Home Selling in Reston>Question Details

Marcia1865, Home Seller in Reston, VA

I've owned a 2BR/2BA condo in North Point Villas in Reston since 2006, that's been rented for the past year. Is this a good time to sell?

Asked by Marcia1865, Reston, VA Sun Sep 15, 2013

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Hi Marcia,

It has been a banner year for sales and Reston has been extremely lucrative for Sellers. Traditionally the selling market is best in the Spring however, the early Fall, (September and October) usually does pick up and can be a great time to sell because there is less inventory and people are back from vacations. One thing to consider is that interest rates have ticked up for the last several months, and while still low in comparison to prior years, it does make an impact on buyers especially in the lower price ranges. That is another reason why it may be a good time to sell; Buyers may be worried about rising interest rates.

Depending on the condition, updates, ( I now these condos are newer), the location in the condo community, the floor it's on, whether you have a garage, and sales in the past 3 months, we could determine if the value of your condo has increased to where it was when you purchased in 2006, so you could sell without losing money. .

I live in North Reston and my office is the Long and Foster in North Reston across from the Home Depot so I am available any time to stop by and provide additional information. Please feel free to contact me by cell or email. Hope this answers your question.


Marcy Thomas
Thomas Accociates

Long & Foster Realtors
1700 Bracknell Drive
Reston, VA 20194

(703) 435-4900 - Office reception/main number
(703) 668-1844 - Office direct/desk
(703) 927-2190 - Cell
(703) 435-2116 - Fax

Email - mathomas8@aol.com
Website - http://www.marcythomas.com

#1 Agent - 2010 & 2011 - Reston North Hills Office
Lifetime Top Producer
NVAR 10+ Million Sales Club
Long and Foster Master's Club

2 votes Thank Flag Link Sun Sep 15, 2013
It looks like this is a duplicate question, but just in case you can't see the first thread: Now can be a great time to sell a home. There are factors you should consider that will help determine if now is the best time for you to sell. Please feel free to email me to start a line of communication. Once you e-mail me I can also provide a free market analysis

Jill Lord
Keller Williams Realty
1 vote Thank Flag Link Sun Sep 15, 2013
HI. Well it certainly has been the best market since the crash. This link has all the activity since January 1, 2013 to present. http://mrislistings.mris.com/DE.asp?ID=54238104965

Sale prices are between $310K and $346K (the unit that listed for $359K has a SOLD price of $346K) depending on condition and if you have a garage.

If you have a rented unit I suggest you do a For Sale Home assessment and see what you can do to spruce it up so that you can maximize your proceeds.

My team has a licensed contractor and we specialize in streamlining the process for you. I have many references from investor clients that buy and sell with me.

I hope this helps. You can reach me at 703-282-2040 if you have more questions.

Mark Ruckstuhl
0 votes Thank Flag Link Sun Sep 15, 2013
As Jill mentioned below it looks like this is a duplicate question, but I want to make sure you get the help and service you deserve. Keep in mind that deciding whether it is a good time to sell or not is a different for everyone. While it may be a good time for a neighbor two doors down, it may not be a good time for you. There are so many variables involved to make this decision. I would love to work with you to figure out if this is the right time for you. Please give me a call at 703-307-3449 so we can set up a time to sit down together and make an educated decision.

John Ginty
Keller Williams Capital Properties
10300 Eaton Pl, Suite 120
Fairfax, VA 22030
Cell: 703-307-3449

0 votes Thank Flag Link Sun Sep 15, 2013
Yes definitely a sellers market.. Please call me at 703-625-6731 or email me at khannacpa@yahoo.com if you would like a free home estimate and to discuss your sale
0 votes Thank Flag Link Sun Sep 15, 2013
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