Reston Virginia real estate, Reston Town Center Condos, Townhouses, MLS
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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
365 Search Results Found. Showing Results 1 - 32.
Rarely available 3 bedrm.+ den,3 bath luxury penthouse in heart of Reston Town Ctr.Like-new...
NORMAL SALE*STUNNING PENTHSE FLR.CONDO W/BREATHTAKING VIEWS,INCLUDING TYSONS*ALMOST 90K IN...
Bank approved at $920,000. 3 BR, 3 BA spacious floor plan with excellent views of park, fountains...
ABSOLUTELY STUNNING 5-STORY HOME WITH ELEVATOR AND PRICELESS VIEWS. Soaring ceilings, beautifully...
Vacation year round in this stunning,sunny 5-lvl TH w/elevator-located on beautiful Lake Audubon!Covered...
Gorgeous five level home with elevator. Spectacular location at the heart of Lake Audubon....
PRICE REDUCED! Amazing 5 level town home nestled in the heart of Reston located on the Exclusive...
Don't miss this breathtaking Architectural Digest style home. MUST SEE FIVE STORY HOME...
Live in downtown Reston's Luxury Hi-Rise. Gleaming Hardwood in Spacious Living, Dining...
Corner unit with panoramic views of the Blue Ridge Mtns. Hardwood Flrs. Gourmet Granite Kit....
WELCOME TO LUXURIOUS AND CONVENIENT LIVING AT ITS BEST! FOUR-LVL END-UNIT NEAR RESTON TOWN...
Large, well planned 3 level town home located 2 blocks from Reston Town Center. 2 Car garage...
SPACIOUS TWO STORY LOFT STYLE CONDOMINIUM AT MIDTOWN. FIRST FLOOR BEDROOM, OPEN STAIRCASE,...
Exquisitely renovated with imported tiles, leopardwood floors, moldings, windows accents, Cafe...
LAKE ANNE WATERFRONT GARAGE TOWNHOME! IDYLLIC SETTING WITH WALLS OF WINDOWS OVERLOOKING TREED...
Available Immediately. Spacious, Luxury, Secure Living in the heart of Reston. Enjoy Many Events....
TERRIFIC! Light-filled, updated TH--move right in. 2-story foyer, granite kitchen w/stainless...
BEAUTIFUL BRICK FRONT END UNIT LUXURY TOWNHOME W/ UPRADED HRDWD FLRS,CUSTOM PAINT & UPGRADES...
Main level features two-story foyer. Gourmet kitchen w/granite countertops & stainless...
STUNNING NORTH RESTON GARAGE TH THAT LIVES MORE LIKE A SINGLE-FAMILY HOME. BACKING TO WOODS,...
Exquisite 3BR 3BA home in convenient Reston Town Center. Close to everything! This well-appointed...
BEAUTIFUL CONDO. AT MIDTOWN RESTON, GREAT LOCATION,10" CELLINGS, GRANTITE COUNTERTOPS,...
Immaculate 3-bdrm/2-bath + storage space + 2 garage parking spaces! 1500+ SF!! Floor to ceiling...
Meticulously maintained two sided brick town home in move-in condition. 3 bdrms.,2.55 baths.3...
Fabulous lakeview home that has been extensively updated and cared for and shows beautifully!!All...
CHARMING HOME,WALK IN TO GORGEOUS 2 STORY FOYER & LR W/GAS FIREPLACE & SYLIGHTS,KITCHEN...
IF YOU HAVE BEEN WAITING FOR A FULLY-RENOVATED, WATERFRONT, BRICK TH W/PANORAMIC VIEWS OF LAKE...
THE WOW FACTOR! Tantalizing style & design w/Pottery Barn inspirations in this gorgeous...
PICTURE PERFECT STANLEY MARTIN TOWNHOME IN SOUGHT AFTER RESTON LOCATION-UNIQUE SUNLIT OPEN...
ALL OF THE WORK HAS BEEN DONE! BEAUTIFUL MAIN LEVEL MASTER SUITE. NEW CARPETING, GLEAMING...
BRIGHT END UNIT TOWNHOUSE ,BEAUTIFUL HARDWOOD FLOORS, 3 FINISHED LEVELS, PATIO,FENCED. NEW...
SHORT SALE Price Reduced. Spacious, beautiful condo 2 bedrooms, 2 baths, light filled sunroom,...
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