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| FOCUS ON: RESTON TOWN CENTER, LAKE ANNE, AND TALL OAKS HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 20190 |
Units Sold
41 |
Active Inventory
56 |
Median Sale Price
$550,000 |
Days On Market
25 |
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Up
Vs. Year Ago |
Up 33%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 25%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 41 sold this month in Reston Town Center, Lake Anne, and Tall Oaks Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 14 units or 33%. The total number of active inventory this September was 56 compared to 42 in September 2024. This month's total of 56 is higher than the previous month's total supply of available inventory of 53, an increase of 6%.
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Median Sale Price
Last September, the median sale price for Reston Town Center, Lake Anne, and Tall Oaks Homes was $567,000. This September, the median sale price was $550,000, a decrease of 3% or $17,000 compared to last year. The current median sold price is 10% higher than in August.
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
52 |
Current Contracts
37 |
Sold Vs. List Price
100.6% |
Months of Supply
1.4 |
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Up 68%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
No Change
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In September, there was 1.4 months of supply available in Reston Town Center, Lake Anne, and Tall Oaks. The amount of supply is similar compared to 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 52 homes newly listed for sale in Reston Town Center, Lake Anne, and Tall Oaks compared to 31 in September 2024, an increase of 68%. There were 37 current contracts pending sale this September compared to 32 a year ago. The number of current contracts is 16% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Reston Town Center, Lake Anne, and Tall Oaks was 100.6% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 25, higher than the average last year, which was 20, an increase of 25%.
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Reston Town Center, Lake Anne, and Tall Oaks are defined as properties listed in zip code/s 20190. |
| *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. |