I posted some October Statistics for 22205 a week or so ago. Here is some information from our neighbors in 22207.
These statistics come from the multiple listing system so are only as accurate as the posted stats and will not include FSBOs or unlisted transfers.
Total Sales:
2008-$17,862,476
2009-$28,749,242
This is a whopper of an increase of 60.95%
Average sold price:
2008-$776,629
2009-$756,629
A relatively low decrease of 2.58%
Median Sold Price:
2008-$709,000
2009-$662,500
A decrease of 6.56%
23 homes were sold in October of 2008, and 38 in 2009. An increase of 66.52% Perhaps a takeaway from this is that a modest decrease in prices has resulted in a significant increase in sales.
At the end of October there were 161 active listings. 149 were residential houses and 10 were condos.
I view these numbers as showing a strong market. Homes priced well are selling well. There are lots of buyers for this zip code and if they perceive the home is a value at the list price they will buy.
S. Arlington condos seem to be hot, right now. My last two condo listings were in The Arlington and Fairlington. The listing in the The Arlington was a two level condo with balcony. We had four offers within a week and it sold for considerably over asking. It had an updated kitchen and bath and really beautiful hardwoods. The Fairlington condo was a two bedroom with loft (the one with the circular staircase. This one did not go for over asking but the seller had a fair offer within a week. If was in good shape but not pottery barnish. There is no metro access here but the bus service is excellent and Shirlington and Columbia Pike stuff is all within easy access. It's a great place to live. It seems some folks are re-thinking the less for more than you get along the orange line. It may still be "the place" to be but if you need a little more room for a little less money you may want to rethink. Plus both of these communities offer pools and tennis courts and both are exceptionally (really) pet friendly. I always see folks walking their dogs or just standing outside with their pets and chatting.
You should be out looking for a house. ;-)
However, if not, check out the Sugarloaf craft festival at the Montgomery County Fairgrounds.
Here's a link to the website for info:
http://www.sugarloafcrafts.com/
I've gone to this show many times. Most of my art and gifts come from here. I only had a couple of free hours yesterday and could have used a couple more. I'm not sure I've ever seen quite this many artists there and lots of good stuff. The additional good news is that many of the vendors I spoke to said business had been good over the weekend. Another sign that people are starting to feel better about things. Anyway, some incredible art. Beautiful needlework pictures (not your Grandma's needlework....no offense Grandma) photography, jewelry and pottery. I bought a few holiday presents and some closing gifts.
Have fun!
Well, the votes are in for Arlington's favorite businesses. When new people come into the area and ask about restaurants, The Lost Dog Cafe is always on my list of recommendations....apparently it's on other people's list too. I feel just a bit smug in that the N. Arlington location is walking distance to my house. This award may make the wait a little longer. Thank goodness they've expanded and added a new restaurant in South Arlington. The list of all the winners is below. I have been to almost all of these places and it's one of the reasons I love this area.
Also, the Lebanese Taverna, and the Thai restaurant in the same area are also excellent (IMHO).
Here are the all the results for the 2009 Abbie winners:
Arlington,Va has a very vibrant art and culture community.
Here's are a few examples:
There will be a "Fabulous Night of Tango" brought to you by National Chamber Ensemble at the Rosslyn Spectrum. 1611 N. Kent St. Tickets are available from $25.00
IMAGE/PROJECT AT THE ARLINGTON ARTS CENTER
November 20 - January 16, 2010
Opening Reception: Friday, Nov. 20. 6 - 9 pm
3550 Wilson Boulevard, Arlington, VA 22201 703-248-6800
AAC's national juried show of photo and video work reflects the ways in which contemporary artists tend to approach photography and video: some view photography as either a means for documenting or presenting cross-disciplinary projects, others as a tool for enquiry into the ways we perceive and live in the world. Works were chosen by Guggenheim fellow and internationally recognized artist Taryn Simon.
If you would like to get on the email list for regular updates on cultural events, click the link below and subscribe to the newsletter:
https://www.arlingtonva.us/subscriptions/subscribe.asp
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
© 2009 ActiveRain Corp. All Rights Reserved