With the strong sales prices compared to last year and the annual trend of homeowners getting their homes in the market in the spring time, we have seen an increase in the # of properties on the market in Ashburn:
Although the inventory has increased, the # of properties that have sold/pending sale have helped keep the overall inventory levels low in Ashburn. This below chart shows the months of inventory in Ashburn - generally anything below a 5 months can be considered a sellers market and above 5 months would be a buyers market. Well, you can see from this chart that we are definitely in the sellers market in Ashburn.
Although inventory levels have increased over last March, they are still very low which reflects positively for home sellers.
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