Fairfax County, VA Real Estate News

2020 Reston Detached Home Final Sales Results …  Based on BrightMLS data, 284 detached homes sold in 2020 compared to 271 in 2019.  The average closed sales price for detached homes of $798,716 represented a 10.4% increase from the 2019 average of $723,338.  To see currently available detached ho... 01/04/2021

2020 Reston Townhome Final Sales Results …Based on BrightMLS data, 601 townhomes sold in Reston during 2020 compared to 538 in 2019.   The average closed sale price for townhomes of $526,380 represented an 8% increase from the 2019 average of $486,477.  To see currently available town homes in Re... 01/04/2021

2020 Reston Condo Sales Final Results.Based on BrightMLS data, 514 condos sold in Reston during 2020 compared to 552 in 2019.  The average closed sale price of $345,160 represented an 1.5% decrease from the 2019 average of $350,266.   To see currently available condos in Reston … visit  www.Resto... 01/04/2021

Link to Reston’s Million $ Plus Homes – 15 Dec 2020 …Based on BrightMLS data, there’s about 40 homes currently for sale or already sold in Reston over the past couple years.  Here’s an opportunity to take a peek at these very special homes … http://bit.ly/RestonsBest ... To see just currently ava... 12/15/2020

Homes Near Tyson’s Corners’ Silver Line Metro Stations – 15 Dec 2020Metro’s Silver Line’s Phase 2 extending to Dulles Airport is currently planned for mid-2021.  There are a number of homes (of all types) located within walking distance of the new and planned Silver Line stations (w/i a radius of... 12/15/2020

Homes Near Herndon’s Silver Line Metro Stations – 15 Dec 2020 …Metro’s Silver Line’s Phase 2 extending to Dulles Airport is currently planned for mid-2021.  Parking for the Herndon Station has already been expanded. There are a number of homes (of all types) located within walking distance of the... 12/15/2020

Homes Near Reston’s Silver Line Metro Stations – 15 Dec 2020 …Metro’s Silver Line’s Phase 2 extending to Dulles Airport is currently planned for mid-2021.  There are a number of homes (of all types) located within walking distance of the new and planned Silver Line stations (w/i a radius of 1 mil... 12/15/2020

Reston Virginia Reston Town Center Home Sales as of 15 Dec 2020 …The inventory of homes for sale in Reston's Town Center area was about 50 homes active on the market as of 15 Dec 2020. The available homes run the full spectrum of condos through townhomes from almost new to about 20 years in age. ... 12/15/2020

Reston Virginia Lakefront Home Sales as of 15 Dec 2020 …The inventory of Lakefront Community homes for sale in Reston was 7 homes active on the market as of 15 Dec 2020.  Direct Lakefront homes typically sell off at a faster rate than other homes in the Reston area. If you'd like to live on one o... 12/15/2020

Herndon Virginia Condo Sales as of 15 Dec 2020 …The inventory of Condos for sale in Herndon was 31 homes active on the market as of 15 Dec 2020. There are quite a few new townhomes under condominium ownership available in Herndon’s two Zip Codes.  If you've been hanging back, this might be the mo... 12/15/2020

Reston Virginia Condo Sales as of 15 Dec 2020 …The inventory of Condos for sale in Reston was about 67 homes active on the market as of 15 Dec 2020 with new contracts running at about 40 in the last month. Consequently, the absorption rate for these homes is about 2 month's worth on the market. I... 12/15/2020

Reston Virginia Townhome Sales as of 15 Dec 2020 …The inventory of townhomes for sale in Reston was 29 homes active on the market as of 15 Dec 2020 with new contracts running about 57 in the last month. Consequently, the absorption rate for these homes is less than 1 month's worth on the market. ... 12/15/2020

Reston Virginia Single Family (Detached) Sales as of 15 Dec 2020The inventory of single family detached homes for sale in Reston was 4 homes active on the market as of 15 Dec 2020 with new contracts running about 8 in the last month. Consequently, the absorption rate for these homes is less than ... 12/15/2020

Herndon Virginia Condo Sales as of 10 Dec 2020 …The inventory of Condos for sale in Herndon was 45 homes active on the market as of 1 Dec 2020. There are quite a few new townhomes under condominium ownership available in Herndon’s two Zip Codes.  If you've been hanging back, this might be the mom... 12/12/2020

Reston Virginia Condo Sales as of 10 Dec 2020 …The inventory of Condos for sale in Reston was about 94 homes active on the market as of 1 Dec 2020 with new contracts running at about 41 in the last month. Consequently, the absorption rate for these homes is about 2 month's worth on the market. If... 12/12/2020

Reston Virginia Townhome Sales as of 1 Dec 2020 …The inventory of townhomes for sale in Reston was 45 homes active on the market as of 1 Dec 2020 with new contracts running about 58 in the last month. Consequently, the absorption rate for these homes is less than 1 month's worth on the market. If... 12/08/2020

Reston Virginia Single Family (Detached) Sales as of 1 Dec 2020The inventory of single family detached homes for sale in Reston was 9 homes active on the market as of 1 Dec 2020 with new contracts running about 24 in the last month. Consequently, the absorption rate for these homes is less than 1... 12/08/2020

Another Day in the Life of a Centreville Listing AgentStarting this week, it looked as though a few of my deals that were slotted to close were having delays.  No one likes a delay, but delays are minor problems.  If a buyer can still close, but a lender needs more time, generally it is not a big... 12/03/2020

Buyers Aren't Looking For Homes Before the Holidays, Are They? There are plenty of agents in my own marketplace that create self-fulfilling prophecy that there isn't anything that happens in the world of real estate between November and December.  Each year, those agents overlook opportunities to... 11/25/2020

Oh, I Don't Think So...Today I had the pleasure of helping a buyer client tour property.  For the first time since we had started this adventure in early summer, every property we found had possibility.  And out of the three, two of them were in the running for an offer from my buyer.  It was a g... 11/20/2020