Ashburn, VA 2018 Real Estate Market Review
The Ashburn, VA 2018 real estate market continues to make gains. Ashburn, VA was labeled as Money Magazine’s #2 place to live for 2018. The 2018 market was up 1.1% in sales volume year to year with 2097 sales. It also had a .5% increase in sales price. The average sales price saw a much bigger price jump from 2016 to 2018 with a 6% increase. Ironically, the volume of sales was down 1% over the same period.
The market has seen a steady growth over the past three years. The 20147, 20148 zip codes which cover Ashburn, VA also include Brambleton and Broadlands. Of the real estate sales in 2018, Ashburn had this highest volume at 1920, followed by Broadlands at 147 and Brambleton with 30.
The number of distressed properties were .8% of total sales in 2018. That is an improvement of over 2% from the 2016 and 2017 markets. The Ashburn, VA real estate market is increasing in sales volume, increasing in sales price and dropping in distressed sales. That’s great news for sellers in Ashburn, Brambleton and Broadlands, VA.
When you’re ready to buy, or sell, in Ashburn, Brambleton or Broadlands, VA, give Cornerstone Business Group, Inc. a call. We are your local real estate sales pros. Let;s get together and make something great happen. Call us today, 540-722-6029.