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.

Extremely low inventory continues to plague the market — there just are not enough houses on the market to meet the demand. In Reston there is currently ONE single-family home on the market. At the current rate of consumption, we have less than one month of housing inventory to meet buyer demand. We expect record low interest rates to continue through 2021, which is a big component of what is driving demand for housing.

The buy-up market is especially active. If you’re thinking of downsizing, especially if you’re considering a move to a condo, now is the time to do it. You will maximize your profit on the selling side and benefit from a slightly softer condo market on the buy side.

In the past 10 days, 30 properties in Reston successfully completed settlement and transferred ownership. Here are some of the recent sales in Reston:

12046 Creekbend Drive
5 BD/3.5 BA
List Price: $1,100,000
Sold Price: $1,100,000



12130 Purple Sage Court
3 BD/1.5 BA
List Price: $395,000
Sold Price: $400,000



11428 Tanbark Drive
4 BD/2.5 BA
List Price: $725,000
Sold Price: $715,000



1313 Headlands Court
2 BD/1.5 BA
List Price: $399,999
Sold Price: $400,000



1462 Greenmont Court
3 BD/3.5 BA
List Price: $499,500
Sold Price: $532,500


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