Jonathan Bunn

Most of Ashburn is within the 20147 zip with neighborhoods like Ashburn Village, Belmont Country Club, Ashburn Farm, and Farmwell Hunt. 20148 is pretty new with neighborhoods like Broadlands, Brambleton, Villages of Waxpool. Residents of 20148 are a little more adamant about this distinction.

The population of residents within 20147 is much larger than 20148. It's the equivalent of Tiny Tim Vs. The Hulk. Nevertheless, the growth of 20148 is increasing and there is still a lot of room for development which is being taken advantage of by builders.

Since Wednesday are for STATS... I thought it would be best to show you the housing value comparison between the two.

CLICK IMAGES TO ENLARGE

20147 (Ashburn Village, Ashburn Farm, Belmont Country Club, Farmwell Hunt, ETC...)

20148 (Broadlands, Brambleton, Villages Of Waxpool, ETC....)

Finish Article Here.....

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The last time I checked, the average age for Ashburn is around 32 years old. There is not a large senior adult population in Ashburn currently.

If you think it will remain this way, you could be in for a surprise within the next 5-10 years. If the average age for the population is in the mid 30's you should assume that there are grandchildren in the picture. Since many of the residents in this area are transplants, grandparents are now deciding that they are tired of missing out on their youngsters childhood.

What are the signs that I am seeing predicting this???

1. One of the most read articles read on my site found through google is an article concerning Ashby Ponds (An Assisted Living Center Being Built in Ashburn).

2. Many builders in the area have begun to build 55+ communities all around Ashburn within the last few years.

Currently..... There are options such as....

1. Khovanian's Four Seasons in Ashburn Village (Condos)
2. Ashburn Village's 55+ Community (Townhomes)
3. Potomac Green (Centex and Del Webb's Community). This community has been built within the last few years and has experienced a lot of growth.
4. COMING SOON.... Brambleton will be building an Active Adult community within the next 3-4 years consisting of around 1500 units including from my understanding Carriage Homes, Townhomes, Condos, and Detached Homes. There is also plans for an assisted living center.
5. Ashby Ponds, an Erikson Built Assisted Living Center, will be up and running very soon off of Loudoun Country Parkway near route 7.

If you are interested in finding out more about Ashburn or Ashburn Adult Communities contact me.

Since we discussed whether you should rent or sell in this market yesterday, I thought it would help if you understood how long on average it is taking homes to rent (the red bar) and how many have rented (the blue bar) thus far in April.

These stats only include homes in Ashburn, Leesburg, and Sterling VA.

Related Posts:

Loudoun County Market Stats

Should You Rent Or Sell Your Home In Loudoun County?

Data was compiled by Jonathan Bunn using using current data from MRIS. Information is deemed reliable but should be verified for accuracy.

Yesterday we discussed the Ashburn community of Farmwell Hunt. CLICK TO SEE

There is no new construction in Farmwell Hunt so lets take a look at how well the resales are going. If you haven't noticed from driving around lately there are UNDER CONTRACT signs everywhere! Homes around the 400k range and below are selling quickly thanks to great rates being offered through FHA financing.

Check out Farmwell Hunts stats from the last 120 days....

Townhomes:

Active: 1 ($379,000)

Under Contract: 4 (Average Price $354,950)

Sold: 3 (Average Sold Price $394,666)

Rented: Only 1! (Average Community Price $1950)

Single Family Detached:

Active: 6 (Average Price $685,600)

Under Contract: 1 ($595,000)

Sold: 2 (Average Sold Price $645,000)

If you would like a list of Farmwell Hunt or Ashburn properties emailed to you please contact me.

Stats are provided by MRIS. All information is deemed reliable but should be verified for accuracy.

Tuesdays are all about great communities, and this week I want to highlight a new community in Leesburg called Selma Estates.

Land comes at a premium price in Northern VA, but once you see the views in this community you will understand why. Only about 5 minutes out past the Leesburg Outlets off of Route 15 North past Raspberry Falls and White's Ferry you will find yourself in a land flowing with milk and honey. I'm not sure its Heaven but it feels a little more like it than your average cramped and busy life style of Northern VA.

Selma is being built by 3 luxury builders in the area; Craftmark Homes, Winchester Homes, and Edgemoore Homes. The community will consist of 278 homes built on mostly 1/2 acre to 3/4 acre home sites. 40 of the sites will be offered on 10+ acre home sites. Only a handful of homes have currently been built but there are a few gorgeous models to look through. Each builder has multiple floor-plans to choose from ranging from around 3,000 square feet to some plans close to 6,000 square feet.

Base Prices:

$669,000- $999,000 (Varies By Builder)

Amenities:

Pool, Clubhouse, Tennis Courts, Tot Lot, Gazebos, and Scenic Walking Trails

Schools:

Frances Hazel Reid Elementary, Smart's Mill Middle School, Loudoun County High School

Location:

10 Minutes from MD MARC Train, Easy Access to Route 7, 15, Greenway, and Whites Ferry

To See More Photos Click Here.