This is a sponsored post by Eve Thompson of Reston Real Estate.
We’re midway through the summer and Reston’s real estate market has been oddly slow.
The volume of transactions is up slightly from last year but the days on market (the length of time it takes for a house to go under contract), is way up. Last year at this time the average days on market was 18, today it is 56!
We have 383 active properties on the market that have been on the market for an average of 58 days. Having a more competitive market forces seller to be much more thoughtful about their pricing strategies and as always condition becomes even more critical.
Here are a few of the new listings this week.
To see all the new listings visit Reston Real Estate’s page.