Reston Virginia Townhome Sales as of 1 July '07

The inventory of townhomes for sale in Reston was about 165 homes active on the market as of the 1st of July 2007 with new contracts running about 55 a month.  Consequently, the absorbtion rate for these homes is about 3 months on the market.  Comparing the closed prices to the original list prices for the closings through 30 June ... Closing prices average about 4% below original list prices.  Like to see currently available Townhomes in Reston ... visit www.reston-area.com/forsale.htm