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December 2011 Market Report for Reston, VA 20194

01-20-12
Holly Weatherwax--Your Realtor® in Northern VA
Holly Weatherwax--Your Realtor® in Northern VA: Real Estate Agent in Reston, VA
  • view my blog
  • Office: (571) 643-4902 x
Here is a report on the market activity for Reston, VA, 20194 zip code, for December 2011.

20194 December 2011 v. December 2010 Sales

December is a notoriously slow month for real estate in the Northern Virginia area. This December did not behave any differently. In fact, this December was even slower than December of 2010 in the 20194 zip code--and in all of Reston (click here for the 20191 Market Report and for the 20190 Market Report).

While consumer confidence is slowly regaining its foothold, buyers are still reluctant to move forward. Retail sales saw growth in November and December which could mean that consumers were spending their time and money on retail, rather than real estate, purchases.

3 Bedroom Townhouses continued to be the most popular homes sold in 20194 with the Average sold price up from the December 2010 average of $479,000 to the December 2011 average of $510,557, a 6.59% increase.

Detached, 4 Bedrooms+ homes saw the greatest price decline with the average sales price in December 2010 being $846,000 and the December 2011 average price at $706,875. This was a decrease in average price of -16.45%. It was a relatively few number of homes, 4 in 2011 and 5 in 2010, that impacted this average price.

The inventory in the 20194 zip code continues to be tight. Assuming more buyers get into the market this spring, it could create more favorable condtions for sellers than we have seen in a while.

If you are interested in finding out more about properties available in the 20194 zip code, text, call or email me at 571-643-4902, hollyweatherwax@mris.com.



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December 2011 Market Report for Reston, VA 20190

01-20-12
Holly Weatherwax--Your Realtor® in Northern VA
Holly Weatherwax--Your Realtor® in Northern VA: Real Estate Agent in Reston, VA
  • view my blog
  • Office: (571) 643-4902 x
Here is the December 2011 market activity report for Reston, VA, 20190 zip code (North of the Toll Road, south of Baron Cameron Avenue, includes Lake Anne and the Reston Town Center).
Market Report Reston, VA 20190 December 2011

December is a notoriously slow month for real estate in the Northern Virginia area. This December did not behave any differently. In fact, this December was even slower than December of 2010 in the 20190 zip code--and in all of Reston (click here for the 20194 Market Report and for the 20191 Market Report).
While consumer confidence is slowly regaining its foothold, buyers are still reluctant to move forward. Retail sales saw growth in November and December which could mean that consumers were spending their time and money on retail, rather than real estate, purchases.

Condominium sales made up the bulk of home purchases in the 20190 zip code for December of 2011, with 12 units sold. This was down from December of 2010, when 23 units sold. The average sold price, however was up 12.75%, from $335,726 to $378,544.

The 20190 zip code had only 2 detached homes sell in December. While this number looks very low, only 3 detached homes sold in December of 2010. This zip code has a large number of condominiums and townhouses relative to the number of detached homes. The average price, insignificant when only factoring two homes, does not help at all given that the 2 homes sold were atypical detached homes: a 2 bedroom ($160,000) and a 3 bedroom ($210,000).

In the Lake Anne/Reston Town Center area, 7 townhouses sold last month, compared to 10 in December 2010. The prices trends are not clear, given that they were significantly up in some categories and significantly down in others.

In December 2011, the 20190 zip code had 7 townhouses sold,2 detached homes and 12 condominiums. These numbers were significantly lower than in December 2010 when there were 10 townhouses, 3 detached homes and 23 condos sold, indicating that demand was down in December 2011.

If you are interested in finding out more about properties in the 20190 zip code, text me, call me or email me at 571-643-4902 or hollyweatherwax@mris.com.
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December 2011 Market Report for Reston, VA 20191

01-20-12
Holly Weatherwax--Your Realtor® in Northern VA
Holly Weatherwax--Your Realtor® in Northern VA: Real Estate Agent in Reston, VA
  • view my blog
  • Office: (571) 643-4902 x

Here is a market report for Reston, VA, 20191 (South of the Toll Road), for December 2011.


Market Report for 2011, December 2011

December is a notoriously slow month for real estate in the Northern Virginia area. This December did not behave any differently. In fact, this December was even slower than December of 2010 in the 20191 zip code--and in all of Reston (click here for the 20194 Market Report and for the 20190 Market Report).
While consumer confidence is slowly regaining a foothold, buyers are still reluctant to move forward. Retail sales saw growth in November and December, which could mean that consumers were spending their time and money on retail and car, rather than real estate, purchases.

In South Reston, 3 Bedroom Townhouses continued to be the most popular homes sold with the Average sold price slightly down from the December 2010 average of $346,200 to the December 2011 average of $342,389, a 1.10% decrease. In December of 2010, 21 townhouses were sold, while this December 14 were sold.

The average price for a detached, 4 Bedrooms+ home sale was up in South Reston, the number of units sold was down significantly. In 2010 the average sold price was $504,429. In 2011, the average sales price was $573,333 which was an increase of 13.66%. December 2011 saw the sale of only 4 detached homes, compared with the sale of 15 detached homes in December 2010.

Condominium sale prices were up 10.13% with an average sale price in December 2011 of $186,429 as compared to the December 2010 average of $169,284. Last year, 13 condos were sold as compared to only 7 this year in the month of December.

Overall, the numbers were down, acrosss the board. In December 2011, the 20191 zip code had 14 townhouses sold, 4 detached homes and 7 condominiums. These numbers were significantly lower than in December 2010 when there were 21 townhouses, 15 detached homes and 13 condos sold.

If you are interested in finding out more about properties in the 20191 zip code, text me, call me or email me at 571-643-4902 or hollyweatherwax@mris.com.
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Reston VA 20190 Home Sales Real Estate Statistics

01-11-12
Ellen Crawford-Virginia & Maryland Real Estate
Ellen Crawford-Virginia & Maryland Real Estate: Real Estate Agent in Fairfax, VA
  • view my blog
  • Office: (703) 722-1690
  • Mobile: (703) 722-1690
  • Secondary: (888) 470-0074

Reston VA 20190 Home Sales Real Estate Statistics

Reston VA Homes Sales Real Estate Statistics - Interactive charts and graphs of Reston VA 20190 home sales, average sales price, days on market etc.

Reston VA 20190 Real Estate Statistics Homes Sales, Prices and Trends

View the Reston VA home sales real estate statistics charts and graphs below for most recent real estate sales activity trends for Reston VA 20190. Find information on the numbers of home sold, average sales price, days on market and more! These are interactive real estate charts and the data is updated automatically as it is revised each month, and please feel free to contact us if you have any questions about buying or selling a home in Reston VA 20190. Bookmark this page as a valuable resource and come back frequently!

Market Activity Sold Homes - All Reston VA Homes

Average Sales Price - All Reston VA Homes Sold

Median Sold Price - All Reston Homes Sold

Average Days on Market - All Reston VA Homes

Average List Price to Original Sales Price Ratio

Detailed Real Estate Report for Reston VA 20190 - Click Here!

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Reston VA Active MLS Listings Homes for Sale Update

11-28-11
Ellen Crawford-Virginia & Maryland Real Estate
Ellen Crawford-Virginia & Maryland Real Estate: Real Estate Agent in Fairfax, VA
  • view my blog
  • Office: (703) 722-1690
  • Mobile: (703) 722-1690
  • Secondary: (888) 470-0074

Reston VA Active MLS Listings Homes for Sale Update*

Reston Virginia Real Estate Market Update November 28, 2011 Reston VA Homes Report

As of today November 28, 2011 there are 35 Active Single family fee simple detached MLS listings of Fairfax County Reston homes for sale in our MRIS* system.

Reston VA is located just outside our nation's capitol in Washington DC. Reston VA offers a quick commute to any place in the DC Metro area via the Dulles Toll Road, Fairfax County Parkway, West OX Road and Route 7!

Reston VA Single Family Homes for Sale

*MRIS 11/ 28/2011

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