Reston Real Estate: Year in Reston real estate

This is a sponsored post by Eve Thompson of Reston Real Estate.

COVID-19 did little to slow the Reston real estate market. Gains through 2021 were significant, we exceeded $800 million in volume and did 1559 transactions. The average sales price was $530k and the average days on market was 19.

While the Fed has been signaling that there will be rate increases, lenders are saying they expect rates to land in the high 3%’s to low 4%s; certainly higher than they have been, but still remarkably affordable by most measures.

In Reston expect a strong, early spring market. Low inventory will continue to drive fast contracts and low days on market. Those sellers who heed their agent’s advice for preparing and pricing their property will likely be rewarded with multiple offers.

For information on your homes value or a consultation on getting your home ready for the spring market, please feel free to contact me.

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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.

Submit your own Community Post here for just $99.

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.

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Submit your own Community Post here for just $99.

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