RESTON HOUSING MARKET DATA

There was an increase in total units sold in April, with 100 sold this month in Reston Real Estate versus 78 last month, an increase of 28%. This month's total units sold was lower than at this time last year, a decrease of 2% versus April 2024.

Versus last year, the total number of homes available this month is higher by 33 units or 35%. The total number of active inventory this April was 128 compared to 95 in April 2024. This month's total of 128 is lower than the previous month's total supply of available inventory of 132, a decrease of 3%.

Last April, the median sale price for Reston Homes was $567,500. This April, the median sale price was $641,000, an increase of 13% or $73,500 compared to last year. The current median sold price is 8% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 1.3 months of supply available in Reston, compared to 0.9 in April 2024. That is an increase of 37% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 100 homes newly listed for sale in Reston compared to 145 in April 2024, a decrease of 31%. There were 88 current contracts pending sale this April compared to 128 a year ago. The number of current contracts is 31% lower than last April.

In April, the average sale price in Reston was 102.3% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 10, an increase of 70%.





FOCUS ON: RESTON HOUSING MARKET			APRIL 2025

Zip Code(s): 20194, 20190 and 20191
Units Sold 100	Active Inventory 128	Median Sale Price $641,000	Days On Market 17

Down -2% Vs. Year Ago	Up 35% Vs. Year Ago	Up 13% Vs. Year Ago	Up 70% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 100 sold this month in Reston Real Estate versus 78 last month, an increase of 28%. This month's total units sold was lower than at this time last year, a decrease of 2% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 33 units or 35%. The total number of active inventory this April was 128 compared to 95 in April 2024. This month's total of 128 is lower than the previous month's total supply of available inventory of 132, a decrease of 3%.
		Median Sale Price Last April, the median sale price for Reston Homes was $567,500. This April, the median sale price was $641,000, an increase of 13% or $73,500 compared to last year. The current median sold price is 8% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 100	Current Contracts 88	Sold Vs. List Price 102.3%	Months of Supply 1.3

Down -31% Vs. Year Ago	Down -31% Vs. Year Ago	Down -1.6% Vs. Year Ago	Up 38% Vs. Year Ago


		Months of Supply In April, there was 1.3 months of supply available in Reston, compared to 0.9 in April 2024. That is an increase of 37% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 100 homes newly listed for sale in Reston compared to 145 in April 2024, a decrease of 31%. There were 88 current contracts pending sale this April compared to 128 a year ago. The number of current contracts is 31% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Reston was 102.3% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 10, an increase of 70%.


	Reston are defined as properties listed in zip code/s 20194, 20190 and 20191.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.