Altos Market Data for Realtors

Reston, VA

Single-Family Homes

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Reston, VA

Tue Oct 27 2020
This week the median list price for Reston, VA is $819,949 with the market action index hovering around 69. This is less than last month's market action index of 71. Inventory has held steady at or around 18. Click here to stay informed with the Reston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Reston, VA

Tue Oct 27 2020
This week the median list price for Reston, VA is $819,949 with the market action index hovering around 69. This is less than last month's market action index of 71. Inventory has held steady at or around 18. Click here to stay informed with the Reston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Reston market.
Median List Price $819,949
Per Square Foot $264
Days on Market 53
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent $2,750
Most Expensive $1,224,900
Least Expensive $480,000
Market Action 69
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$937,000 4,620 8,000 - 10,000 sqft 4 4 21 1 2 19
$874,495 2,514 0.25 - 0.5 acre 4 3 51 0 0 35
$780,000 3,536 0.25 - 0.5 acre 5 3 44 2 0 84
$599,900 1,980 0.25 - 0.5 acre 4 2 37 2 0 61