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.
Reston Real Estate
This is a sponsored post by Eve Thompson of Reston Real Estate.
The Reston real estate market is starved for inventory with just 35 active listings and 13 in a Coming Soon status. For years we have averaged between 150-200 active listings, so this is painfully low.
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.
This is a sponsored post by Eve Thompson of Reston Real Estate.
The Reston market remains strong with little indication that things will ease up anytime soon. Drivers in our market continue to be a dire lack of inventory; even given the holiday season housing inventory is very, very low.
This is a sponsored post by Eve Thompson of Reston Real Estate.
Reston architectural aficionados know that Reston architect Ken Bonner built the first house in South Reston — a detached single-family house on Stirrup Road.
This is a sponsored post by Eve Thompson of Reston Real Estate.
The market continues to move at an extremely fast pace, leaving many buyers feeling like they will never snag the golden ring of a ratified sales contract. Buyers are waiving all kinds of protections to be the winning offeror.
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.
Inventory is starting to pick up, but it is happening very slowly. Interest rates are astonishingly low at 2.5% to 2.8%, which puts home ownership within reach of many more buyers. The single-family house and townhouse market is moving at a fast pace. The condo market is also moving quickly but is much more price sensitive, so if you’re selling a condo, you’ll really need to pay close attention to the price relative to the condition.
This is a sponsored post by Eve Thompson of Reston Real Estate.
Limited housing inventory continues to be the watchword, though the large number of properties added in the past week with a status of Coming Soon may indicate that things will be losing up soon.
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.
Inventory is starting to pick up with a jump in housing inventory to 95 homes — 18 of those are in a “coming soon” status and the remaining 77 are active.
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This is a sponsored post by Eve Thompson of Reston Real Estate.
There were just nine new listings this past week in Reston. Possibly sellers have been distracted with the news, maybe they are waiting for the so-called spring market. Whatever it was, we are left with a tiny pool of properties for buyers to consider. The total number of homes for sale is 82, which breaks down to 71 active listings and 11 in a “coming soon” status.
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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.
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This is a sponsored post by Eve Thompson of Reston Real Estate.
With record low interest rates and people clamoring for a little more space, the Reston housing market wants to be soaring… wants to be… but is not. Why?
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.
It was an interesting year in Reston real estate. When the COVID-19 shutdowns hit, most agents were sure we’d be having a very difficult year. Oddly, after a quiet two or three weeks, most of us found ourselves busier than ever.
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.
Back in March when everything was shutting down I would never have predicted the speed at which the real estate market has continued to move.
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.
Thinking of selling in the spring? The time to start getting ready is now.