Special offer

Reston, VA Real Estate News

The inventory of Lakefront  Community homes for sale in Reston was about 45 homes active on the market as of 1 August 2008 with new contracts running at about 10 a month.  Consequently, the absorption rate for these homes is about 4.5 months on the market.  Of these, Direct Lakefront homes appear to be selling off at a considerably faster rate than other homes in the Reston area. Spring is just around the corner ... If you'd like to live on one of Reston's lakes this summer ... This might be to moment to come out of for a look.  Visit Available Homes at http://www.reston-lakefront.com/ to view currently available Lakefront Homes in Reston Virginia.
Comments 0
By Pete Blondin
(ERA Teachers Inc)
The inventory of Condos for sale in Reston was about 180 homes active on the market as of 1 August 2008 with new contracts running at about 35 a month.  Consequently, the absorption rate for these homes is about 6 months on the market.  Condos sales have started to pick up in the Reston area. If you've been hanging back, this might be the moment to re-start your shopping.  Visit Available Homes at http://www.reston-condos.com/ to view currently available condos in Reston Virginia.  
Comments 0
By Pete Blondin
(ERA Teachers Inc)
The inventory of Condos for sale in Reston was about 180 homes active on the market as of 1 August 2008 with new contracts running at about 35 a month.  Consequently, the absorption rate for these homes is about 5 months on the market.  Condos sales have started to pick up in the Reston area. If you've been hanging back, this might be the moment to re-start your shopping.  Visit Available Homes at http://www.reston-condos.com/ to view currently available condos in Reston Virginia.  
Comments 0
By Pete Blondin
(ERA Teachers Inc)
The inventory of townhomes for sale in Reston was about 145 homes active on the market as of 1 August 2008 with new contracts running about 40 a month.  Consequently, the absorption rate for these homes is about 3.5 months on the market.  This might be a good time to jump back into the market ... There's a great selection and prices may be the best you've seen in three or four years.  Like to see currently available Townhomes in Reston ... visit http://www.reston-area.com/forsale.htm  
Comments 0
The inventory of single family detached homes for sale in Reston was about 75 homes active on the market as of 1 August 2008 with new contracts running about 18 a month.  Consequently, the absorption rate for these homes is about 4 months on the market.  Sales of single family homes have picked up in the last couple of months.  If you've been considering buying a single family, this might be the moment.  Like to see currently available Single Family homes in Reston ... visit http://www.reston-area.com/forsale.htm
Comments 0
By Ellen Crawford, Alpharetta Real Estate Agents & Alpharetta REALTOR
(Maximum One Executive REALTORS®)
Reston Virginia Homes for Sale - Reston Homes Market Report Single Family Detached Homes August 1, 2008.  There are over Active Listings 74 homes for sale in Reston Virginia as of today August 1, 2008.  (These are single family detached homes for sale and are fee simple home owner ship.)  This high price of actively listed Reston home for sale is $1,499,000 in the Falls Park subdivision and the low price of a Reston VA home for sale is $231,000 in the Reston subdivision.  There are 11 Reston homes under contract with a high price of $1,199,000 and the low price in Reston Va of $231,000. 2 Reston Homes are under contract with a 'Cntg/KO' and 13 with a 'Cntg/NO KO' Reston homes - 2 'Cntg/KO' Reston homes - 13 'Cntg/NO KO' Reston homes- 11 'Contract'
Comments 0
By Keller Williams Great Falls, Mclean
(Keller Williams, Serving Mclean, Arlington & Reston areas)
We have another delighted first time buyer right here in Reston. Having met this lovely dynamic young couple from their visit to one of our open Houses they decided they wanted to work with a local realtor who they could trust and would listen to their needs and desires and search out the appropriate answers for their new home. This was exactly what was happening when we found this gem of all gems right in the heart of Reston, Virginia. This 2 bedrooms and 2 bath unit even boasts a loft, who would of ever guessed wed be able to negotiate a lower than asking price for this unbelievable find? We had searched days and weeks and now we had found the one! Without hesitation we wrote the contract and negotiated a lower than asking price, we settled a few short weeks after and again satisfied ...
Comments 0
By Keller Williams Great Falls, Mclean
(Keller Williams, Serving Mclean, Arlington & Reston areas)
Situated around the north side of Lake Newport in Reston Virginia (20194) this community boasts beautiful homes with an elegant yet casual feel, perfect for you to let your hair down or have formal guests over for a visit. Currently there are 2 on the market ranging from $950K to just under $1.3m. Long and Foster 's Bonnie Haukness offers: http://slideshow.mris.com/slideshow.cfm?ListingKey=90001648766 Remax's Casey Margenau offers: http://slideshow.mris.com/slideshow.cfm?ListingKey=90005206136  As a local resident to Reston I recently took a jog on the path the winds its way around this calming setting- Here a couple snapshots I took with my IPhone or found via the web that really show the serenity of this amazing oasis. Call me today if you'd like to learn more
Comments 0
By Keller Williams Great Falls, Mclean
(Keller Williams, Serving Mclean, Arlington & Reston areas)
This happens and as a matter of fact just recently to me... Here are easy to follow instructions that I learned along the way that could preserve the deal and the customers earnest money deposit. SCENARIO: 1. Referral comes in from existing client for their contact in another jurisdiction 2. Referral goes right back out to agent in that area 3. Accepting agent takes customer out and shows houses 4. Customer initiates contract and begins loan processes 5. LOAN IS DECLINED on the day before settlement......YIKES..... WHAT IS A CUSTOMER TO DO? SOLUTION: 1. STAY IN FULL COMMUNCIATION WITH YOUR AGENT- they are your advocate and not be dismissed. This is not a reason to be ashamed or embarassed but rather they can help you through what is probably the lender simply needing additional informat...
Comments 0
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
FORECLOSURES * REO * BANK OWNED * RESTON * FIRST TIME HOME BUYERS GRANT FIRST TIME HOME BUYERS in Virginia, this is an opportunity to enjoy your first home purchase and we can help.  Many First Time Home Buyers qualify for a $10,000 GRANT which can be used for down payment and/or closing. NOW is a good time to buy your first home.  You may qualify for the First Time Home Buyers GRANT to help you with down payment and/or closing costs. FIRST TIME HOME BUYERS $10,000 GRANT FORECLOSED HOMES FOR SALE IN RESTON as of February 4, 2009. City Zip5 ListPrice ClosePrice BR FB HB # Gar Lot Acres YrBlt Reston 20191 $355,000   3 2 2   0.034 1981 Reston 20190 $249,900   3 2 1   0.044 1967 Reston 20191 $449,900   4 2 1 2 0.496 1976 Reston 20191 $269,900   3 2 2   0.039 1974 Reston 20191 $85,500   2 2 ...
Comments 3
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
RESTONWATERFRONT HOMES OFFER SO MUCH TO HOME BUYERS WHO WANT THAT EXTRA BENEFIT, THE ABILITY TO WALK TO THE WATER.  Perhaps a home buyer is thinking of a vacation home on the water.  You can have a water front home in Reston and live there year round and enjoy that spectacular view every day. WATERFRONT HOMES FOR SALE IN RESTON SUMMER 2009. City Zip5 ListPrice   BR FB HB # Gar Lot Acres YrBlt Reston 20190 $558,000   3 2 1   0.03 1965 Reston 20191 $625,000   3 3 1   0.044 1980 Reston 20194 $1,098,000   4 4 1 2 0.268 1991 Reston 20194 $1,150,000   4 3 1 2 0.161 1995 Reston 20191 $524,900   4 2 1 2 0.059 1981 Reston 20191 $449,900   2 2 1 1   1981 Reston 20191 $1,195,000   4 3 1 3 0.399 1980 Reston 20190 $219,900   2 1 0     1966 Reston 20191 $384,900   3 2 1   0.026 1987                  ...
Comments 0
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
RESTON, A COMMUNITY PLANNED TO BE WONDERFUL!    YES!  These are waterfront homes in Reston.  Lake Newport and Lake Anna in Reston, Virginia - Water front homes in Reston are popular and priced right.  Water front homes in Reston, homes on Lake Anna, Lake Fairfax, Lake Audubon, Lake Thoreau, or South Lake,  many have water access, docks, piers and docking facilities. CNN/MONEY SAYS "BEST PLACES TO LIVE" RESTON FINALIST Reston, VATop 100 rank: 43Population: 60,000 RESTON AMENITIES INCLUDE OUTDOOR ACTIVITIES FOR SHOPPERS OR STROLLERS.                                                  Reston, a growth community with 3 residential Zip Codes, 20190, 20191, 20194 including over 23,300 deeded properties.  Reston is more than a community in Northern Virginia. Reston is a town with 3 residential z...
Comments 9
By Laura Rubinchuk Schwartz, Your Northern Virginia and D.C. Realtor
(Keller Williams Realty)
Another local area was ranked in the 2008 Money Magazine Top 100 Best Place to live: Reston. It's no wonder that Reston was ranked, it is suburban living at it's best. With Reston Town Center at the heart of the city, it providing shopping, dining, and concerts in the summer, and ice skating in the winter; it's a great place to grow a family with all of the conviences of a big city. Reston Town Center is surrounded by condos, and nearby townhouses. There are also beautiful Single-Family homes just on the outskirts of the town center. Currently over 400 properties are for sale in Reston: ranging from $120,000 to $1,600,000. Want to check out what Reston has to offer? Give me a call! Laura Rubinchuk, 703.283.6120
Comments 1
The inventory of homes for sale in Reston's Town Center area was about 105 homes active on the market as of July 15 2008. The available homes run the full spectrum of condos through townhomes from brand new to about 15 years in age.  Prices ranged from a low of about $200k to a high of $2 million.  Visit Available Homes at http://www.restontowncenter-homes.com/ to view currently available Reston Town Center Homes.
Comments 0
By Pete Blondin
(ERA Teachers Inc)
The inventory of Lakefront  Community homes for sale in Reston was about 45 homes active on the market as of July 15 2008 with new contracts running at about 10 a month.  Consequently, the absorption rate for these homes is about 4.5 months on the market.  Of these, Direct Lakefront homes appear to be selling off at a considerably faster rate than other homes in the Reston area. Spring is just around the corner ... If you'd like to live on one of Reston's lakes this summer ... This might be to moment to come out of for a look.  Visit Available Homes at http://www.reston-lakefront.com/ to view currently available Lakefront Homes in Reston Virginia.
Comments 0
By Pete Blondin
(ERA Teachers Inc)
The inventory of Condos for sale in Reston was about 195 homes active on the market as of 15 July 2008 with new contracts running at about 35 a month.  Consequently, the absorption rate for these homes is about 6 months on the market.  Condos sales have started to pick up in the Reston area. If you've been hanging back, this might be the moment to re-start your shopping.  Visit Available Homes at http://www.reston-condos.com/ to view currently available condos in Reston Virginia.
Comments 0
By Pete Blondin
(ERA Teachers Inc)
The inventory of townhomes for sale in Reston was about 160 homes active on the market as of July 15 2008 with new contracts running about 35 a month.  Consequently, the absorption rate for these homes is about 4 months on the market.  This might be a good time to jump back into the market ... There's a great selection and prices may be the best you've seen in three or four years.  Like to see currently available Townhomes in Reston ... visit http://www.reston-area.com/forsale.htm
Comments 0
The inventory of single family detached homes for sale in Reston was about 80 homes active on the market as of the July 15 2008 with new contracts running about 16 a month.  Consequently, the absorption rate for these homes is about 5 months on the market.  Sales of single family homes have picked up in the last couple of months.  If you've been considering buying a single family, this might be the moment.  Like to see currently available Single Family homes in Reston ... visit http://www.reston-area.com/forsale.htm
Comments 0
By Holly Weatherwax, A Great Real Estate Experience
( Associate Broker, Momentum Realty)
Back when I was a kid, the Reston Festival was the highlight of my summer. I vaguely remember Lake Anne festivals, but really it really  sticks in my mind when it was at Browns Chapel. These days you will find it at Reston Town Center, but the spirit of the festival remains true to the original goals--bring Restonians together to celebrate the culture and people of Reston. The Festival is being held this weekend, Saturday July 12, 2008, 10 am to 10 pm and Sunday, July 13, 2008 , 10 am to 7 pm.  You can get more information about the festival at: http://restonfestival.com/
Comments 0
By Glenda Cherry, Realtor / Photographer
(Keller Williams Realty)
As of July 7, 2008, there are 423 active residential listings in Reston and the average number of days on market is 105. The list prices range from $109,900 to $1,600,000; the average list price is $451,758 and the median is $359,900 The current market absorption rate is 4.65. 91 residential sales in Reston closed during the month of June 2008 (up from 83 sales closed in May). These sales ranged in price from $129,980 to $1,547,500. The average list price was $459,700 (up from $403,737 in May) and the average net sales price (less seller concessions) was $441,058 (up from $386,489 in May). The median list price was $420,000 (up from $350,000 in May) and the median net sales price was $398,500 (up from $335,000 in May). For sales closed in June, the number of days on market ranged from 1...
Comments 0