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Reston, VA Real Estate News

The inventory of homes for sale in Reston's Town Center area was 100 homes active on the market as of the 15th of August 2007. 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 $250k 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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The inventory of Lakefront  Community homes for sale in Reston was about 60 homes active on the market as of the 15th of August 2007 with new contracts running at about 20 a month.  Consequently, the absorbtion rate for these homes is about 3 months on the market.  Of these, Direct Lakefront homes appear to be selling off at a considerably faster absorbtion rate than other homes in the Reston area. 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 250 homes active on the market as of the 15th of August 2007 with new contracts running at about 30 a month.  Consequently, the absorbtion rate for these homes is about 8 months on the market.  Condos appear to be selling off at a considerably slower absorbtion rate than Townhomes and Singles in the Reston area. 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 160 homes active on the market as of the 15th of August 2007 with new contracts running about 55 a month.  Consequently, the absorbtion rate for these homes is about 3 months on the market.  Comparing the closed prices to the original list prices year-to-date ... Closing prices average about 4% below original list prices.  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 100 homes active on the market as of the 15th of August 2007 with new contracts running about 20 a month.  Consequently, the absorbtion rate for these homes is about 5 months on the market.  Comparing the closed prices to the original list prices year-to-date ... Closing prices average about 6% below original list prices.  Like to see currently available Single Family homes in Reston ... visit http://www.reston-area.com/forsale.htm
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The inventory of homes for sale in Reston's Town Center area was 120 homes active on the market as of the 1st of August 2007. 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 $250k 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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The inventory of Lakefront  Community homes for sale in Reston was about 68 homes active on the market as of the 1st of August 2007 with new contracts running at about 20 a month.  Consequently, the absorbtion rate for these homes is about 3.5 months on the market.  Of these, Direct Lakefront homes appear to be selling off at a considerably faster absorbtion rate than other homes in the Reston area. 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 256 homes active on the market as of the 1st of August 2007 with new contracts running at about 30 a month.  Consequently, the absorbtion rate for these homes is about 8 months on the market.  Condos appear to be selling off at a considerably slower absorbtion rate than Townhomes and Singles in the Reston area. 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 170 homes active on the market as of the 1st of August 2007 with new contracts running about 55 a month.  Consequently, the absorbtion rate for these homes is about 3 months on the market.  Comparing the closed prices to the original list prices year-to-date ... Closing prices average about 4% below original list prices.  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 100 homes active on the market as of the 1st of August 2007 with new contracts running about 20 a month.  Consequently, the absorbtion rate for these homes is about 5 months on the market.  Comparing the closed prices to the original list prices year-to-date ... Closing prices average about 6% below original list prices.  Like to see currently available Single Family homes in Reston ... visit http://www.reston-area.com/forsale.htm  
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By Pete Blondin
(ERA Teachers Inc)
The inventory of Lakefront  Community homes for sale in Reston was about 56 homes active on the market as of the 15th of July 2007 with new contracts (for the last 30 days) running at about 22 a month.  Consequently, the absorbtion rate for these homes is about 2.5 months on the market.  Of these, Direct Lakefront homes appear to be selling off at a considerably faster absorbtion rate than other homes in the Reston area. 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 238 homes active on the market as of the 15th of July 2007 with new contracts running at about 30 a month.  Consequently, the absorbtion rate for these homes is about 8 months on the market.  Condos appear to be selling off at a considerably slower absorbtion rate than Townhomes and Singles in the Reston area. 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 July 2007 with new contracts running about 55 a month.  Consequently, the absorbtion rate for these homes is about 3 months on the market.  Comparing the closed prices to the original list prices for the closings through 30 June ... Closing prices average about 4% below original list prices.  Like to see currently available Townhomes in Reston ... visit www.reston-area.com/forsale.htm 
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The inventory of single family detached homes for sale in Reston was about 100 homes active on the market as of the 15th of July 2007 with new contracts running about 28 a month.  Consequently, the absorbtion rate for these homes is about 3.5 months on the market.  Comparing the closed prices to the original list prices for the closings this year ... Closing prices average about 6% below original list prices.  Like to see currently available Single Family homes in Reston ... visit www.reston-area.com/forsale.htm
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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 1st of July 2007 with new contracts (for the last 30 days) running at about 15 a month.  Consequently, the absorbtion rate for these homes is about 4 months on the market.  Of these, Direct Lakefront homes appear to be selling off at a considerably faster absorbtion rate than other homes in the Reston area. Visit Available Homes at http://www.reston-lakefront.com/ to view currently available Lakefront Homes in Reston Virginia.
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The inventory of homes for sale in Reston's Town Center area was 116 homes active on the market as of the 1st of July 2007. 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 $250k 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 Condos for sale in Reston was 250 homes active on the market as of the 1st of July 2007 with new contracts running at about 33 a month.  Consequently, the absorbtion rate for these homes is about 8 months on the market.  Condos appear to be selling off at a considerably slower absorbtion rate than Townhomes and Singles in the Reston area. 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 165 homes active on the market as of the 1st of July 2007 with new contracts running about 55 a month.  Consequently, the absorbtion rate for these homes is about 3 months on the market.  Comparing the closed prices to the original list prices for the closings through 30 June ... Closing prices average about 4% below original list prices.  Like to see currently available Townhomes in Reston ... visit www.reston-area.com/forsale.htm
Comments 0
The inventory of single family detached homes for sale in Reston was about 100 homes active on the market as of the 1st of July 2007 with new contracts running about 25 a month.  Consequently, the absorbtion rate for these homes is about 4 months on the market.  Comparing the closed prices to the original list prices for the closings through 30 June ... Closing prices average about 8% below original list prices.  Like to see currently available Single Family homes in Reston ... visit www.reston-area.com/forsale.htm
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By Pete Blondin
(ERA Teachers Inc)
 The inventory of Condos for sale in Reston was 246 homes active on the market as of the 15th of June 2007 with new contracts running at about 37 a month.  Consequently, the absorbtion rate for these homes is about 6.5 months on the market.  Condos appear to be selling off at a considerably slower absorbtion rate than Townhomes and Singles in the Reston area. Visit Available Homes at http://www.reston-condos.com/ to view currently available condos in Reston Virginia.
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