This is a sponsored post by Eve Thompson of Reston Real Estate.
Inventory is finally creeping up – slowly, but new listings are finally starting to hit the market.
Reston has 171 properties on the market, not robust but on the rise. The market remains stubbornly price sensitive; listings perceived by buyers to be over-priced will sit, while those coming in right at the market price will get multiple offers, often going above list price but not by huge amounts.
The cautionary tale to sellers, you need to be the best priced, best presented item in your category. You can be a “fixer” but try to be as well presented as you possibly can be, and get to the right price!
Here are some new listings in Reston this week.