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Ashburn Real Estate Market Update Town Homes & Attached Homes

Market Update as of October 18th 2007 for Ashburn:

Available Town Homes and Attached Homes Inventory = 280 homes.

Price Range for Ashburn = Low price: $279,900 - Ashburn Farm (foreclosure). High price: $599,900 - Belmont Country Club.

New contracts average per month = 67.

Current absorption rate or average length an Ashburn attached home stays on the market is just under 3 months. Town homes and attached homes are selling 45 days faster than single family homes in Ashburn.

Average length of time on the market as of October 16th 2007 for town homes and attached homes in Ashburn:

Ashburn Farm = 4 ¾ months

Ashburn Village = 4 ¼ months

Belmont Country Club = 2 1/3 months

Brambleton = 4 months

Broadlands = 2 ½ months

Farmwell Station = 2 ½ months

Faulkner's Landing = 9 months

Loudoun Parkway West = 4 ½ months

Loudoun Valley Villages = 2.0 months

No sales were reported in the past 30 days in The Ridges at Ashburn, Riverside Village at University Center, or at University Center.

If you would like to know specific details about homes in your neighborhood check out the free MLS search on my website @ http://www.realestate777.com/. Or feel free to contact me (Jamie Casamento) at 703-728-7060.

Posted Thursday Oct 18