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Glenda Cherry

Real Estate Market Conditions for Ashburn, Virginia

As of July 7, 2008, there are 471 active residential listings in Ashburn and the average number of days on market is 122. List prices range from $148,500 to $1,690,000; the average list price is $506,031 and the median list price is $429,000. The current market absorption rate is 3.99.

118 residential sales in Ashburn closed during the month of June 2008 (up from 99 sales closed in May). These sales ranged in price from $165,000 to $996,500.

The average list price was $472,896 (up from $417,341 in May) and the average net sales price (less seller concessions) was $453,294 (up from $402,830 in May).

The median list price was $447,200 (up from $379,990 in May) and the median net sales price was $420,750 (up from $366,903 in May).

For sales closed in June, the number of days on market ranged from 0 to 402 and average number days on market was 86 (down from 91 in May).

Homes Sold in Ashburn, Virginia - June 2008

Number of Closed Sales - Ashburn, Virginia

Average Days on Market - Ashburn, Virginia

Median vs. Average Sale Prices - Ashburn, Virginia

Real Estate Market Conditions for Leesburg, Virginia

As of July 7, 2008, there are 808 active residential listings in Leesburg and the average number of days on market is 157. The list prices range from $75,000 to $5,000,000; the average list price is $588,982 and the median list price is $457,725. The current market absorption rate is 6.21.

130 residential sales in Leesburg closed during the month of June 2008 (up from 93 sales closed in May). These sales ranged in price from $81,000 to $3,199,000.

The average list price was $492,851 (up from $412,972 in May) and the average net sales price (less seller concessions) was $461,373 (up from $391,909 in May).

The median list price was $381,450 (up from $368,500 in May) and the median net sales price was $354,625 (down from $360,000 in May).

For sales closed in June, the number of days on market ranged from 0 to 580 and average number days on market was 136 (up from 112 in May).

Number of Closed Sales - Leesburg, Virginia

Average Days on Market - Leesburg, Virginia

Median vs. Average Sale Prices - Leesburg, Virginia

Real Estate Market Conditions for Reston, Virginia

As of July 7, 2008, there are 423 active residential listings in Reston and the average number of days on market is 105. The list prices range from $109,900 to $1,600,000; the average list price is $451,758 and the median is $359,900 The current market absorption rate is 4.65.

91 residential sales in Reston closed during the month of June 2008 (up from 83 sales closed in May). These sales ranged in price from $129,980 to $1,547,500.

The average list price was $459,700 (up from $403,737 in May) and the average net sales price (less seller concessions) was $441,058 (up from $386,489 in May).

The median list price was $420,000 (up from $350,000 in May) and the median net sales price was $398,500 (up from $335,000 in May).

For sales closed in June, the number of days on market ranged from 1 to 574 and average number days on market was 85 (down from 87 days in May).

Number of Closed Sales - Reston, Virginia

Average Days on Market - Reston, Virginia

Median vs. Average Sale Prices - Reston, Virginia

Herndon, Virginia - Small town feel with modern convenience.

Conveniently located along the Dulles Technology Corridor, Herndon is home to some of the most well-known companies in the country, including BAE Systems, Northrop Grumman, Lockheed Martin, Network Solutions, Infovista and more. In 2007, Volkswagen Group of America announced their decision to move their corporate headquarters from Auburn Hills, Michigan to Herndon.

Here's a taste of what you'll find in our charming town!

Herndon Town Hall Along the W&OD Trail in Herndon The Old Train Depot in Herndon

Jimmy's Old Town Tavern in Herndon Herndon Visitor's Center Downtown Historic Herndon