This is a sponsored post by Eve Thompson of Reston Real Estate.
There seems to be some momentum returning to the market as local agents report increase traffic in listings. No doubt the anticipation of increasing interest rates is also motivating some buyers to get off of the fence and get back into the market.
Whatever the drivers, we’ve started the first days of 2016 with fairly strong sales. Current inventory is still under 200 properties and we settled 20 transactions in the first 11 days of 2016 keeping the supply of homes for sale at around three months.
Hopefully this return of activity will begin to shorten Days on Market which is still very high at 68 days — a painfully long time to keep your house is showing condition.
Here are a few of the houses that sold this week.
12087 EDGEMERE CIR. 3BR, 2.5BA.List Price: $484,000. Sold Price: $476,000. Seller Subsidy: $2,000.
2056 BEACON HEIGHTS DR. 3BR 3.5BA. List Price: $925,000. Sold Price: $920,000. Seller Subsidy: $1,500.
11924 ESCALANTE CT. 3BR, 2.5BA. List Price: $368,750. Sold Price: $371,750> Seller Subsidy: $11,200.
12000 MARKET ST #470. 2BR, 2.5BA. List Price: $525,000. Sold Price: $525,000. Seller Subsidy: $2,500
Visit Reston Real Estate for more information on the market.
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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.