ashburn, compared to 1.2 in April 2024. That is an increase of 34% versus 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.

New Listings & Current Contracts
This month there were 100 homes newly listed for sale in Ashburn, which is similar to the amount in April 2024. There were 94 current contracts pending sale this April compared to 81 a year ago. The number of current contracts is 16% higher than last April.

Sale Price to List Price Ratio
In April, the average sale price in Ashburn was 102.2% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 16, higher than the average last year, which was 15, an increase of 7%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.