Reston/Vienna Homes are the Priciest in Virginia, Report Says

The Reston/Vienna area ranks as the most expensive in Virginia for the average listing price of a four-bedroom, two-bathroom home, according to a Coldwell Banker Home Listing Report.

In Virginia, the average listing price of a four-bedroom, two-bathroom home is $317,336--and in Reston/Vienna it is $641,783, according to the report.

The top 10 most expensive areas are as follows:

1. Reston/Vienna $641,783
2. Alexandria $625,333
3. Fairfax $569,111
4. Ashburn $559,750
5. Burke $549,666
6. Falls Church $545,472
7. Centreville $504,447
8. Herndon $490,561
9. Chantilly $465,800
10. Bealeton/Midland $443,507

The least expensive homes in Virginia are found in Danville, according to the study, with an average $144,836 home price.

In Maryland, only Bethesda ranks higher on the list than Reston/Vienna--with its average home costing $782,300.

Nationwide, Reston/Vienna is 160th on the list of most expensive homes, with Newport Beach, CA at the top spot--with an average home costing $2,291,764.

The lowest priced homes of the 2,722 on the list can be found in Cleveland, OH, where the average four-bedroom, two-bathroom home is $74,502.

To find out about the Virginia rankings, click here; to access the entire list nationwide click here.