February 2015 Ashburn Real Estate Report Shows Increase In Sales

Dated: March 12 2015

Views: 819

In Ashburn, VA, the median sold price for Attached/Townhouseproperties for February was $405,500, representing an increase of9.9% compared to last month and an increase of 0.7% from Feb2014. The average days on market for units sold in February was 67days, 5% above the 5-year February average of 64 days. There wasa 3.2% month over month increase in new contract activity with 65New Pendings; a 5.9% MoM increase in All Pendings (new contracts+ contracts carried over from January) to 90; and a 5.3% increase insupply to 159 active units.

Image title

In Ashburn, VA, the median sold price for Detached properties forFebruary was $657,500, representing an increase of 5.6% comparedto last month and an increase of 8.5% from Feb 2014. The averagedays on market for units sold in February was 69 days, 3% below the5-year February average of 71 days. There was a 10% month overmonth increase in new contract activity with 55 New Pendings; a31.9% MoM increase in All Pendings (new contracts + contractscarried over from January) to 95; and a 1.4% increase in supply to215 active units. 

Blog author image

Seon Kang

I know how difficult it is to find the right home where you and your family will feel comfortable and create lasting memories. I've lived in Northern Virginia for more than 30 years, and continually a....

Latest Blog Posts

6019 Popes Creek Pl Haymarket Va 20169 Is Sold In 4 Days

Don't get discourage about moving because of the cold weather. This time of the year is usually is the best time to get the best deal of the homes. There are less competition between the buyers and

Read More

4727 GROVES LN FAIRFAX VA 22030 Is For Sale

NO HOA!!! Well immaculate home in Heart of Fairfax. 4 Bedrooms and 4.5 Bathrooms.  Total renovated and remodeled home sitting on a  flat landscape on 0.73 lot.  Walk into 2-story Open

Read More

13412 Classic Ct Woodbridge VA Is For Sale

No HOA!!! A beautiful single family home in Heart of Woodbrige, VA.  Total finished 3794 square footage. Beautifully finished Brick front home sitting on the quiet Cul-de-sac community. 2 story

Read More

15105 TOCCOA CT GAINESVILLE VA 20155 Is For Sale

15105 TOCCOA CT , GAINESVILLE, VA 20155 Is For Sale.  A Beautiful home sitting on a beautiful lot is ready for you to move in. Walking into a double story foyer shows off Well lit by the

Read More