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Reston, VA Real Estate News

By Tchaka Owen
(Galleria International Realty)
  US News & World Report released a piece that places Reston, VA in the Top Ten Brainiest places in the United States.  The report did not rank the top 10, it merely listed them alphabetically.  The piece based its assessment on "retirement destinations that attract highly educated folks".  Half of the cities are in areas known for very good schools such as Berkeley, CA, Chapel Hill, NC, Ann Arbor, MI and Brookline, MA. I've enjoyed my years of living in Reston and I do return frequently, this is just another tidbit to highlight the community in a positive manner.
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By Holly Weatherwax, A Great Real Estate Experience
( Associate Broker, Momentum Realty)
Total Listings Sold to date  in 2008:  161*Price range of all properties sold to date in 2008:  $112,000-$815,000 Detached Homes, Active :  43Detached Homes, under Contract:  27Detached Homes, Sold since 5/1/08:  11 Townhouses, Active:    101Townhouses, under Contract:   32Townhouses, Sold since 5/1/08:   19 Condominiums, Active:   81Condominiums, under Contract:   18Condominiums, Sold since 5/1/08:  10   Current Number of Listings:   225*Price Range:    $113,000 to $1,390,000 *This number may include listings that cannot be classified as detached home, townhouse or condominium   Futher information about sales and listing figures can be found at the following links: http://www.activerain.com/blogsview/501808/April-Sales-Listing-Figures http://www.activerain.com/blogsview/430499/Reston-V...
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By Holly Weatherwax, A Great Real Estate Experience
( Associate Broker, Momentum Realty)
Total Listings Sold to date  in 2008:  88*Price range of all properties sold to date in 2008:  $180,000-1,550,000 Detached Homes, Active :  42Detached Homes, under Contract:  15Detached Homes, Sold since 5/1/08:  9 Townhouses, Active:    35Townhouses, under Contract:   14Townhouses, Sold since 5/1/08:   17 Condominiums, Active:   15Condominiums, under Contract:   1Condominiums, Sold since 5/1/08:  3 Current Number of Listings:   93*Price Range:    $199,900 to $1,499,500 *This number may include listings that cannot be classified as detached home, townhouse or condominium. This information is reliable as of 6/08/08. Futher information about sales and listing figures can be found at the following links: http://www.activerain.com/blogsview/501826/April-Sales-Listing-Figures http://www.acti...
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The inventory of homes for sale in Reston's Town Center area was about 105 homes active on the market as of the 1st of June 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.  
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By Pete Blondin
(ERA Teachers Inc)
The inventory of Lakefront  Community homes for sale in Reston was about 55 homes active on the market as of the 1st of June 2008 with new contracts running at about 12 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.
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By Pete Blondin
(ERA Teachers Inc)
The inventory of Condos for sale in Reston was about 210 homes active on the market as of the 1st of June 2008 with new contracts running at about 40 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.
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By Pete Blondin
(ERA Teachers Inc)
The inventory of townhomes for sale in Reston was about 155 homes active on the market as of the 1st of June 2008 with new contracts running about 45 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
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The inventory of single family detached homes for sale in Reston was about 90 homes active on the market as of the 1st of June 2008 with new contracts running about 25 a month.  Consequently, the absorption rate for these homes is about 3.5 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
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By Bobby Samson
(Samson Realty)
Relay for Life. South Lakes High SchoolMay 31 - June 1, 2008 Relay for Life. South Lakes High School, 11400 South Lakes Drive, Reston. Presented by American Cancer Society. Relay For Life is a fun-filled, 18-hour, overnight event designed to celebrate survivorship and raise money to help the American Cancer Society save lives, help those who have been touched by cancer, and empower individuals to fight back against this disease. During the event, teams of people gather to take turns walking or running laps. It's much more than a walk around a track. It is also a time to remember those lost to cancer, a night for people who have shared the same experience to comfort and console one another. For more information, visit www.restonrelay.org.  
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By Donny Samson Team, Great Service at a Great Price
(Samson Properties)
Featured Homes for Sale in Northern Virginia for the week of May 28th. My newest listing is 20416 Cool Fern Sq in Ashburn was just put under contract after being on the market for only 2 weeks. For more information on any of these listings please call me directly at 703-864-4894 or visit my website at www.dmsamson.com UNDER CONTRACT IN 2 WEEKS 20416 Cool Fern SquareTownhouse 3 bedrooms 2 full/1 partial baths $259,900 1,307 sqft Ashburn, VA UNDER CONTRACT 9108 Bowler DriveTownhouse 4 bedrooms 4 full/1 partial baths $424,900 2,244 sqft Fairfax, VA 6328 Field Flower TrailTownhouse 3 bedrooms 3 full/1 partial baths $349,900 1,840 sqft Centreville, VA 9064 Tanyard LaneTownhouse 3 bedrooms 2 full/2 partial baths $449,999 2% in Closing Costs to Buyer! 1,712 sqft Lorton, VA UNDER CONTRACT 22521...
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By Donny Samson Team, Great Service at a Great Price
(Samson Properties)
Free concerts throughout the summer!  Time: Saturdays, June - August, 7:30 - 10:00 pm, rain or shine Place: Reston Town Center Pavilion, Reston Virginia 11900 Market Street, Reston, Virginia, 20190 Directions: From the Capital Beltway (495), take the Dulles Toll Road (Exit 45A/ Route 267 West). At Reston Parkway (Exit 12), turn right. To enter Reston Town Center, turn left at the third light onto New Dominion. Free garage parking   Contact: Call 703-912-4062 for further concert information JUNE 7 BEATLES INVASION Beatlemania Now (Beatles tribute) 14 Taste of the Town Event DANCE THRU THE DECADES The Monster Band (hits of the 70s thru today) *Pavilion area is a beer/wine garden 21 MUSIC FROM THE ISLANDS Strings, guitarists from Haiti (Caribbean, flamenco, Afro-Cuban) 28 RIO COMES TO RES...
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By Holly Weatherwax, A Great Real Estate Experience
( Associate Broker, Momentum Realty)
If you are in or around Reston this weekend, make it a point to drop by the Reston Arts Festival, at the Reston Towncenter. This is an annual event, held in May, and sponsored by GRACE.  The weather is great this weekend, so go by and check out some great exhibits by local, and not-so-local, artists. If you need more information about the location or hours of the festival, you can go to this link: http://restonarts.org/Festival/FestivalWelcome.htm Hopefully, you will get a chance to go by.  In years past they have had a great variety of displays and art for sale in all different mediums.  They also have children's workshops which makes it a great destination for the whole family. 
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The inventory of homes for sale in Reston's Town Center area was about 105 homes active on the market as of the 15th of May 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.
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By Pete Blondin
(ERA Teachers Inc)
The inventory of Lakefront  Community homes for sale in Reston was about 60 homes active on the market as of the 15th of May 2008 with new contracts running at about 10 a month.  Consequently, the absorption rate for these homes is about 6 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.
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By Pete Blondin
(ERA Teachers Inc)
The inventory of Condos for sale in Reston was about 220 homes active on the market as of the 15th of May 2008 with new contracts running at about 40 a month.  Consequently, the absorption rate for these homes is about 5.5 months on the market.  Condos sales appear to 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.
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By Pete Blondin
(ERA Teachers Inc)
The inventory of townhomes for sale in Reston was about 165 homes active on the market as of the 15th of May 2008 with new contracts running about 55 a month.  Consequently, the absorption rate for these homes is about 3 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
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The inventory of single family detached homes for sale in Reston was about 90 homes active on the market as of the 15th of May 2008 with new contracts running about 25 a month.  Consequently, the absorption rate for these homes is about 3.5 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
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17th Annual Northern Virginia Fine Arts FestivalTM Reston Town Center - Reston, Virginia May 17 & 18, 2008  The Northern Virginia Fine Arts FestivalTM is a top-rated annual juried street festival held in the heart of the elegant and bustling Reston Town Center. The two-day event, attracts over 50,000 patrons and provides an interactive experience to view, purchase, and experience art directly from the unique and talented artists who have created it. This year's festival will be held May 17-18, 2008 and will feature more than 185 artists as well as outstanding music and entertainment, lively activities for children, and delicious food. Now in its 17th year, the festival is well known for the high quality and wide variety of artwork. The Art Fair Source Book describes the Northern Virgini...
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By Holly Weatherwax, A Great Real Estate Experience
( Associate Broker, Momentum Realty)
Total Listings Sold to date  in 2008:  59*Price range of all properties sold to date in 2008:  $180,000-$1,160,000Detached Homes, Active :  37Detached Homes, under Contract:  17Detached Homes, Sold since 4/1/08:  7Townhouses, Active:    33Townhouses, under Contract:   23Townhouses, Sold since 4/1/08:   17Condominiums, Active:   17Condominiums, under Contract:   4Condominiums, Sold since 4/1/08:  3Current Number of Listings:   89*Price Range:    $199,900 to $1,699,000*This number may include listings that cannot be classified as detached home, townhouse or condominiumReston, Virginia is a planned community located in Fairfax County, Virginia. It is a suburb of Washington D.C. and is commonly included in the statistics for the Washington D.C. Metropolitan Area.  There are many types of ho...
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By Holly Weatherwax, A Great Real Estate Experience
( Associate Broker, Momentum Realty)
Total Listings Sold to date  in 2008:  120*Price range of all properties sold to date in 2008:  $157,000-$815,000Detached Homes, Active :  51Detached Homes, under Contract:  18Detached Homes, Sold since 4/1/08:  8Townhouses, Active:    101Townhouses, under Contract:   34Townhouses, Sold since 4/1/08:   12Condominiums, Active:   80Condominiums, under Contract:   16Condominiums, Sold since 4/1/08:  6 Current Number of Listings:   232*Price Range:    $118,500 to $1,490,000*This number may include listings that cannot be classified as detached home, townhouse or condominiumReston, Virginia is a planned community located in Fairfax County, Virginia. It is a suburb of Washington D.C. and is commonly included in the statistics for the Washington D.C. Metropolitan Area.  There are many types of...
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