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
370 Search Results Found. Showing Results 1 - 32.
"Creme de la Creme" Luxurious penthouse directly across from Reston Town Center....
You will love this true top floor super luxury 3br/2.5 bath penthouse condo. Million-dollar...
LARGE 2,330 SQ FT VERY ELEGANT, GORGEOUS, SLEEK CONDO W GREAT VIEW STRAIGHT DOWN MAIN (MARKET)...
Gorgeous western views from this NEW PENTHOUSE. Gourmet kitchen featuring granite countertops,...
All high-end upgrades, Marble, Granite, Glass and Hardwood throughout. Viking cooktop and...
3 BR, 3 BA spacious floor plan with excellent views of park, fountains and skyline. Many amenities...
*SELLER OWNED* Brazilian Cherry HW Fls; Gourmet Kit w/11' ceilings, Stnls St Appl, Maple...
Located in heart of Reston Town Center! Immaculate condition! Large unit w/upgrades galore!...
Great looking contemporary home with "urban" style interior. Everything upgraded...
Bank owned Townhome in lovely, Reston, Virginia! This four level townhome features many amenities....
Gorgeous 2BR 2BA condo in West Tower has dramatic curved balcony & breathtaking view. Spacious...
RARELY AVAILABLE 3BED 2BA CORNER UNIT- FULL OF LIGHT, S.WEST EXPOSURE. FLOOR TO CEILING WINDOWS!!...
Exquisite PARIS model w/ROOFTOP TERR w/VIEWS!BRICK GAR TH w/handsome MN LVL OFFICE/3BR w/FBA....
A GREAT PROPERTY THAT IS A TRADITIONAL SALE. 4 LEVEL PARIS UNIT IN WEST MARKET. WITHIN SHORT...
OPEN 1-4 SUNDAY!FAB CONTEMPORARY DESIGN W/BRICK FRONT, 4BR, 3.5 BA, 2 FPS, DECKS, PATIO &...
OPEN HOUSE THIS SATURDAY (2/6) 1-4pm. Come and view this OPEN, SUNNY, and IMMACULATE end unit...
Spacious and light-filled end unit TH w/ 2 car garage backing to parkland in beautiful North...
Luxurious upper floor unit above the trees...elegance w/ a view! Full of natural light &...
PENTHOUSE LEVEL 3BR/2BA PENTHOUSE LEVEL CONDO IN THE LUXURIOUS CARLTON HOUSE CONDOMINIUMS....
Outstanding end-unit with unrestricted 2 sides water views on Lake Thoreau. Largest model in...
Exceptional Luxury found in this 2 bedroom plus den in the highly sought after Midtown at Reston...
OPEN SUN 1/31 FROM 1-4. LAKEFRONT townhome on Lake Thoreau. Extended kitchen semi-open to living...
Winter views of Lake Audubon,summer views of lush trees, year round relaxation in this spacious...
Wonderful Views in Reston! Gorgeous 2 Bedroom/2 Bath condo at the PARAMOUNT. Great Western...
BANK APPROVED FOR 550K** THIS BEAUTIFUL SPACIOUS 1,774 SQ **2BED+DEN AND 2.5 BATH WITH 2 CAR...
Gorgeous 5BR/3.5BA END TH w/CRPRT backing to WOODS!$130K in renovations/REMODELED KIT w/attention...
Luxury 2 BR, 2 BA condo, 2 balconies w/gorgeous views, A Chef's kitn w/granite cntrtps,...
*FABULOUS WATERFRONT LUXURY TOWNHOME IN LAKE AUDUBON*PANORAMIC LAKE VEIWS*GLEAMING HARDWOODS*KICTHEN...
***Reg Sale!..PRICE IS FIRM SO PLEASE DON'T ASK! THANKS Bright Rare Corner Unit 3BR 2BA...
Stately Reston Brick-Front Garage Townhome * FANTASTIC GOURMET KITCHEN (Granite / Stainless...
Brick, End Unit* 4 Bedroom/ 3.5 Baths* 2 Fireplaces* Oversized garage* recessed lights, triple...
LIVES LIKE A SINGLE FAMILY--WITH DOUBLE CAR GARAGE AND LIBRARY ON MAIN LEVEL! MN LEV BDR POSS...
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