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FOCUS ON: RESTON HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 20194, 20190 and 20191 |
Units Sold
95 |
Active Inventory
136 |
Median Sale Price
$600,000 |
Days On Market
20 |
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Down -8%
Vs. Year Ago |
Up 53%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Up 43%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 95 sold this month in Reston Real Estate versus 112 last month, a decrease of 15%. This month's total units sold was lower than at this time last year, a decrease of 8% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 47 units or 53%. The total number of active inventory this July was 136 compared to 89 in July 2024. This month's total of 136 is lower than the previous month's total supply of available inventory of 164, a decrease of 17%.
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Median Sale Price
Last July, the median sale price for Reston Homes was $550,000. This July, the median sale price was $600,000, an increase of 9% or $50,000 compared to last year. The current median sold price is 4% lower than in June.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
92 |
Current Contracts
90 |
Sold Vs. List Price
100.0% |
Months of Supply
1.4 |
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Down -16%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
Down -1.1%
Vs. Year Ago |
Up 66%
Vs. Year Ago |
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Months of Supply
In July, there was 1.4 months of supply available in Reston, compared to 0.9 in July 2024. That is an increase of 66% 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.
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New Listings & Current Contracts
This month there were 92 homes newly listed for sale in Reston compared to 109 in July 2024, a decrease of 16%. There were 90 current contracts pending sale this July compared to 100 a year ago. The number of current contracts is 10% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Reston was 100.0% of the average list price, which is 1.1% lower than at this time last year.
Days on Market
This month, the average number of days on market was 20, higher than the average last year, which was 14, an increase of 43%.
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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. |