Here are just a few of the national real estate numbers we are tracking for you now. For more info contact us.
Stunning 4 bedroom, 3.5 bath townhouse in desirable Reston neighborhood!
Gleaming hardwood floors on main level, upper level and loft.
Updated kitchen with granite counters, newer cabinets, stainless steel appliances, complete with bay window and eat- in space.
Inviting living and dining area with plenty of natural light.
Upper level features 3 bedrooms, 2 full baths and a loft.
Enviable master bedroom with vaulted ceilings and en-suite master bath with shower and separate tub.
Loft with hardwood floors, skylight and ceiling fan and can be used as an office, den or library.
Spacious lower level with walkout to yard, complete with large bedroom, full bathroom and space for recreation room!
Ideal location, minutes to North Point Village shopping center for groceries, Starbucks, restaurants, and more.
Convenient to Reston pools, basketball courts, playground, & bike trails.
Short drive to Reston Town Center, Dulles Airport, Weihle- Reston metro line (Silver & Blue lines) and major commuter routes (267, 66 and 495).
Townhouse is in impeccable condition and is turn key!
Home in this neighborhood have sold for $480k-$575K depending on size and updates. Some homes feature a one car garage, while others offer 2 reserved parking spaces.
This home is located in a quiet neighborhood and is listed for $575K.
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The temps are hot and so is the market! The median sales price in our area reached the all-time high for any month on record, topping the previous high of $446,000 reached in June 2016. New contract activity was up over 4% over last May’s record.
May finally saw a nice increase in new listings, up 8.7% over last year, and 5.5% over last month, but it wasn’t enough to make up for the already low level of inventory we have been seeing. A lot of new listings are snatched up within days of entering the market. Median Days on Market (DOM) at 10 days- the second lowest mark in a decade (9 days in 2013). Which means active listing (those available to buy) in May were still down 10.9% from this time last year and at the lowest May level since 2013.
We’re seeing multiple bids on most properties that are priced to sell, and significant offers over asking in a few pockets of DC and Arlington. Even though the market is competitive, we have a lot of happy buyers right now! Making the most attractive offer isn’t just about competing on price. There are many components that play into the strategy of an offer. If you are thinking of buying, let us guide you on how to put your best foot forward in this hot market. Set up a conversation with one of our buyer agents to come up with a strategy that is tailored to your goals.
Thinking of selling? Now’s the time! Inventory is still at the lowest level we have seen in 4 years and prices are reaching record highs. Buyers are well informed and ready to move. If you have been considering a change, start the conversation with our listing team to figure out your how to position your property to maximize your return.
Upcoming Event: Client Appreciation Day at the Nats Game
To show our appreciation for our business, we’d love to take you out to the ballgame! Join us as the Nationals take on the Braves, Sunday, July 9th at 1:35pm. Tickets are on us, but you must RSVP. If you are a current or past client, or have referred clients to us, and haven’t yet received your invite, reach out to us at firstname.lastname@example.org and we’ll get you squared away!
Love us? Review us! Your reviews mean so much to our business. Share your experience online at Yelp, Zillow, Angie’s List, or on Facebook, and you will be entered into a quarterly drawing for a $100 gift card. Plus, you will instantly receive our deepest gratitude! This quarter’s winner: Meghan Hurley! Meghan got 3 entries for her awesome reviews on Yelp, Zillow, AND Facebook. Thanks, Meghan!
As always, if you or someone you know has a real estate need please reach out. We’re here to help!
The Wethman Group
Listed last week, and we received a contract in less than 5 days! Details on the property below:
Spacious 4 bedroom, 3 bath home in Monticello Woods neighborhood.
Newly refinished hardwood floors in hallway, living room and bedrooms.
Spacious living room with large picture window and wood burning fireplace.
Large eat in kitchen with bay window, brick accent wall, recessed lighting 42 inch cabinets, cook top, double oven, pantry and extra counter/storage space.
Bedrooms on main level feature hardwood flooring, ample closets and lot of natural light.
Master bedroom features attached bath with standing shower.
Hall bath features white vanity along with shower & tub combo.
Expansive lower level features recreation/media room with recessed lighting and 2nd wood burning fireplace.
Huge unfinished utility/storage area with washer and dryer and 3rd bathroom.
4th bedroom or den off living area with walk-up access to back yard.
Large lot with almost 1/3 acre. Rear fenced yard.
Springboard- Community Pool located at the end of the street
Ideal location! Minutes to Springfield Metro, 95, 395, 495, Fairfax Connector Bus.
Conveniently located near Springfield Town Center with great restaurants and retail.
Homes in Monticello Woods range in price from $350-$535K depending on size and updates. Many smaller priced homes with less updates sell for $430K and below. The larger, more updated homes sell for $490K and above, depending on updates. Our sellers had a limited budget for renovations, so we provided our top items which we knew would improve the home’s marketability and gain interest from buyers.
If you are looking to for the right kind of updates to maximize your home’s value, contact us today!
Congrats to our clients who sold their home at 4105 25th in Arlington! This beautifully updated 5 bedroom, 4 bath home, featured over 3000 sq ft, and is located in the desirable Lee Heights neighborhood. Great features of the the home were the open kitchen and living areas and large flat backyard. Sales in this neighborhood range from $900K-$1.5M depending on the size, upgrades and location.
We received multiple offers on the home, with very competitive terms and and closed $34K over list price. The sellers were on the market for over 6 months last year, with only one lower offer.
We took over the listing this spring, and helped the sellers with a customized marketing plan and new pricing to help appeal to the largest amount of buyers. This included minor updates, staging, professional photos, floor plan and more.
We had over 15 agent showings, and over 26 groups through the Open Houses and received 3 offers! This house sold within 3 weeks, with very competitive terms for $1,234,000.
If you have questions on how to get the best price for your home, or want to know what upgrades will be most appealing to buyers, contact us!