2017 Year in Review for the Worldgate Condos in Herndon, VA

By
Real Estate Agent with Century 21 Redwood Realty License # 0225028579

The Worldgate Condos have a great location!  They are close to the Reston Town Center but without the Town Center prices.  They're minutes from the Toll Road and will be just a few minutes from one of the Silver Line Metro stops.on

In 2017, 34 condos sold which was almost 31% more than 2016.  The average days on market was lower too.  44 days in 2017 as compared to 49 days in 2016.

 

 Worldgate clubhouse

ONE BEDROOM CONDOS

11 one bedroom condos sold in 2017.  2 of them have a garage space and they commanded the most money....$209,900 and $210,000.  A rare, two level unit sold too and it sold for $250,000.

Prices hit their peak in April, May and June and then again in October which is the traditional real estate cycle.

 

TWO BEDROOM, 1 BATH CONDOS

Only 4 of these sold in 2017.  The prices ranged from $215,000 to $235,000  The rising prices of the 1 bedroom condos is helping raise the prices of the two bedroom, 1 bath condos.

 

TWO BEDROOM, 2 BATH CONDOS

We saw the largest number of sales here.  There is a huge fluctuation in pricing ranging from $230,000 early in the year  up to $280,000 in October.  We're finding that homes with updated kitchens and baths are commanding more money then those condos that are original.

 

THREE BEDROOMS, 2 BATHS

These condos are rare too and just one sold this year at $275,000

 

Check out all the available condos on my website.

Looking to sell your condo?  Contact me at 703-726-3421 or e-mail me at  Nancy.Pav@Longandfoster.com.  I'll give you an idea of what your home could sell for and what updates you should do to see a higher sales price in a shorter period of time.

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Got real estate needs? You Gotta Have Pav!

Comments (1)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nancy, very nice market update for Worldgate Condos, and you should receive many calls.

Jan 08, 2018 04:35 PM