Housing inventory continues to be low, not a complete surprise given the holidays but when you look at the data a little closer you see there is still a lot of activity in the Reston real estate market.
Nine new properties have been listed in the last 10 days - and three of those are already under contract. There are a total of 67 properties that are fully available. Of those 67 properties slightly more than half have been on the market in excess of 30 days.
As I said last week, statistically, the longer a property sits on the market the bigger the gap between list price and contract price. One way to get a better fix on the pricing for your home is to go with your agent to preview houses and try to experience things from the consumers perspective.
Here are the new listings in Reston.
1594 Goldenrain Ct 3 BR 2.5 Bath 1589 Sq. Ft. $398,500