Ashburn Rental Market Update for January 18, 2008:
•· Current rental inventory = 113 homes.
The number of available rental properties increased by 15 since the beginning of the year, however, despite that increase, it is taking only 2 months to rent the average property in Ashburn.
•· Rental price range for 20147 and 20148 = Low $1,095 - High $2,800.
•· Number of properties rented or applied for rental = 65.
•· Current absorption rate or average length of time an Ashburn home stays on the rental market = 1.7 months. This figure is about the same as it was in early December 2007.
If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/ or.
I am here for you for every step.
Jamie Casamento
Realtor ERA Teachers, Inc.
703-728-7060
www.realestate777.com
Ashburn Real Estate Market Update for January 18, 2008 Condos:
•· Condominium available inventory = 70 homes.
Over the past 15 days the number condos for sale in Ashburn dropped by 24%. This is good news for sellers and may be signaling that we are hitting bottom in the market.
•· Sold price range for 20147 and 20148 =
Low $165,000 - High $400,015.
•· Sold or under contract homes over the past 30 days = 28.
Condo sales moved up by 2 units over the past 30 days. Sales of condos equaled 28 and that trend has been moving up over the past 30 days.
•· Current absorption rate or average length of time an Ashburn condo stays on the market = 2.5 months. This figure has dropped even more this month and has moved dramatically since September when inventories were hovering around 8 months.
The market is showing signs of resilience and the Spring market is just around the corner. Call me if you would like some more info!
If you would like to know specific details about homes in your neighbor-hood just give me a call 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/ or.
I am here for you for every step.
Jamie Casamento
Realtor ERA Teachers, Inc.
703-728-7060
www.realestate777.com
Ashburn Real Estate Market Update for January 18, 2008:
•· Town home or attached home available inventory = 242 homes.
Over the past 15 days the number of available town homes in Ashburn decreased by 35.
•· Sold price range for 20147 and 20148 =
Low $242,500 - High $499,500.
•· Sold or under contract homes over the past 30 days = 68.
Home sales are remaining right around the average of 71 units per month.
•· Current absorption rate or average length of time an Ashburn town- home stays on the market = 3.6 months. This figure has dropped from 4.2 months just 15 days ago and is looking better over the past 4 months.
If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/ or.
I am here for you for every step.
- Jamie Casamento, Realtor ERA Teachers, Inc.
703-728-7060
Townhome and Attached Homes that have sold over the past 30 days.
If you would like more information on sales in your neighborhood feel free to contact me.
I am here for you for every step!
Jamie Casamento - Realtor
703-728-7060
ERA Teachers, Inc.
The information above was generated from MRIS the MLS system for our area and is deemed correct but not guaranteed.
Ashburn Real Estate Market Update for January 15, 2008:
The good news about Ashburn is that we are beginning to find the bottom of the market for single family homes. The low point or bottom occurred in November, 20th 2007 on a bank owned property in Belmont Ridge (Breeders Run Ct.) that home sold for $310,000. Since that time the lowest priced single family homes in Ashburn are selling for about $365,000 with most of the homes selling over $400,000.
•· Single Family or detached home available inventory = 235 homes.
The number of available detached homes in Ashburn remained the same over the past 15 days. Inventory overall is running about 15 homes fewer than the average over the past 4 months.
•· Sold price range for 20147 and 20148 = Low $450,000 - High $1,350,000.
•· Sold or under contract homes over the past 30 days in Ashburn = 63.
Ashburn home sales this month were up by 4 units based on the average of 59 over the past four months.
•· Current absorption rate or average length of time an Ashburn single family home stays on the market = 3.7 months. This figure is at about the same pace as has been over the past 4 months.
If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/ or.
I am here for you for every step.
- Jamie Casamento, Realtor ERA Teachers, Inc.
Over 20 years experience in sales specializing in Eastern Loudoun County. I am here for you every step of the way!
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