The inventory of Lakefront Community homes for sale in Reston was about 30 homes active on the market as of the 15th of January 2008 with new contracts running at about 6 a month. Consequently, the absorption rate for these homes is about 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. Visit Available Homes at http://www.reston-lakefront.com/ to view currently available Lakefront Homes in Reston Virginia.
The inventory of Condos for sale in Reston was about 150 homes active on the market as of the 15th of January 2008 with new contracts running at about 20 a month. Consequently, the absorption rate for these homes is about 7 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.
The inventory of townhomes for sale in Reston was about 125 homes active on the market as of the 15th of January 2008 with new contracts running about 22 a month. Consequently, the absorption rate for these homes is about 5 months on the market. Closed prices for townhomes in Reston are off by about 4% from the 2005 market high. Like to see currently available Townhomes in Reston ... visit http://www.reston-area.com/forsale.htm
The inventory of single family detached homes for sale in Reston was about 60 homes active on the market as of the 15th of January 2008 with new contracts running about 15 a month. Consequently, the absorption rate for these homes is about 4 months on the market. Closed prices this year for singles are down about 14% from the market high in 2005. Like to see currently available Single Family homes in Reston ... visit http://www.reston-area.com/forsale.htm
The inventory of homes for sale in Reston's Town Center area was about 70 homes active on the market as of the 1st of January 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 $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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