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.
56 properties changed hands in the past 10 days and another 38 properties went under contract.
The average days on market is pretty steady at 24. More than half the properties which sold went under contract in 10 days or less, so things are moving a good clip. At the current pace, homes sales will out strip available inventory in about 1.3 months.
Every week I talk about the importance of coming on the market at a price that really drives the buyers to take action. It’s important to remember that everyone has access to the same information, buyer’s know the comparable home sales so coming on high won’t help sellers.
On the other hand, if you’re coming on the market on the low side you want to be sure your agent is taking steps to build interest in your property in order to drive your price up to the true market value.
Here are a few of the properties that sold in Reston over the past 10 days:
11114 Harbor Court
2 BR/1 BA
List Price: $524,999
Sold Price: $525,000
12001 Market Street #476
2 BR/1 BA
List Price: $320,000
Sold Price: $315,000
11416 Fairway Drive
4 BR/3 BA
List Price: $575,000
Sold Price: $ 576,258
2315 Rosedown Drive
4 BR/3.5 BA
List Price: $565,000
Sold Price: $589,000
1936-B Villaridge Drive
2 BR/1 BA
List Price: $299,900
Sold Price: $302,000
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