Reston had 201 homes for sale at the end of October, up from 113 a year earlier. Buyers signed 67 new contracts during the month, the fewest of any October since at least 2015. The median sold price barely moved: $624,750, against $625,000 in October 2025.
Closed prices trail the rest of the market by a month or two, because a home that closed in October usually went under contract in August or September. The larger supply is visible first in other measures: how long homes sit, how many sellers have cut their asking price, and which kinds of homes buyers chose.
Reston has had more than 190 homes for sale every month since July
Supply, the count of homes sitting on the market waiting for a buyer, has climbed all year. Reston’s count rose from 71 in January to 213 in September before easing to 201 in October. Before 2026, the highest month-end count in Bright MLS’s market statistics, which run back to mid-2021, was 167.
Demand, the count of buyers signing contracts, has not kept pace. October’s 67 new contracts were 26 percent fewer than the 91 signed a year earlier and a third below the five-year October average of 101.
Sellers listed 96 more homes than last year, and buyers signed 12 fewer contracts
From January through October, owners put 1,197 Reston homes on the market, up 8.7 percent from 1,101 over the same months of 2025. Buyers signed 959 contracts, down from 971, and closings ran slightly ahead of last year at 873 against 856.
In every month of 2026, sellers listed more homes than buyers put under contract. The widest gaps came in July, when owners listed 125 homes and buyers signed 81 contracts, and in September, at 136 against 99. October brought no rush of new listings, at 88 against 90 a year ago, but many of the homes owners listed over the spring and summer remain unsold.
Months of supply rose for every Reston home type
Months of supply measures how long it would take to sell every home on the market at the recent pace of sales. Reston’s figure reached 2.37 months in October, up from 1.37 a year earlier. Condos stand at 2.92 months, townhouses at 2.40 and detached houses at 1.40. A common rule of thumb puts a seller’s market under three months of supply and a balanced market between three and six, so every Reston home type remains on the seller’s side of that line, with condos closest to it.
The contract ratio counts homes under contract for every home for sale, and it tends to move a month or two before prices do. Reston’s fell to 0.36 from 0.74 a year ago. Townhouses fell to 0.47 from 0.91, detached houses to 0.48 from 1.00 and condos to 0.24 from 0.57. A year ago, Reston had one detached house under contract for every one on the market. Now it has about one for every two.
Detached and townhouse prices rose, and a condo-heavy month held the median flat
Reston closed 82 homes in October, the same number as a year earlier, but the mix changed. Condos made up 36 of the sales, or 44 percent, against 21, or 26 percent, in October 2025. Townhouse sales fell to 25 from 43, and detached sales rose to 21 from 18.
The median is the middle sale once every sale is lined up by price, so when more condos sell, the middle sale lands closer to the condo price. Reston’s detached median rose 5.0 percent to $1,050,000, and its townhouse median rose 8.7 percent to $675,000. The condo median fell 3.6 percent to $371,250. The combined median slipped $250 because condos made up a much larger share of the sales.
Two of October’s townhouse sales were new Sunset Station homes on Patriotic Lane, which closed on Oct. 14 at $1,320,549 and $1,332,624.
Half of Reston’s active listings have cut their price
As of Nov. 10, 191 Reston homes were listed as active, and 51 percent of them had cut their price at least once. The median cut was 3.2 percent, and the median listing had spent 58 days on the market, counting any earlier listing periods for the same home.
Townhouse sellers have cut most often, on 57 percent of active listings, followed by condo sellers at 48 percent and detached sellers at 43 percent.
The homes that did sell held close to their first asking price. October’s average sale closed at 98.5 percent of its original list price, the same as a year earlier. Fewer sold at or above that first price: 49 percent of October’s sales did, against 58 percent in October 2025. The median home that sold in October spent 12 days on the market, up from 10.
Seven more Sunset Station townhomes are under contract or listed above $1.5 million
Five new townhomes on Oakview Crest Drive at Sunset Station are under contract at prices from $1,521,085 to $1,829,429, and two more carry asking prices of about $1.63 million. Each of those prices is more than double Reston’s October townhouse median of $675,000. When the five contracts close, they will lift the townhouse median in whatever month they settle, as the Patriotic Lane homes did in September and again in October.
Price against the homes competing with yours
If you own a Reston condo, 97 condos are for sale against 61 a year ago, and buyers signed 26 condo contracts in October, down from 34. Price against the active listings in your building and your community, including their recent price cuts, rather than against last spring’s sales.
If you own a Reston townhouse, 77 townhouses are for sale, more than double the 35 of a year ago, and 57 percent of active townhouse listings have cut their price. Townhouse prices rose in October, but those sales reflect contracts signed in late summer.
If you own a detached house, 27 are for sale, and detached supply sits at 1.4 months. Detached prices rose 5.0 percent from a year earlier, though October’s figure rests on 21 sales.
If you are buying, you have more homes to choose from than at any point since at least mid-2021, and more than half of the homes on the market have already come down from their first price. Homes that have sat for two months or longer leave the most room to negotiate.
Herndon’s October looked different, with half as many closings as a year ago and most of the drop in one ZIP code. Our Herndon October report covers it home type by home type.
We work across Reston and Herndon every week and track these numbers by home type and ZIP code. If you want to know what your home would sell for this winter, request a home value estimate or reach out and we will walk through it with you.
See something missing or wrong? Email us at [email protected] and we will check it and update the post.
