Reston Virginia real estate, Reston Town Center Condos, Townhouses, MLS

Scroll down for condo and townhouse listings below
Reston, Virginia is a maverick of sorts as far as real estate in Northern Virginia is concerned.  That is to say it was and is a planned community.  In fact it was the first modern planned community in the United States and its founder was Robert E. Simon.  Planned communities have noble goals of setting up ideal and self-contained towns that focus on quality of life by avoiding unplanned development and the hazards thereof.  One of the goals of Reston condos real estate has been to preserve open space.  I can say from having shown 1000s of homes in Fairfax County that Reston VA condos is unique in terms of how “green” it is.  So many houses and even townhouses are as if you are living privately in the middle of the woods/forest.  Often the Reston neighborhoods are very quiet and private compared with the rest of Northern Virginia real estate.

Reston Condos VA Real Estate, Townhouse, Homes for Sale

There approximately 20 community pools in Reston VA, miles and miles of footpaths, several lakes…well you get the idea.  It’s very green and proportioned so that its residents all get to share its resources regardless of income–very noble. This is why almost all if not all residents pay a modest association fee to Reston VA condos.  One of the annoying aspects of Reston real estate is that it has always labeled its neighborhoods as “reston”.  From a realtor’s point of view that is a hassle.  Every home in the area is in the neighborhood of  Reston.  That often makes narrowing comps down for a home challenging.  To search the Reston condos and Virginia MLS for real estate click here.

The 2007 Condo Market in Reston VA

In analyzing data for the 20190 zip code of Reston for the 1st quarter there are several trends regarding condos in the area of Reston Town Center.
For Feb-April 2007 versus 2006 for that area which is mostly comprised of condos and townhouses, the median sales price has been down (in percentages) 10, 0 and 18% respectively for those months compared to 2006 Feb-April.  So there was at least a 10% correction in market values for condominiums–at least the newer luxury condos.  More telling has been a serious drop in demand with a negative 23, 12 & 48% decrease in transactions for those months in 2007.  The good news is that even though there is a big drop off in transactions the inventory is still much lower than a year ago 141 active condo listings in 20190 versus 194 in April 2006.

Reston Town Center

It has been described as a suburban downtown.  The Reston town center is sort of like an outdoor mall with fountains, art, an ice skating rink and year round events such as Taste of the Town, Pet Fiesta and numerous outdoor concerts for the public.  It hosts a variety of retailers including Williams-Sonoma.  The open avenues and wide sidewalks of the town center are no accident.  Nothing in this city is.  What is so interesting about the center is that all around are townhouses lining the surrounding open avenues and condos so that 1000s of residents are within a 5 minute walk of the center.  For more info on the town center and Reston condos you can check out Wikipedia.

The Future of Condos in Reston near the Town Center

The area is excellent and will be close to the new metro at some point so long term it’s a great area to invest in.  Short term there’s more room for many prices to drop or for sellers to negotiate down.  Other than that time will tell about the condo market in Reston.  And here you can find a directory of condos in the Reston area.

Reston Virgina homes for sale

New Listing - a week online
$1,625,000
For Sale
4
Beds
3
Baths
5,036
Sq Ft
2005 Cutwater Court
Reston, VA 20191
Single Family Home - Active
$1,565,000
For Sale
2
Beds
3
Baths
2,356
Sq Ft
Midtown At Resto #1913
Reston, VA 20190
Condo - Active
Price Change - 3 weeks ago
$1,450,000
For Sale
3
Beds
3
Baths
2,283
Sq Ft
Midtown At Resto #2002
Reston, VA 20190
Condo - Active
New Listing - 3 weeks online
$1,448,500
For Sale
5
Beds
4
Baths
5,123
Sq Ft
1486 Waterfront Road
Reston, VA 20194
Single Family Home - Active
$1,400,000
For Sale
3
Beds
3
Baths
2,136
Sq Ft
Midtown At Resto #512
Reston, VA 20190
Condo - Active
$1,350,000
For Sale
2
Beds
2
Baths
2,356
Sq Ft
Midtown At Resto #1713
Reston, VA 20190
Condo - Active
New Listing - yesterday
$1,175,000
For Sale
4
Beds
3
Baths
4,014
Sq Ft
11296 Stones Throw Drive
Reston, VA 20194
Single Family Home - Active
$1,125,000
For Sale
3
Beds
3
Baths
2,350
Sq Ft
Stratford #509
Reston, VA 20190
Condo - Active
$1,100,000
For Sale
5
Beds
4
Baths
4,790
Sq Ft
1209 Tottenham Court
Reston, VA 20194
Single Family Home - Active
Price Change - 3 weeks ago
$1,100,000
For Sale
3
Beds
2
Baths
1,986
Sq Ft
Midtown At Resto #2005
Reston, VA 20190
Condo - Active
$1,100,000
For Sale
4
Beds
3
Baths
3,770
Sq Ft
2000 Halyard Lane
Reston, VA 20191
Single Family Home - Active
New Listing - 3 weeks online
$1,099,000
For Sale
5
Beds
4
Baths
5,593
Sq Ft
12042 Creekbend Drive
Reston, VA 20194
Single Family Home - Active
New Listing - 2 weeks online
$1,050,000
For Sale
3
Beds
2
Baths
1,986
Sq Ft
Midtown At Reston Town #1714
Reston, VA 20190
Condo - Active
New Listing - 2 weeks online
$1,030,000
For Sale
5
Beds
4
Baths
5,013
Sq Ft
1427 Waterfront Road
Reston, VA 20194
Single Family Home - Active
Price Change - 3 weeks ago
$998,000
For Sale
5
Beds
4
Baths
5,592
Sq Ft
12118 Walnut Branch Road
Reston, VA 20194
Single Family Home - Active
Price Change - 3 weeks ago
$995,000
For Sale
5
Beds
4
Baths
5,013
Sq Ft
1439 Waterfront Road
Reston, VA 20194
Single Family Home - Active
$990,000
For Sale
3
Beds
3
Baths
2,418
Sq Ft
12222 Dorrance Court
Reston, VA 20190
Townhouse - Active
New Listing - 4 weeks online
$989,000
For Sale
4
Beds
3
Baths
1583 North Village Road
Reston, VA 20194
Single Family Home - Active
New Listing - 2 weeks online
$985,000
For Sale
4
Beds
4
Baths
4,923
Sq Ft
1286 Gatesmeadow Way
Reston, VA 20194
Single Family Home - Active
New Listing - 4 weeks online
$985,000
For Sale
5
Beds
4
Baths
6,370
Sq Ft
12029 Creekbend Drive
Reston, VA 20194
Single Family Home - Active