The Long & Foster Market Minute

FOCUS ON: ASHBURN HOUSING MARKET MAY 2025

Zip Code(s): 20147 and 20146
Units Sold
90
Active Inventory
142
Median Sale Price
$732,385
Days On Market
16
Up 18%
Vs. Year Ago
Up 42%
Vs. Year Ago
No Change
Vs. Year Ago
Up 60%
Vs. Year Ago

Units Sold
There was an increase in total units sold in May, with 90 sold this month in Ashburn Real Estate versus 78 last month, an increase of 15%. This month's total units sold was higher than at this time last year, an increase of 18% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 42 units or 42%. The total number of active inventory this May was 142 compared to 100 in May 2024. This month's total of 142 is lower than the previous month's total supply of available inventory of 143, a decrease of 1%.

Median Sale Price
Last May, the median sale price for Ashburn Homes was $732,500. This May, the median sale price was $732,385, which is similar compared to a year ago. The current median sold price is 1% lower than in April.

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


New Listings
108
Current Contracts
85
Sold Vs. List Price
101.5%
Months of Supply
1.6
Down -14%
Vs. Year Ago
Down -21%
Vs. Year Ago
Down -1.1%
Vs. Year Ago
Up 20%
Vs. Year Ago

Months of Supply
In May, there was 1.6 months of supply available in Ashburn, compared to 1.3 in May 2024. That is an increase of 20% 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 108 homes newly listed for sale in Ashburn compared to 126 in May 2024, a decrease of 14%. There were 85 current contracts pending sale this May compared to 107 a year ago. The number of current contracts is 21% lower than last May.

Sale Price to List Price Ratio
In May, the average sale price in Ashburn was 101.5% of the average list price, which is 1.1% lower than at this time last year.

Days on Market
This month, the average number of days on market was 16, higher than the average last year, which was 10, an increase of 60%.

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.