Reston real estate statistics for 20191 are below and updated by the 13th of every month. These are interactive charts so you can remove and add any of the colored lines by clicking on the legend below each graph.
You will find, some of the more important Reston real estate market statistics to help see overall trends. I have also given brief overviews of each graph to explain its importance to the 20191 market. The 20191 area of Reston include the neighborhoods of Polo Fields, Fox Mill Woods, and of course the Reston HOA which covers most of the 20191 zip. Please contact me if you want specific market statistics for any of these neighborhoods.
Real Estate Market Gauge for Reston, 20191:
Reston Real Estate Activity 20191:
Here you will find the active listings (supply) and closed sales (demand) of the Reston real estate market over the last 12 months. Also included are the number of new listings and pending listings, which are the properties under contract. This information is useful to home sellers and buyers to understand the current trends and possible pressure on price in Reston. The smaller the gap between the active listings (yellow line) and the sold listings (blue line), the more we are in a sellers market in 20191. This can cause an upward movement of prices.
Median Sold Price of Reston Homes, 20191:
This graph shows the median sold price over the last three years for Detached Homes, Town Homes, and condos in the Reston real estate market statistics for 20191. This gives a current price trend to home sellers and buyers to gauge the general direction of prices. At times this graph may show some spikes which is caused by a low number of home sales or a high priced luxury home sale in that particular month.
Avg. Home Sales Price vs. List Price Ratio in Reston:
Pricing real estate correctly in Reston is critical to home sellers to net the most money while avoiding a stale listing distinction. This bar graph illustrates the percentage of list price to sold price ratio and can help sellers determine what the average home buyer is negotiating from list price. This can help avoid overpricing a home which can scare off potential buyers. Finding the “sweet spot” for a seller’s unique situation is what a professional real estate agent can do when it comes to pricing a home.
I have broken this graph down into price ranges since sometimes different price ranges can have different results. (Example of Calculation: Ratio of 97.2% means seller and buyer negotiated 2.8% off the list price) (****this does not include any negotiated seller paid closing costs for the buyer)
Reston Supply of Homes, in Months:
Below are the number of months it would take to sell the current listings in Reston, broken down into multiple price ranges. As you can see, breaking these results into price ranges paints a different picture for a $300k home as compared to a $900k. A general rule of thumb is, the higher the value of a home the longer it generally takes to sell.
Just Listed Homes For Sale in Reston, 20191
$224,000 : 11645 STONEVIEW SQ #22C, RESTON3 beds, 2 baths
$259,999 : 11118 BEAVER TRAIL CT #11118, RESTON2 beds, 2 baths
$235,000 : 11721 KARBON HILL CT. #T1, RESTON2 beds, 2 baths
$262,000 : 2237H LOVEDALE LN #409B, RESTON2 beds, 2 baths
$235,000 : 11839 SHIRE CT #31D, RESTON2 beds, 1 bath
$179,900 : 2038 ROYAL FERN CT #2A, RESTON1 bed, 1 bath
$460,000 : 2154 GLENCOURSE LN, RESTON2 beds, 3 baths
$449,900 : 2330 OLD TRAIL DR, RESTON4 beds, 2 baths
See all new Listings in Reston, 20191.
(all data current as of 12/14/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.