The housing market in Ashburn continues to see strong price appreciation, with values up 13.9% compared to last year. Home prices have increased 3.4% in the past month alone. At the current pace, all available homes in Ashburn would sell out in just 1.0 months, indicating a continued supply shortage. Properties are selling within just 16 days on average, much faster than the historical norm of 36 days. A significant 20.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (51.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Ashburn market with the affordability index at 85.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.