This is a sponsored post from Eve Thompson of Reston Real Estate.
The good news is that only 24 new properties were added to the Reston market for a total inventory of 278 homes for sale, which is a little over 2 months of inventory. Average days on market is now 25, about 7 — 10 longer than it was in the Spring.
The implication for sellers in this slower market is that when your home hits the market your price and condition must be on point in order to be the best home in your category so that you can create some urgency in the buyers.
Here are a few of the homes that sold in Reston this week.
2243 Castle Rock Square #1B. Listed at $179,500. Sold at $179,000 (Seller Subsidy: $5,821).
2108 Green Watch Way #301. Listed at $265,000. Sold at $260,000.
1524 Chatham Colony Court. Listed at $499,900. Sold at $521,250.
1925 Upper Lake Drive. Listed at $847,000. Sold at $836,000.
1830 Fountain Drive #1501. Listed at $1,349,000. Sold at $1,265,000 (Seller Subsidy $1,200)
*Seller Subsidy is when the seller contributes cash to the buyer’s closing costs.
The annual Herndon Festival will return in full for 2023 (via Herndon Festival/Instagram) The Herndon Festival will return this year in the summer, bringing back a tradition that was scaled…
A car on Sunrise Valley Drive passes the Innovation Metro station (staff photo by Angela Woolsey) Fairfax County is again asking the state for money to offset anticipated reductions in…
COO Larry Butler will retire in the summer after more than 40 years with Reston Association (courtesy RA) Reston Association‘s COO Larry Butler is officially retiring after more than 40…
A woman walks her dog at Lake Anne Plaza (staff photo by Angela Woolsey) The President Stops by Springfield — Joe Biden discussed his economic plans yesterday (Thursday) at the…
The Ravel Dance Studio will re-open for fall classes 2020. The school will offer in person and virtual online instruction. With over 5000 sq. ft. to social distance the school has added air ionization filtration systems, ballet barres, acrylic dividers, hands free bathrooms, strict monitoring and more.
The Ravel Dance Studio will produce a Nutcracker Ballet Hollywood style video through the Reston Community CenterStage. REGISTRATION online begins August 17.
Chris Green is one of the DMV’s finest fitness instructors. A Lululemon and South Block ambassador, he is a coach and mentor to so many. He embodies grace, positivity and motivation in ways that no one else can. If we could all learn a thing or two from him, the world would be a much better place. He does so much for others, and does so with a smile on his face 99% of the time.
He recently ruptured his Achilles and has an incredibly long and tough journey ahead. As if COVID hadn’t impacted fitness professionals enough, throw this in the mix and it’s a double, even triple whammy. CG is no longer able to work and do what he loves for the time being because of this and we’d love your support.