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Reston, VA

Reston Home Sales Report 20194. February 2012. Sales Prices and Days on Market Trends. Video

Steve and Jan Bachman--Northern Virginia Realtors: Real Estate Agent in Herndon, VA

reston town center

What has been happening with Reston home prices in zip code 20194 over the last 5 years?

How many days does it take to get a contract on homes for sale here?

The graph of median home prices below is very erratic for 2 reasons: 20194 is a small zip code with relatively light sales volume and the prices are for all types of property....apartment style condos as well as townhouses and single family homes.

One month might feature many condo sales, while another might have just single family transactions. Result? Wide price disparity from one month to another.

A better measurement of the underlying strength of the market trend is the Fairfax county graph just below 20194.



Prices bottomed in Fairfax County January 2009 and have been working their way up since, with seasonal drops...mostly in the winter, but not always...interesting.

You can hover your cursor over the following graphs for specific monthly data...they are interactive.

Reston Baldwin Grove 20194

In the last year, the number of days it has taken to get a viable contract on a home in 20194 has improved.

As you can see, homes are selling pretty fast with the normal exception of January and February.





reston town center



8 Condos for sale in 20194 February 13


15 Townhouses for Sale


14 Single Family Homes for Sale in 20194











Virginia Landscape Photographer and Realtor Steve Bachman

Each Reston neighborhood and zip code has its own price trends and home sales data, so if you have questions about your specific home value or community trends, please drop us a line.

Keeping folks aware of price and days on market trends is part of our job and it is our pleasure to provide you with a custom report.



If you are unfamiliar with Reston, here are a couple video posts we made to help folks get acquainted:

Reston Virginia: How it came to be. Video of Lake Anne Village Center


reston the beautiful


Also, if you or friends are planning a move anywhere in the country, please let us know so we can put you in touch with the experienced and helpful agents we know around the US.

We work diligently to build relationships with the best folks in our profession in both the US and Canada.



reston town center

There is no reason for you to take your chances cruising the Internet randomly or calling off Realtor's yard signs when you get where you are going.

Good agents are happy to prepare the way for your arrival and get you all the info you need on the housing options that are available to you in your next port of call....with no hassle and no pressure.

Don't forget, you can set up your own private home search right here. No one will bother you.Search for Northern Virginia Homes Like an Agent

Just play around. No hassle, no spam, we won’t bug you. Fresh listings emailed to you. Want more info. Drop us a line. You’re in control.



Want to take a tour of homes you like in Herndon, Reston or Sterling? Please drop us a line and we will make the arrangements.

Reston real estate agents, homes for sale in Reston, Townhouses for sale in Reston, Listing Agents in Reston, condos for sale in Reston, new homes in Reston, Reston home buyer's agents, Steve and Jan Bachman real estate.






Want a Job? Move to Reston. We Have Them for You and your Sister.

Steve and Jan Bachman--Northern Virginia Realtors: Real Estate Agent in Herndon, VA

Welcome home to Reston VALive and work in Reston VA.

Sorry... this is a long blog post with lots of pictures.

If you have no interest in jobs or Reston don't read it.

It has to be long to scratch the surface of the economic and natural beauty that can be found here.

You can get to all these offices easily by bicycle or internal commuter bus.

It is time you relocate to the US' first planned community and the hottest job market in the country...most of the world comes here too! Makes for great food!!!





If you can ride a bike, you can get to all these places easily

Man that's a good photo. United Healthcare...water front.

Unisys peeks through the trees

OK. So you do not think that buildings are beautiful.

Well, unless you are a subsistence farmer, you will need a job and a building to work in.

Jobs are nice...so are pay checks. Reston has an unemployment rate of less than 3%, while the current national number is over 9%.

Money Magazine ranked Reston 37th best place to live in 2008...shows that they must not have visited!

Sprint/Nextel has its own fountain

Oh, and in Reston we do not just line 'em up in ugly office parks.

Most buildings are hard to find since they are hidden by trees and sited high or low depending on the most aesthetic sight line.

We think of that sort of thing here.


Not a bad looking place to work!
6 of the countries highest median family income counties are in the Washington DC area.

Fairfax county where Reston is located is #2 in the nation with its neighbor Loudoun ranked #1.

Oh, by the way, if you live in Reston.... Loudoun's high tech corridor on Route 28 around Dulles Airport is only 3-5 miles away.

Tyson's Corner, which has more office space than downtown Dallas Texas is only 6 miles up the Dulles toll road.

This area has the hottest job market in the nation...and it is the most protected from job loss...always has been.



Who is here?

A couple of Oracle employees enjoy lunch break
Accenture
BAE Systems,
Fannie Mae,
Hyatt Regency Reston
IBM
General Dynamics


L-3 Communications Titan
Lafarge North America,
Lockheed Martin,

\

 Northrop Grumman is everywhere!!!

Microsoft

Oracle

Qinetiq North America
Raytheon,
Sallie Mae
SI International
Siebel (now part of Oracle)
Sprint Nextel
Unisys
U.S. Geological Survey.
X/O Communications





...and NO you do not have to have a double masters degree in computer science or engineering to work in Reston. Although that never hurts.




This beauty is within walking distance of Town CenterReston Jobs

Provided by Wikipedia

Reston, Virginia

Reston is an internationally known planned community whose goal was to revolutionize post-World War II concepts of land use and residential/corporate development in American suburbia.
Reston is an unincorporated census-designated place located in western Fairfax County, Virginia in the Washington, D.C. metropolitan area.
As of the latest unofficial estimates, Reston has a population of 60,353. Although it is not a city and does not have a traditional central business district, the Reston Town Center is becoming a focal point or "downtown" for business and transportation connections within the community, with several high-rise office buildings and condos and apartments, restaurants, a cinema, a hotel, and shops.
Some municipal, government-like services are provided by a nonprofit corporation, Reston Association. Reston also straddles the Dulles Technology Corridor and is home to the world headquarters of three Fortune 500 corporations, , as well as the United States Geological...more

Reston CareersRolls Royce at Reston Town Center

Among the most common occupations in Reston are Management, professional, and related occupations, 60%. Sales and office occupations, 21%. and Service occupations, 9%.
Approximately 76 percent of workers in Reston, Virginia work for companies, 16 percent work for the government and 5 percent are self-employed.

Popular Reston Jobs


Live or have lunch break at Lake Anne CenterReston Industries

The leading industries in Reston, Virginia are Professional, scientific, management, administrative, and waste management services, 25%; Educational, health and social services, 13%; and Information, 11%.
Simply Hired's Reston job listings indicate that the following industries in Reston are hiring the most workers: Hospitals, Computer Makers, Computer Equipment Mfg, Computer Storage Device Mfg and Software Makers.

Reston Job Salaries

According to government data, the average salary for jobs in Reston, Virginia is $58,038, and the median income of households in Reston was $80,018.

Reston Unemployment RatePlay here! Reston surrounds two courses.

Reston has an unemployment rate of 2.9%, compared the national average of 5.8%.


According to our Reston Trends data, the number of Reston, Virginia jobs has increased by 95% since August 2008.
Reston job trends



Cherry Blossoms engulf the Reston sign

Reston Virginia Single Family (Detached) Sales as of 1 February 2012

02-07-12
Pete Blondin
Pete Blondin: Real Estate Agent in Reston, VA

The inventory of single family detached homes for sale in Reston was 28 homes active on the market as of 1 Feb 2012 with new contracts running about 10 a month. Consequently, the absorption rate for these homes is about 3 months on the market. 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

Reston Virginia Townhome Sales as of 1 February 2012

02-07-12
Pete Blondin
Pete Blondin: Real Estate Agent in Reston, VA

The inventory of townhomes for sale in Reston was 39 homes active on the market as of 1 Feb 2012 with new contracts running about 21 a month. Consequently, the absorption rate for these homes is about 2 months worth 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

Reston Virginia Condo Sales as of 1 February 2012

02-07-12
Pete Blondin
Pete Blondin: Real Estate Agent in Reston, VA

The inventory of Condos for sale in Reston was about 44 homes active on the market as of 1 Feb 2012 with new contracts running at about 22 a month. Consequently, the absorption rate for these homes is about 2 months worth on the market. Condos sell at a crisp rate 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.