This is a sponsored post by Eve Thompson of Reston Real Estate.
39 properties successfully traded hands over the past two plus weeks. Not too bad given the holidays and other distractions.
What’s significant is that is almost 100% turnover of housing inventory! We have just 43 active listings in Reston, about a 2-week supply. This is consistent with what we’re seeing around the region. Buyer demand is high, but listings are in very short supply.
It’s interesting to note that coming on the market at the right price is still key to securing a good solid contract on your home. Short supply hasn’t driving buyers to write offers, solid value is what motivates buyers. You need to be the best presented item in your category — for your condition. In other words, your property doesn’t have to be perfect, you just can’t price it as if it is perfect!
Below are some of the properties that traded hands.
- 1851 Stratford Park Place #310 — 2 BD/2BA, $459,000 — $410,000 — 271 Days on Market
- 2360 Paddock Lane — 5 BD/3 BA, $795,000 — $825,000 — 11 Days on Market
- 1418 Church Hill Place — 2 BD/2 BA, $375,000 — $385,000 — 2 Days on Market
- 11238 Harbor Court — 2 BD/2 BA, $520,000 — $520,000 — 7 Days on Market
- 1230 Tottenham Court — 5 BD/5 BA, $1,249,000 — $1,350,000 — 2 Days on Market
If you’re looking to buy or sell in Reston and have questions, feel free to reach out!
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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.