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Watergate at Landmark --- market update

By
Real Estate Agent with Nesbitt Realty at Condo Alexandria 0225-089134

Here's a market update prepared by Ben Fornshell of Condo Alexandria. If you'd like to learn more about Watergate at Landmark is located in Alexandria's West End.

Watergate at Landmark is located at 203, 205, 307, 309 Yoakum Pkwy near the intersection of King St and 395 in Alexandria, VA. With easy access to I-495/I-95, and 395. Watergate at Landmark was built in 1976, and is a 15 minute commute to D.C.

Amenities include:

  • Open spaces
  • Outdoor pool
  • Indoor pool
  • Sauna
  • Gym
  • Tennis Courts
  • Putting greens
  • Balconies
  • Garage Parking Available
  • In Unit Washer/Dryer
  • All utilities included in condo fee
  • Electric Heat Pump
  • Central A/C

There are condos available for sale now.

Here's a price report based on the last two years of sales and rentals. Each report contains the median price along with high and low over the period. All price reports are approximations and should not be used to judge final sales values.

Unit Type For Sale Condo Fees Rental
One Bedroom, approx 990 to 1200 sf 169,000 (146,500 to 195,000) 600-700 1463 (1345 to 1800)
Two Bedroom, approx 1310 to 1620 sf 226,020 (187,906 to 258,000) 660-800 1700 (1500 to 1850)
Three Bedroom, 1620 approx sf 262,038 (240,000 to 287,000) ~990 2000 (1995 to 2200)

 

Comments(2)

Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
GettysburgGerry Social Meida

My wife & I love that area and visit often, is it just me or have prices gone down in the area? I am not familiar with prices there, I only know it from a tourist point of view...

Jan 02, 2010 03:18 AM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Certainly prices declined over the past two years, but not so much in the prime areas.  I often say that real estate prices are tied to employment and job opportunities.  So long as the Federal government continues to grow, the local real estate market in Northern VA will continue to grow.

Jan 02, 2010 09:36 PM