RESTON HOUSING MARKET DATA

There was a decrease in total units sold in May, with 95 sold this month in Reston Real Estate versus 100 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 29% versus May 2024.

Versus last year, the total number of homes available this month is higher by 13 units or 12%. The total number of active inventory this May was 122 compared to 109 in May 2024. This month's total of 122 is lower than the previous month's total supply of available inventory of 166, a decrease of 27%.

Last May, the median sale price for Reston Homes was $619,900. This May, the median sale price was $590,500, a decrease of 5% or $29,400 compared to last year. The current median sold price is 8% lower than in April.

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

In May, there was 1.3 months of supply available in Reston, compared to 0.8 in May 2024. That is an increase of 57% 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 94 homes newly listed for sale in Reston compared to 137 in May 2024, a decrease of 31%. There were 123 current contracts pending sale this May compared to 111 a year ago. The number of current contracts is 11% higher than last May.

In May, the average sale price in Reston was 100.4% of the average list price, which is 3.4% lower than at this time last year.

This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.





FOCUS ON: RESTON HOUSING MARKET			MAY 2025

Zip Code(s): 20194, 20190 and 20191
Units Sold 95	Active Inventory 122	Median Sale Price $590,500	Days On Market 16

Down -29% Vs. Year Ago	Up 12% Vs. Year Ago	Down -5% Vs. Year Ago	Up 33% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 95 sold this month in Reston Real Estate versus 100 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 29% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 13 units or 12%. The total number of active inventory this May was 122 compared to 109 in May 2024. This month's total of 122 is lower than the previous month's total supply of available inventory of 166, a decrease of 27%.
		Median Sale Price Last May, the median sale price for Reston Homes was $619,900. This May, the median sale price was $590,500, a decrease of 5% or $29,400 compared to last year. The current median sold price is 8% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 94	Current Contracts 123	Sold Vs. List Price 100.4%	Months of Supply 1.3

Down -31% Vs. Year Ago	Up 11% Vs. Year Ago	Down -3.3% Vs. Year Ago	Up 56% Vs. Year Ago


		Months of Supply In May, there was 1.3 months of supply available in Reston, compared to 0.8 in May 2024. That is an increase of 57% 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 94 homes newly listed for sale in Reston compared to 137 in May 2024, a decrease of 31%. There were 123 current contracts pending sale this May compared to 111 a year ago. The number of current contracts is 11% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Reston was 100.4% of the average list price, which is 3.4% lower than at this time last year. Days on Market This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.


	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.