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9 December 2014

Midtown at Reston Town Center – A Luxury Condo Life

Midtown at Reston Town Center

Midtown at Reston Town Center is a 21 story mixed use building located in the heart of Reston Town Center. The first floor of the building features many different shops and restaurants while the remaining 20 floors feature luxury condo’s ranging in size from cozy 1 bedroom units to 3 bedroom/3 bath penthouse units. Construction was complete in August of 2006, this building features full service amenities that one would come to expect in luxury hotels. These amenities include a 24-hour concierge, fitness center, swimming pool, doorman and valet service. Midtown at Reston Town Center also features many private areas for residents to enjoy including a theater room, dining room, and meeting room.

MR_Lobby

Midtown Real Estate

There is a good amount of turnover in Midtown at Reston Town Center. From January 1, 2014 through the end of July, there have been 7 units sold ranging on the low end from $460,000 all the way up to $1,575,000.  The graph below shows the market activity for Midtown at Reston Town Center from over the last 6 months. Midtown does typically see the highest priced condos in Reston Town Center. If you’ve been dreaming about owning a Midtown Condo in Reston Town Center, now is the time to get in touch with us to take advantage of the large inventory!

The graph below shows the Median List Price for condos broken down by number of bedrooms in Midtown at Reston Town Center.

Midtown Rental Market

The Rental Market in Midtown at Reston Town Center is also hot. Within the last year, there have been 8 units rented out. There are currently 5 on the market.

• 1 bedrooms rent for an average of $2,350.
• 2 bedrooms rent for an average of $2,848.
• 3 bedrooms rent for an average of $4,137.

If you own a condo in Midtown Reston Town Center, you may want to consider renting it out! Those numbers can be truly great returns on your investment.

If you are looking to buy, sell or rent in Midtown Reston Town Center, get in touch with us now! We are your Reston Town Center Condo Experts! To view a little more about Reston and the Reston Town Center, visit our communities page HERE!

To see Condos for sale in Reston, click HERE!

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