Prices Trend Up, Sellers Taking Notice

Ashburn Median Price Starts to Creep Up

Median price is trending upwards across Ashburn, except for condo/townhomes in 20148, where median price has flattened.  Inventory continues to remain low, and mostly flat since March.  From what I have observed while doing business the last few weeks, the uptick in mortgage rates has slightly slowed the amount of buyer traffic and contracts; with the low number of available homes on market, though, the median prices haven’t been impacted yet.

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Cheers,

Heather