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.
The past 30 days have seen 72 properties go to settlement. That’s two thirds of the total inventory of houses available for sale.
The housing inventory is so low that more buyers are worried that they won’t find a house to purchase; while it’s not uncommon to see a dip in housing inventory at this time of year numbers, this low are pretty extreme.
Digging into the recent sales I see that 10% of these properties sold above list price with an average days on market of just 4 days — so sold in less than a week for more than list price; sounds like a win/win!
Here are a few of the recent sales.
2401 Ansdel Court
4 BR/2.5 BA
List Price: $399,000
Sold Price: $425,000
11442 Church Hill Road
2 BR/2 BA
List Price $324,900
Sold Price $330,000
11756 Great Owl Circle
4 BR/4.5 BA
List Price $565,000
Sold Price $570,000
11184 Glade Drive
3 BR/2.5 BA
List Price $575,000
Sold Price $593,000
1945 Roland Park Drive
4 BR/4.5 BA
List Price: $981,375
Sold Price: $981,375