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Ashburn, VA Real Estate News

By James Casamento, Helping you with every step!
Ashburn Rental Market Update for December 17th 2007: •·        Current rental inventory = 126 homes.The number of available rentals increased by 45 properties since November 2007.  Dispite that increase, it is taking less then 2 months to rent the average property in Ashburn. •·        Rental price range for 20147 and 20148 = Low $900 - High $3,500. •·        Number of properties rented or applied for rental = 67.This pace is nearly double the brisk rate of 35 last month. •·        Current absorption rate or average length of time an Ashburn home stays on the rental market = 1.9 months.  This figure has also reduced from just over 2 months of inventory in October. 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 M...
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By James Casamento, Helping you with every step!
Ashburn Real Estate Market Update for December 17th 2007 Condos: •·        Condominium available inventory = 81 homes.The number of available condos in Ashburn declined by 10 homes since November. •·        Sold price range for 20147 and 20148 = Low $184,000 - High $365,000. •·        Sold or under contract homes over the past 30 days = 26.Condo sales were more brisk over the past month.  Sales increased from 13 in November to 26 in December. •·        Current absorption rate or average length of time an Ashburn town home stays on the market = 3.1 months.  This figure has reduced dramatically since September when inventories were hovering around 8 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...
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By James Casamento, Helping you with every step!
Ashburn Real Estate Market Update for December 17th 2007: •·        Town home or attached home available inventory = 250 homes.The number of available town homes in Ashburn declined by 40 homes since November. •·        Sold price range for 20147 and 20148 = Low $263,900 - High $589,000. •·        Sold or under contract homes over the past 30 days = 82.Home sales were more brisk over the past month.  Sales increased from 71 in October to 82 in November. •·        Current absorption rate or average length of time an Ashburn town home stays on the market = 3.0 months.  This figure has reduced about 1 month since October 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.real...
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By James Casamento, Helping you with every step!
Real Estate Market Update for Single Family Homes as of December 17th, 2007 for the Ashburn area:Available Single Family Home Inventory = 245 homes.Sold Price Range for 20147 and 20148 = Low $310,000 - High $900,000.New sold or under contract homes over the past 30 days = 64.Current absorption rate or average length of time an Ashburn single family home stays on the market is approximately 3.8 months down about a month since the September 2007 number.Home sales were more brisk over the past month with an increase from 55 homes to 64 homes.If you would like to know specific details about homes in your neighborhood check out the free MLS search on my website @ http://www.realestate777.com/ or feel free to call me at 703-728-7060.I am here for you every step of the way. - Jamie Casamento, ...
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By Danilo Bogdanovic, Real Estate Consultant - Loudoun and Fairfax County
(Market Advantage Real Estate)
Ashburn Farm in Ashburn, Virginia is a master planned community situated on 1370 acres in the west central part of Ashburn in Loudoun County, Virginia. It's well known for it's abundance of trees, greenery, trails and amenities. The majority of "The Farm" is located on what was originally the Gray Dairy Farm. Cavalier Land Development Corp., developers of Ashburn Farm, planned the community to blend with the natural rolling terrain, resulting in winding boulevards and lots of trees. Ashburn Farm is north of the Dulles Greenway and bordered by Belmont Ridge Rd to the west, Ashburn Rd to the east, and the W&OD Trail to the north. Construction started after the concept plan was approved by Loudoun County in 1986. Ashburn Farm has 1,807 single-family homes, 1,499 townhouses, 460 condominium...
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By Scott Wall
(StoneHouse Realty, Inc)
According to online housing tracker Zillow's math, Ashburn's 20148 ZIP was the most intensely eyeballed Northern Virginia neighborhood in the third quarter. That's based on Zillow counting the number of property search made on its site by ZIP vs. the number of homes in that ZIP. Here's the Top 10 ... 1. 20148, Ashburn 2. 20105, Aldie 3. 20152, Fairfax 4. 22066, Great Falls 5. 20147, Ashburn 6. 20166, Dulles 7. 22182, Vienna 8. 20176, Leesburg 9. 20171, Herndon 10. 22101, McLean Three Northern Virginia ZIP codes were at the bottom of the list ... 22305 (Alexandria), 22311 (Alexandria), 22060 (Fort Belvoir). To see the report that contains these rankings, CLICK HERE
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
LUXURY HOME IN ASHBURN VA READY FOR IMMEDIATE OCCUPANCY NEW HOMES IN INVENTORY IN LOUDOUN COUNTY ARE THE ANSWER TO MANY HOME BUYERS NEEDS.  New construction takes approximately 7-12 months to complete and deliver.  For home buyers in Loudoun County who are in the market for a home now, a builder's inventory home is usually an excellent buy when compared to resale homes.  Builders have reduced the base price of their models over the past year by an approximtely 10% or more.  Many of the homes are also discounted from the builders completed price for quick sale.  We toured new home sites in Ashburn this week and found a beautiful luxury home ready for a new family.                                  4,400 square feet plus full basement finished with recreation room and full bath.           ...
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This is just a little side note about our local grocery store chain HARRIS TEETER and their changes for the holiday weekend.While we are all scrambling to finish up our business details and get out last minute banking in, don't forget to take those few extra steps to get to the stores tonight to get your holiday fixins'. Here's the little email clip sent by our area store about a holiday hours change. Normally 24hours, Brambletonians have come to rely on the chain being open, and also on their cost saving promotions... "Weekly Specials: The specials from last week's Thanksgiving Ad will continue to be valid through Thanksgiving Day, when our stores will close at 2:00 pm. Click here to view the specials from that ad. Due to the extended Thanksgiving Ad there will be no advertised special...
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 Hello All! Just a quick FALL note to our office staff to remind them of a few quick INTERNET tips and tricks. Join Active Rain. Read here, blog here, share helpful comments with other professionals across our nation. Upload your resume or portfolio at www.linkedin.com. It is a great way to network with other professionals or to recommend your clients professional services (note them as "Business Partners" and list them as clients and it does not limit your ability to write them personal or professional recommendations for whatever business area they are in; also, refer past co-workers. Not only are all these people professional associations, you may be delighted to read their profiles and be inspired to keep in closer touch or become even better friends. PROOFREAD YOUR STUFF. If the to...
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Hello friends! I was cruising the internet today and looking up information about my local area. As you all know, I am right outside DC in Northern Virginia. I am fortunate enough to live in and work around a wonderful newly developing town called Ashburn. In that, I am happy to be directly involved with many of our local neighborhood communities, including one of my favorites: a place called BRAMBLETON. The blog spot I found at brambleton.wordpress.com had a post by the writer "brambleton". To my chagrin and surprise the writer publicly said, "I wonder how Brambleton developer would like to categorize or promote shopping center as. Some how, it is not visualized to be an attractive destination. In fact, shops are not even similar to a strip mall where you would typically find nails, pa...
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By James Casamento, Helping you with every step!
Real Estate Market Update for Ashburn VA Condos:Market Update as of November 1st 2007 for Ashburn:Available Ashburn Condo Inventory = 91 homes.Price Range for Ashburn =     Low price: $189,900                                                                                                               High price: $375,000New Ashburn sold homes or under contract this month = 13.Current absorption rate or average length an Ashburn condo stays on the market is 7 months.  The condo absorption rate in Ashburn is three months longer an Ashburn town home and 2 months longer than an Ashburn single family home. If you would like to know specific details about homes in your neighborhood check out the free MLS search on my website @ http://www.realestate777.com/. Or feel free to contact me (Jamie ...
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Real Estate Market Update as of November 1st, 2007 for the Ashburn area:Available Single Family Home Inventory = 280 homes.Sold Price Range for 20147 and 20148 = Low $375,991 - High $2,194,656.New sold or under contract homes over the past 30 days = 55.Current absorption rate or average length of time an Ashburn single family home stays on the market is approximately 5.1 months up about a 15 days over the September 2007 number.Over the past month the number of homes sold or under contract remained virtually the same 55 (September) vs. 54 (October) however the number of available homes grew by 30 units.  The good news is that demand remains about the same here in Ashburn.  During the same period demand in the Sterling area has softened and this may be due to the tightening of the credit ...
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By Kae Davis
(EverythingAshburn.COM)
You know that old saying, "All roads lead to Rome"? Well, in the modern age of technology, all Internet roads should lead to HOME. Your home pages, that is. If you haven't been paying attention to the Internet lately, you might want to take a look. Google yourself. Google our office. Google the agents you know. Taking the time to build your web pages and establish your professional associations in any industry. In our tech-crazed global nation, everybody under 30 has grown up Internet friendly. The last 15 years, professionals in all industries have been working actively with the Internet and rapidly advancing technologies. What you are seeing now from over 80% of home owners, qualified buyers, and renters is they are beginning to turn to the World Wide Web (www) as their first means of...
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By K. Davis
(Davis Enterprises)
Hello everyone! I'm glad to see you here. If you haven't already, add me as a friend here. For additional networking, head on over to "LinkedIn". I'm looking forward to building a strong and supportive network of professional family and a global network of "Good Will" associations. Nice to see you, my friends!
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By James Casamento, Helping you with every step!
Market Update as of October 18th 2007 for Ashburn:Available Condos Inventory = 93 homes.Price Range for Ashburn =     Low price: $189,900     High price: $459,900New contracts average per month = 12.Current absorption rate or average length an Ashburn condo stays on the market is for over 7 ½ months.  Twice the rate of town homes in Ashburn and 3 months slower than single family homes in Ashburn. Average length of time on the market as of October 16th 2007 for condos in Ashburn: Brambleton = 5 monthsLake Shore = 6 monthsS. Glen @ University = 3.3 monthsSummerfield at Belmont = 7.5 monthsWestmaren = 2 ½ monthsNo sales were reported in the past 30 days in Ashberry, Ashburn Farm, Belmont Green, Four Seasons, Parkside at Ashburn, Potomac Green, Ridges at Belmont, and Sanders Mill. If you wo...
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By James Casamento, Helping you with every step!
Market Update as of October 18th 2007 for Ashburn:Available Town Homes and Attached Homes Inventory = 280 homes.Price Range for Ashburn =     Low price: $279,900 - Ashburn Farm (foreclosure).                                                  High price: $599,900 - Belmont Country Club.New contracts average per month = 67.Current absorption rate or average length an Ashburn attached home stays on the market is just under 3 months.  Town homes and attached homes are selling 45 days faster than single family homes in Ashburn. Average length of time on the market as of October 16th 2007 for town homes and attached homes in Ashburn:Ashburn Farm = 4 ¾ monthsAshburn Village = 4 ¼ monthsBelmont Country Club = 2 1/3 monthsBrambleton = 4 monthsBroadlands = 2 ½ monthsFarmwell Station = 2 ½ monthsFa...
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By James Casamento, Helping you with every step!
Market Update as of October 18th 2007 for Ashburn:Available Single Family Home Inventory = 250 homes.Price Range for Ashburn = Low price: $275,000 - Belmont Ridge (bank owned) & High price: $2,173,000 - Ashburn Reserve.New contracts average per month = 54.Current absorption rate or average length an Ashburn single family home stays on the market is just over 4 ½ months. Average length of time on the market for specific locations in Ashburn as of October 18th 2007 for single family homes:Ashburn Farm = 6 ¼ monthsAshburn Village = 2 ½ monthsBelmont Country Club = 4 1/3 monthBrambleton = 3 ½ monthsBroadlands = 7 ½ monthsThe Ridges at Ashburn = 1 ½ months If you would like to know specific details about homes in your neighborhood check out the free MLS search on my website @ http://www.real...
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By Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS"
(RE/MAX Executives)
Loudoun County is an interesting contrast in communities.  In the east, Dulles International Airport and industry thrive, but the western sector maintains farms, towns and villages,  Leesburg is the county seat and was carved from land originally owned by Lord Fairfax.  It was named George Town in honor of King George II, but was subsequently renamed for the influential Lee family.             Loudoun County is a portion of the original five million acre parcel granted by Charles II in 1649.  Loudoun County was part of Fairfax County, but in 1757 Fairfax County was divided and the western portion was named Loudoun County.  Leesburg is 35 miles northwest of Washington, D.C. at the foothills of the Blue Ridge Mountains.  The old county courthouse is a prominent and very historical part of...
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By Ellen Crawford, Alpharetta Real Estate Agents & Alpharetta REALTOR
(Maximum One Executive REALTORS®)
127 Sold homes in Ashburn Virginia in the July 2007 timeframe.  These are single family residences, condos, coops, town homes, detatched and attached homes in Ashburn Virginia.  The high price sold was $1,150,000 and was located in Evergreen Hamlets, and the low price for sale in Loudoun was a condo in South Glen at University which sold for $200,000.  For the same time period in 2004, there were 226 sales then.  The high price sale was $1,395,000 in Belmont Land Bay, and the low was $155000 at South Glen at University Center.  In 2005 there were 255 sales in the same timeframe.  The high price sale was $1,250,000 in Belmont Land Bay, and the low sale was a condo at Westmaren at $240,000.  In July of 2006 there were 142 sales in Ashburn Virginia with the high price sale at $1,800,000 in...
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By Danilo Bogdanovic, Real Estate Consultant - Loudoun and Fairfax County
(Market Advantage Real Estate)
A search of the 551 active listings in Ashburn showed 78 properties were either owned by a bank or lender, in pre-foreclosure or short-sale candidates.   This represents 14% of the current homes available for sale in the local MLS.  Of these 78 properties, 53 were townhouses, 15 were single family homes and 10 were condominiums.Back in March of this year the percentage of homes that were foreclosures in the same area was 5%.  From an absolute number and from a percentage, the percentage of the marketplace that could be considered distressed properties has risen dramatically.  Here are some interesting facts and statistics about these distressed properties:Lowest priced property: $193,000Highest priced property: $919,900Average list price: $419,000Median list price: $405,000Average numbe...
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