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Leesburg, VA - May 14, 2013 - (RealEstateRama) -- The price of a home in Ashburn for the zip code 20147 increased 1.04% from the month of March for a total year over year increase of 12.6% when compared to April 2012. We are continuing to see very low inventory levels in the area and with continued buyer demand this trend is expect to continue upward as we move forward through the spring selling season. There is currently just over one month’s supply of inventory on the market which by definition makes this a very strong sellers market

Leesburg, VA - April 17, 2013 - (RealEstateRama) -- The average price of a home in Loudoun County jumped 14% year over year for the month of March. This is following the month of February 2013 where we saw the average price of a home in Loudoun County rise 10% when compared to February 2012. The average price of a home for March 2013 is $445,134 with is up from February 2013’s average home price of $433,927. This trend should continue and is expected to continue as inventory levels are currently lagging behind demand from buyers. We have seen the numbers for New Listings and New Pending Sales increase month to month, however these numbers continue to be down significantly when compared to last year at this time. The numbers of closed sales have increased when compared to yearly and monthly numbers.