The Arlington Condominium ~ YTD September 2009

The Arlington Report for YTD September 2009

Model # Sold Sales Range Ave. Price Ave. Subsidy

A Lower 1 $300,000 $300,000 $9,750

B Upper 7 $260,000 - $295,000 $283,714 $3,623

C Lower 5* $275,000 - $293,000 $282,600 $2,000

L Lower 1** $345,000 $345,000 $ 0

M Upper 3*** $307,000 - $311,000 $308,333 $4,666

*Excludes short sale at $265, 000 due to distressed nature

**Excludes short sale at $269, 000 due to distressed nature

***Excludes short sale at $255, 000 due to distressed nature

Data source: MRIS settled transactions 1/01/2009 - 9/30/2009, deemed reliable, but not guaranteed

Compliments of AJ & Jodee Heidmann
YOUR Resident Specialists for The Arlington

We are closing in on the generally accepted cut-off date for a first-time home buyer to make an offer using FHA financing and still make closing by the November 30th deadline to receive the $8,000 tax credit. As we approach the finish line, there were 3 more settlements in the month of September and 4 more units are in some state of contract. The current supply of available units is extremely low with only 2 of the 2Bed/1Bath configurations on the market and just 1 of the 3Bed/2Bath units.

Respectfully,

AJ Heidmann, ABR, CRS, e-PRO

Cell 703-474-1260 ~ Office 703-518-8300 ~ Fax 703-518-8314

AHeidmann@CBMove.com

Coldwell Banker Residential Brokerage

310 King Street, Alexandria, VA 22314

Licensed in Virginia