Altos Market Data for Realtors

Reston, VA

Single-Family Homes

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Reston, VA

Sun Nov 17 2019
This week the median list price for Reston, VA is $743,319 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 30. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Reston, VA

Sun Nov 17 2019
This week the median list price for Reston, VA is $743,319 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 30. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Reston market.
Median List Price $743,319
Per Square Foot $256
Days on Market 81
Price Decreased 50%
Price Increased 3%
Relisted 10%
Inventory 30
Median Rent $2,463
Most Expensive $1,649,900
Least Expensive $439,900
Market Action 44
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,100,000 5,180 0.5 - 1 acre 5 4 26 0 1 161
$845,000 3,810 0.25 - 0.5 acre 4 3 30 0 2 85
$725,000 2,798 0.25 - 0.5 acre 4 2 40 2 0 49
$667,500 2,244 0.25 - 0.5 acre 4 2 46 1 2 40