This is a sponsored post by Eve Thompson of Reston Real Estate.
Just 10 properties went from PENDING to SOLD this past week in Reston. Not a surprise as we roll into the height of the holiday season.
The average days on market for this group was a whopping 85! The home on the market for the longest period was on for 186 days before securing a contract, while the house on the market for the least amount of time was under contract in just seven days.
It is important to note that the house with 186 days on the market also only sold for 88 percent of its original list price. Listing your home high because “you’re not in a hurry” rarely results in the payoff the seller plans. In general, the longer your home is on the market the greater drop in price it will take to get it sold.
Here are the houses that sold this past week.
1715 BLUE FLINT COURT. 3BR, 3.5 BA. List Price: $549,999. Sold Price: $540,000. Seller Subsidy: $5,000.
11651 STONEVIEW SQ #2-B. 2BR, 2BA. List Price: $179,900. Sold Price: $178,500. Seller Subsidy: $3,570.
1401 GREENMONT CT. 3BR, 2.5BA. List Price: $419,000. Sold Price: $418,000. Seller Subsidy: $9,850.
1536 NORTHGATE SQ #32A. 1BR, 1BA. List Price: $210,000. Sold Price: $210,000. Seller Subsidy: $5,500.
11032 THRUSH RIDGE RD. 4BR, 3.5 BA. List Price: $684,900. Sold Price: $670,000 Seller Subsidy: $0.
1654 BARNSTEAD DR. 3BR, 1FB, 2 HB. List Price: $347,900. Sold Price: $349,000. Seller Subsidy: $9,000.
1162 MEADOWLOOK CT. 5BR 4.5BA. List Price: $1,067,000. Sold Price: $1,032,000. Seller Subsidy: $0.
11632 DEER FOREST RD. 4BR, 3.5 BA. List Price: $699,900. Sold Price: $689,500. Seller Subsidy: $0.
11739D SUMMERCHASE CIR #1739-D. 1BR, 1BA. List Price: $189,900. Sold Price: $189,000. Seller Subsidy: $5,000.
1447 WATERFRONT RD. 5BR, 4BR. List Price: $975,500. Sold Price: $965,000. Seller Subsidy: $0.
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