This is a sponsored post by Eve Thompson of Reston Real Estate.
This week in Reston, 51 new listings hit the real estate market. That takes our total number of houses for sale to a high of 330. That’s more inventory than we’ve had in five years, but sales are keeping pace. Even though there is a lot of property for sale, at the rate they’re moving off the market it’s still only a three-month supply of homes.
There are 165 pending sales, which speaks to a good solid volume of activity. However, with an average number of days on the market of 34, I would describe things as moving at a steady, but not frantic, pace.
Here are a few of the new listings for this week.