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 real estate market in Reston slowed just a bit over the past few weeks.
Buyers are not in a rush and days-on-market has stretched out a bit to an average of 36 days. Low interest rates and constrained inventory should have the impact of shorter days on market and can drive home prices up; but that’s not what we’re experiencing.
Buyers are taking things slowly and seem to know that if they miss out on one house there will be another around the corner and that is not untrue. What is harder to predict is interest rates; what we can say about them that even with a 1 point bump they’re still incredibly favorable.
Here are a few of the properties that have sold in the past several weeks.
2133 Cabots Point Lane
3 BR/2.5 BA
List Price: $974,900
Sold Price $974,900
1606 Chimney House Road
1 BR/1 BA
List Price: $249,000
Sold Price: $216,900
11719 Blue Smoke Trail
4 BD/2.5 BA
List Price: $849,900
Sold Price: $850,000
2224 Cartwright Place
3 BD/2.5 BA
List Price: $349,000
Sold Price: $349,000
1637 Stowe Road
4 BD/ 4 BA
List Price: $689,000
Sold Price: $675,000
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