Reston Virginia: Buyer’s Market or Seller’s Market? How Long To Sell Your Home and Are Prices Rising?

If you’re looking to buy or sell real estate in Reston, VA in 2015, you may be wondering how long homes are on the market, whether prices are up or down and whether it’s a Buyer’s Market or Seller’s Market.

First, let’s look at what happened in 2014:

  • Average Days on Market: 39 days (up from 25 days in 2013)
  • Average Sold Price: $462,998 (up from $451,404 in 2013)
  • Average Sold Price as % of List Price: 97.2% (down from 98.3% in 2013)
  • Percent of Homes Sold in 10 Days or Less: 34%

Now, to get an even better sense of what’s happening in the real estate market, go to our web site for up-to-date Reston VA housing stats on the most recent month as compared to the five year average. This will indicate what the current trends are.

(Special Info For Sellers of Million Dollar Homes)

Call Terry Belt & The Belt Team at (703) 242-3975 if you would like to buy or sell in Oakton, VA.

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