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Friday, January 18, 2013

Home Price Trends in Ashburn Village – January

Home Prices in Ashburn Village for January 2013

Real estate market data for Ashburn Village provided by Michael Wilson of The Wilson Team at Keller Williams Realty

Ashburn Village Home Prices

We have seen a steady rise in home prices in Ashburn Village recently and expect that trend to continue. One of the big drivers now is that there is so little housing inventory – properties are selling quickly.

If you are considering buying a home in Ashburn Village, you can still find good deals on houses but it is more important than ever to have an expert real estate agent on your side who understands the market. Make sure that you don’t overpay as the market heats up; you’ll want an agent that does a thorough market analysis and understands home prices in Ashburn Village.

Listing Prices Ashburn Village January 2013

Ashburn Village Real Estate Report Summary

The median sale price in January for single family homes is $426,205. The sale prices increased by 4.86% from the previous month. Sale prices continue to climb in Ashburn Village and we expect this trend to continue due to low inventory – there just aren’t enough houses for sale to meet the buyer demand, especially with very low mortgage interest rates.

Homes for Sale in Ashburn The price per square foot for listings in this area is $214. There are several areas with New Homes for Sale in Ashburn Virginia which is pushing the price per square foot up for new listings. One Loudoun Development is an example of a fast-growing area with new homes for sale.

The price per square foot for sales in this area is $145. We expect the price per square foot to increase as foreclosures and short sales continue to drop in Ashburn and the number of new housing starts continues to increase.

Find Homes for Sale in Ashburn VA

Visit my website to search for homes for sale in Ashburn Village. Want to get an email notification every time new Ashburn Village homes come on the market?

It’s easy to setup … and you’ll be the first to know about a new listing … and you can be the first to see it!

To find out what your home is worth in the current market – click that link or contact me by phone or email on my website. If you are considering selling your home in Ashburn Village, now is the perfect time to list it … yes, even in winter! The inventory is very low, so competition – other houses on the market – is very low too!

Author: Michael Wilson

Loudoun Real Estate