[Downsizing Info] 55+ Communities In Reston for Sale

Are you thinking about downsizing and moving to a 55+ community? These communities are becoming increasingly common in the area, many with luxury amenities and services. While some communities do not allow you to purchase the property and instead require a large upfront entrance fee, there are others that allow you to purchase the actual real estate. In this post, we highlight those communities that allow you to purchase and what that the average price for these homes are going for.

In the past 3 years, 25 age restricted properties for older adults have sold in Reston ranging from a 0-bed, 1-bath condo for $825,500 to a 2-bed, 2-bath condo for $153,500. The median days on market was 38 days and the median sold price was $127,000. For these age restricted properties, at least one of the buyers is required to be 55 years in age or older and these units are predominantly condos and townhomes.

55+ Communities for Sale in Reston

Below is the list of 55+ age restricted communities with at least 1 sale in the past 3 years in Reston and the average sold price for a 1 bedroom, 2 bedroom, or 3 bedroom unit in these communities.

Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer and one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

Information based on BrightMLS data and deemed reliable but not guaranteed.