Reston Real Estate: We're #1!!!

We may not have awesome four-side brick houses and band days and whatnot, but even as foreclosures more than tripled in Fairfax County, Reston has bucked the trend of cratering home prices.

As far as [Fairfax County] median sales prices are concerned, the 12 month trend is steeply down, coming in at $375,000 – a drop of 22 percent from $478,750 last year, according to MRIS.

Lorton, which clocked the highest percentage increase in sales, also had the largest drop in median sales price compared to last year, falling 41 percent to $327,500, according to Fulton. Only Reston posted a gain in median sales price, by 3.5 percent, compared to last year.

Awesome -- we already feel 3.5 percent richer! Frankly, we give all the credit to the spastically dancing open house signs and creative Realtor verbiage.