Reston Town Center Housing Report 2013: MidTown Reston

Reston Town Center Report: Mid Town Towers

 

Summary –  MidTown Reston is located on 11990 Market Street, in the heart of the Reston Town center. The majestic twin towers highlight the luxury condominium market in Reston. Freedom Park is immediately across the street, giving Mid Town Reston an open feel not found in many other luxury condo buildings. Homes range from one to three bed rooms, and are built with the same upscale quality in each: granite countertops; stainless appliances; gas cooking; soaking tubs. Building amenities include: swimming pool; huge resident lounge with fireplace, gaming tables, and a huge terrace overlooking Freedom Park; two private dining rooms; private theater screening room; upgraded gym/workout facilities; two serviced guest suites; secure parking; doorman and valet services; a VIP desk and concierge.

 

Summary of sales in 2013 – The increase in prices lured more people into selling their condo in 2013, with 25 sales in MidTown Reston. Strong employment growth in the Reston Town Center and the desire for top quality residences drove demand.

 

Unit No.     Sale Date       No. BR/bath           Sale Price             Sq. Ft.         Price/Sq. Ft.

     407           Jan 2013                 3/2                     $775,000               1,619               $479

    1804         Feb 2013                 3/2                   $1,160,000             1,986               $584  **

      608          Feb 2013                 1/1                     $400,000                833                $480

      212         Mar 2013                 3/3                     $900,000              2,111               $426

      604         Mar 2013                 2/2                     $535,000              1,169               $458

     1617        Mar 2013                3/2                     $849,900               1,619               $525

      515          Apr 2013                3/2                     $760,000               1,619               $469

     1103        Apr 2013                3/3                      $774,907              1,426                $543

     2001        Apr 2013                2/3                   $1,470,000              2,075               $708  **

     2002        May 2013               3/3                   $1,655,000              2,283               $725  **

       417         June 2013              2/2                     $749,900                1,619               $463

     1812        June 2013               3/3                   $1,558,000              2,283               $682  **

      205          June 2013              3/2                      $748,000               1,619               $462

      411          June 2013              2/2                      $740,000               1,523               $486

     1417        June 2013               3/2                      $852,500               1,619               $527

     1405        July 2013                3/2                      $873,000               1,619               $539

      314          July 2013               2/2                      $485,000               1,169               $415

     1214        Aug 2013               2/2                      $555,000               1,169               $475

     1815        Sep 2013               3/2                     $1,165,000             1,986               $587  **

     1403        Sep 2013               2/2                        $810,000             1,426               $568

      917          Sep 2013               3/2                       $890,000              1,619               $550

      812          Oct 2013                3/3                    $1,350,000             2.111               $640

      504          Oct 2013                2/2                      $569,000              1,169               $487     

      213          Nov 2013               2/2                      $695,000              1,426               $487         

      501          Nov 2013               2/2                      $775,000              1,523               $509                             

 

** Designated as penthouse units.

Ray Wedell, Realtor
Chartered Financial Analyst, CFA
RE/Max Gateway
703-855-7299
http://www.towncenterrealtor.com
raywedell@comcast.net

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About RayWedellRealEstate

Real estate professional with Samson Properties. Chartered Financial Analyst, CFA
This entry was posted in MidTown Reston, Reston Town Center Condo Sales, Reston Town Center luxury condos and tagged , , , , , , , . Bookmark the permalink.

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