Reston Real Estate: Just Sold

This is a sponsored post from Eve Thompson of Reston Real Estate. For a more complete picture of home sales in your neighborhood, contact her on Reston Real Estate.

With so few houses on the market, just 141 as of this post, why isn’t it more of a seller’s market? Interest rates are still crazy low, the job market is stable. All indicators seem to point to a market that favors the sellers, and yet it is not. The market is very balanced.

Today’s buyers are informed, methodical and not in a rush. The amount of time buyers spend researching homes online? Countless. Number of homes buyers saw online before engaging a real estate agent? Hundreds. They’ve done their research and are ready.

The median number of weeks buyers spent viewing homes in person was 10 weeks. Once they actually begin looking at homes, they are ready to take action when the right property pops up.

Sellers need to prepare for a little more time on the market with the average days on market sitting at 40. If you really get your place ready to sell and hit the market at the right price you’ll reduce that number considerably.

Here are a few of the recent sales:

11698 Sunrise Square Place
4 BR/4.5 BA
List Price: $963,520
Sold Price: $963,520

 

 

1311 Quail Ridge Drive
5 BR/3.5 BA
List Price: $785,000
Sold Price: $775,000

 

 

11555 Underoak Court
3 BR/2/2 BA
List Price: $359,000
Sold Price: $353,000

 

 

2022 Chadds Ford Drive
3 BR/3.5 BA
List Price: $549,980
Sold Price: $549,980

 

 

12000 Market Street #161
1 BR/1 BA
List Price: $315,000
Sold Price: $315,000

Recent Stories

An encampment has taken shape in recent years near the Sunrise Assisted Living in Reston (staff photo by Fatimah Waseem) A tent encampment housing between 20 and 35 individuals in…

Fairfax County Courthouse (staff photo by James Jarvis) The Fairfax County Board of Supervisors is considering using kiosks equipped with artificial intelligence to provide select legal information in a variety…

Just a day after negotiations for a Washington Wizards and Capitals arena in Alexandria officially fell through, George Mason University has announced that it’s no longer planning to build a joint baseball and cricket stadium in Fairfax for the Washington Freedom.

Fox Mill Road in Herndon will be closed on April 1 (via VDOT) Fox Mill Road will be closed at the beginning of next month to allow for a pipe…

×

Subscribe to our mailing list