Are you looking for an inexpensive condo? A luxury condo within walking distance of the Orange Metro line providing an easy commute to D.C.? How about a fashionable townhouse or a modern single family home?
Historic homes, new construction condominiums, coops, starter homes, and mega-mansions complete the mix of available inventory among the 918 homes on the market in Arlington Virginia as of April 20, 2008.
Arlington County is a wonderfully diverse community just across the river from our nation's capital. Great schools, numerous public parks and monuments, tons of shopping and a fine mix of multi-cultural dining make Arlington an ideal place to call home. The neighborhoods range from urban high-rise condominiums to historic and unique homes. Enjoy a close-in suburban lifestyle while taking advantages of the resources of D.C. and the urban communities of Arlington.
Transportation around Arlington is made easy by the area's top-notch Metro bus and subway system.
Lively bars have happy hours attracting well-dressed (and well-heeled) young professionals (aka The Beautiful People) are situated alongside hip clubs where loyal regulars can enjoy the local arts and music scene. Arlington's world-class shopping includes major retailers such as Macy's and Nordstrom as well as hundreds of unique and boutique shops.
What homes are on the market in Arlington?
The two charts below explain the current inventory of homes available in Arlington Virginia. The bar chart show the number of homes currently offered in each price range. The pie chart shows the percentage of homes on the market that are condominiums vs. townhouses & single family inventory.
During March 2008, the average sales prices in Arlington, Virginia were as follows:
Single Family Homes: $759,545
Townhouses: $525,042
Condominiums: $397,176
Overall average sales price in Arlington for March 2008 was $548,365 representing a 0.65% increase from March 2007. Arlington is one of the few jurisdictions in Northern Virginia that has experienced price increases recently.
Arlington homes have been selling at a relatively quick pace of 74 days on the market and at a slight 4.69% average discount from the listing price.
Here are some representative homes in each price range that are currently on the market in Arlington. Clicking on the links will provide you with detailed information and photos of each home and give you an idea of what you can get for your money in each price range.
Under $200K:
COLUMBIA KNOLLS 1 BEDROOM CONDO THE PALAZZO 2 BEDROOM BANK-OWNED CONDO
$200K -- $300K:
COLONIAL VILLAGE 1 BEDROOM CONDO (NEAR COURTHOUSE METRO)
HORIZON HOUSE 1 BEDROOM CONDO (CONVENIENT TO THE PENTAGON)
$300K -- $400K:
COLUMBIA FOREST 2 BEDROOM SINGLE FAMILY HOME! CONTINENTAL CONDO 1 BEDROOM IN BALLSTON
$400K -- $500K:
BARCROFT CAPE COD -- 3 BEDROOMS 1 BATHROOM
SHIRLINGTON VILLAGE CONDO -- 2 BEDROOMS
$500K -- $600K:
2 BEDROOM ATRIUM CONDO IN ROSSLYN BARCROFT COLONIAL -- 3 BEDROOMS
ECLIPSE ON CENTER PARK 2 BEDROOM 2 BATHS (ALMOST NEW CONDO NEAR CRYSTAL CITY)
$600K -- $700K:
BRAND NEW BOWMAN'S HILL TOWNHOUSE IN SHIRLINGTON
TOP OF THE LINE PLATINUM COLLECTION CONDO AT ODYSSEY CONDOS IN COURTHOUSE
$700K -- $800K:
ALCOVA HEIGHTS 4 BEDROOM COLONIAL
UNDER CONSTRUCTION TOWNHOUSES AT BUCKINGHAM COMMONS -- 4 STORIES, 2 CAR GARAGES
$800K -- $900K:
BRAND NEW 4000 SQ. FT. COLONIAL W/SWAROVSKI CHANDELIERS
MADISON MEWS TOWNHOUSE NEAR EAST FALLS CHURCH METRO
$900K -- $1M:
BROMPTONS AT ROSSLYN URBAN TOWNHOUSE
HUGE CRYSTAL CITY CONDO W/VIEW OF POTOMAC RIVER & WASHINGTON SKYLINE
$1M -- $1.5M:
BERKSHIRE OAKWOOD -- 6 BEDROOMS 5 BATHROOMS -- JUST 2 YEARS OLD
ONE BLOCK TO BALLSTON METRO -- BROMPTONS AT BALLSTON TOWNHOUSE
LYON VILLAGE COLONIAL NEAR METRO
$1.5M -- $2.0M:
BROMPTONS AT MONUMENT PLACE TOWNHOUSE -- AMAZING VIEWS!
COUNTRY CLUB HILLS 6 BEDROOM 5 BATHROOM COLONIAL
$2.0M+:
THE MOST EXPENSIVE HOME ON THE MARKET IN ARLINGTON!
COUNTRY CLUB HILLS HOME -- OVER 8000 SQ. FEET OF LIVING SPACE!
So, there you go -- there's something for everyone in Arlington.
PLEASE CLICK HERE TO START YOUR SEARCH FOR A HOME IN ARLINGTON
Post a comment
Temporarily disabled — coming soon!
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Brian - I was surprised to see that you had anything priced under $200k in the area. I just sold a listing recently for $109,900, and that is VERY inexpensive, even for the Austin area.
Wow...I wonder if we have anything that low..... As for your high and in between..looks like the single family and condos have pretty even spread for sales.
You are one smart cookie. This post is loaded with so much good info. Impressive!
Brian, looks like a wide variety of pricing for the buyers to choose from.
Brian, I love your title and your graphs! You are great at graphs!
Thanks for the info I am always amazed about pricing in other areas and wonder how buyers can afford to buy. We are so spoiled with pricing here with a 150,000 + - .
Hey Brian,
That is a great set of stats. I'm genuinely impressed. I wanna be like you when I grow up :)
Seriously though, did you get those graphs from "Technology for Real Estate"?
Being a newbie, hopefully I'm allowed to ask a silly question...How long did you spend doing the research and setting the whole Post up?
Okay, 2nd question, if you were just starting, and to do something that detailed, how long would it have taken?
I just put up a few pointers/stats for Loudoun County, but not nearly as detailed.
Okay, here's my 3rd question, what percentage of people who look at your blog on a regular basis pay attention to all those details? And (4th) is that a value that you have become known for to offer, particularly and especially in Arlington?
JASON: We don't have a whole lot under $200K, but there are still a few things to be found close in to D.C. Mostly studio and 1 bedroom condos.
SALLY: Thanks for your comments. There's plenty of choice in all price ranges right now in Arlington.
LINDSAY: Thanks for your comment and compliment.
DUANE: That's for sure. Thanks for commenting.
KATERINA: Thanks for your compliment and your support! Much appreciated. Guess you could call me a graph junkie.
TERRY: It's definitely a struggle for many buyers to afford to live in the area. However, we do have some of the highest salaries in the country and some of the wealthiest counties in the nation.
STEPHEN: Thanks for your comment and compliments.
Actually, I created these graphs myself taking data from the MLS and plugging it into Excel to make graphs.
I didn't time it but it probably took about an hour to an hour and a half to do all the research and produce this post. It may have taken longer in the past to produce the same type of post, but I've been doing these for a while.
Not sure how to answer your third question, except that I know that many clients who meet with me after reading my blog posts seem to have digested a good bit of the information.
Finally, I'd like to believe that I've "become known" for this type of detailed information, but can't say for sure.
What a price span! Sounds like being in this area!!! From rags to riches and everything in between!!!! What a diverse society we live in.
BARBARA JO: Very diverse and quite a price span!
Great information brian, i would have never guessed i'd see a condo for sale in arlington, va for less than 200k. WOW. I wonder how much work it needs.
CHARLIE: I never would have guessed it too in 2008, but these inexpensive condos in Arlington are quite small and not necessarily the most desirable.