February 2015 Ashburn Real Estate Report Shows Increase In Sales

Dated: 03/12/2015

Views: 787

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.

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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. 

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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 25 years, and continually a....

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