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.
It was a busy weekend in Reston Real Estate.
Lots of buyers are in the hunt for new homes. Limited inventory has created some interesting dynamics. Open house traffic has been enormous and many agents are reporting multiple contracts on their listings.
This has not created crazy price increases; as you can see in the chart below, property is generally selling very close to its list or “last” list price. The exception to this price/inventory dynamic is at the mid-range of the market. Townhouses that are price under 500 and especially in the mid-400 range are very competitive.
My advice to sellers no matter what price their property; come on the market right at the market price, based on recent sales and you’ll have greater control of the selling process. Going on the market high thinking you need “room to negotiate” will only result in extra days on market and ultimately less cash in your pocket.
Sold Past 30 Days — Reston
Here are few of the homes that settled recently in Reston:
11041 Saffold Way
4 BR/2.5 BA
List Price: $ 440,000
Sold Price: $450,000
2604 Mountain Laurel Place
4 BR/2 BA, 2 half bath
List Price: $699,900
Sold Price: $595,000
12369 Lima Lane
4 BR/3.5 BA
List Price: $659,000
Sold Price: $662,000
1601 Purple Sage Drive
2 BR/1.5 BA
List Price: $370,000
Sold Price: $375,000
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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.