The VY at Reston Heights apartment community has been rebranded The Point at Rise following its Dec. 11 sale to institutional fund manager Pantzer Properties.
The building, located at 11830 Sunrise Valley Drive, was built in 2018 by JBG Smith and has 385 residential units, including two-story loft style townhomes. Gold’s Gym, Reston Kabob and My Home Thai occupy its street-level retail spaces.
More than 40% of homes across the D.C. region lost value over the past year, a new analysis found. But that doesn’t mean homeowners in Fairfax or surrounding areas are taking major losses on their properties.
Only 2.6% of D.C.-region home sales in the past year were listed for sale below the home’s previous sales price, according to data compiled by Zillow.
Prices of single-family homes declined year-over-year, but townhouses and condominiums saw increases across Fairfax County in November, according to new data.
The average sales price of a single-family home countywide dipped 3.2% to $1,138,036, according to figures reported Dec. 10 by MarketStats by ShowingTime.
Two churches in Vienna have found a way to live together in harmony, while still staying true to their distinct religious identities.
The Vienna Baptist Church has now fully moved into the Emmaus United Church of Christ building at 900 Maple Avenue East after finalizing a sale of its longtime home at 541 Marshall Road SW.
The cost to rent an apartment is increasing in some parts of Fairfax County, but declining in others.
Four of seven corridors of the county posted year-over-year drops in median rental prices in November, while the other three showed increases, according to new data from Apartment List.
The Washington metro area is the only part of the Mid-Atlantic region where home sales prices are projected to decline next year.
In a forecast issued Wednesday (Dec. 3), multiple-listing service Bright MLS predicts the median sales price of homes sold in the D.C. region in 2026 will drop 1% to $616,700, following a projected 3% increase in 2025.
A new housing subdivision is taking shape in McLean.
Knolewood will bring 24 single-family houses to a 25-acre expanse near the corner of Lewinsville Road and Lancia Drive that represent the last remaining undeveloped parcels in McLean, TTR Sotheby’s International Realty announced last Thursday (Nov. 13).
Fairfax County’s October home-sales market had its best showing since July, with total sales volume up 10% month over month and 12.8% year over year.
A total of 1,027 residential properties went to closing in October, according to figures reported Nov. 11 by Bright MLS, the region’s multiple-listing service. That’s up 6.6% from 963 sales in October 2024.
Just under 10% of Fairfax home-sellers cut their asking prices last week, but more prospective buyers were on the hunt for homes in the county, according to new data.
Countywide, listing prices were reduced for a total of 9.9% of active listings during the week that ended last Sunday (Nov. 2), according to figures reported by Bright MLS, the region’s multiple-listing service.
Fairfax County in October saw rising year-over-year apartment rents in most corridors except Tysons, which saw a decline but remains the priciest area countywide.
Six of seven areas across Fairfax posted median rent increases ranging from less than 1% to 7%, according to figures reported Oct. 30 by Apartment List.
