Reston Virginia Townhome Sales as of 15 November '07

The inventory of townhomes for sale in Reston was about 160 homes active on the market as of the 15th of November 2007 with new contracts running about 30 a month.  Consequently, the absorption rate for these homes is about 5 months on the market.  Comparing the closed prices to the original list prices year-to-date ... Closing prices average about 4% below original prices.  Like to see currently available Townhomes in Reston ... visit http://www.reston-area.com/forsale.htm