Real Estate
Are Homes With Private Swimming Pools in Reston Common?
Do Homes in Reston with private swimming pools cost substantially more?
Summer is over and for many it one without getting an opportunity to take a dip in a pool. While the vast majority of folks have access to a community pool, COVID-19 social distancing restrictions severely limited access to these community pools this past summer. Although, both Pfizer and Moderna announced promising test results with a COVID-19 vaccine, it may be well past next summer before the vaccine can be mass produced and readily available to the public, compelling folks to go another year without a dip in the pool.
Of course, there are homes that come with their own private swimming pool and in this article we analyzed the detached homes that sold in 2019 and 2020 in Reston that have their own private swimming pool. We wanted to get a sense of the number of homes that sell with private pools, along with the median price one would expect to pay for a home with a private pool. Before COVID-19, very few home buyers specifically sought out a home with a private pool, nevertheless, we believe that private pools add value to a home and one would expect to pay a premium for these homes. Let’s find out!
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In this analysis, we analyzed all the detached homes that sold in 2019 and 2020 year to date. We excluded both townhomes and condos because these types of properties typically only have access to a community or association pool. Below are the findings:
Comparision of Number of Detached Homes that Sold with a Private Pool in Reston in 2019 vs 2020 YTD:
| Year | Private Pool | Community Pool | All Detached Homes |
| 2019 | 6 | 195 | 272 |
| 2020 | 8 | 182 | 235 |
Comparison of Median Sold Price of Detached Homes with a Private Pool in Reston in 2019 vs 2020 YTD:
| Year | Private Pool | Community Pool | All Detached Homes |
| 2019 | $780K | $700K | $723K |
| 2020 | $886K | $772K | $793K |
Reston homes with a private pool represent less than 4% of all sales. So far in 2020, there were 8 homes that sold with a private pool in Reston, for a median price of $886K. This represents a 12% premium above the average detached home price of $793K. If you would like to be notified when a home with a private pool becomes available, please reach out to me directly at 703-420-3499 or sign up for our monthly market update to be stay current on real estate market trends in your community.
Find out what's happening in Restonwith free, real-time updates from Patch.
About Peggy Yee
Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $200 million in sales and was one of Northern Virginia Magazine's Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don't just take our word...Click here to see what Peggy's past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you'll understand why she is one of the top real estate agents in Reston with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.
* Data Source: BrightMLS and SmartCharts. Information deemed reliable but not guaranteed.
