Reston Virginia Real Estate Sales Market Report for November 2009

MyFairfaxCountyRealEstate.com

November 2009 Reston Real Estate Sales Market Report

*120 Active Homes

Summary

Townhome numbers were down this month in Reston.  SFH and condos stayed the same. Distressed properties declined again this month in Reston.  You need to act quickly if you find a great deal. 

Contact me if you are looking to buy or sell soon. We would be honored to work with you.

Single Family Homes Reston

• Sold Reston Homes in November 2009: 18 homes
• Average Sold Price: $596,119
• Median Sold Price: $510,000
• Homes sold for about: 97.7% of asking price
• Average Days on Market: 110 days 

Out of the 18 Reston home sales in November - 3 (17%) were distressed (foreclosure, bank owned, short sale).

Townhomes in November

• Sold Reston Townhomes in November 2009: 30 homes
• Average Sold Price: $393,208
• Median Sold Price: $340,000
• Homes sold for about 98.2% of asking price
• Average Days on Market: 39 days

Out of the 30 Reston townhomes that sold in November - 4 (13%) were distressed (foreclosure, bank owned, short sale).

Condos in Reston

• Sold Reston Condos in November 2009: 45 homes
• Average Sold Price: $272,067
• Median Sold Price: $242,000
• Homes sold for about 99% of Asking price
• Average Days on Market: 42 days

Out of the 45 Reston condos that sold in November - 16 (36%) were distressed (foreclosure, bank owned, short sale).


Reston zip codes - 20190, 20191, 20194, 20195, 20196, 22096

  Email: natejohnson@kw.com

703-725-2929