As of mid-June 2008, approximately 41% of the homes currently on the market for resale in Arlington, Virginia are condominium units. Condos are scattered throughout the county of Arlington, but the highest concentrations are found in Rosslyn to Ballston corridor along the Orange Line Metro and in the Pentagon City/Crystal City areas.
How much do condos in Arlington cost?
In May 2008, there were 115 sales of condos in Arlington at an overall average net sales price of $348,373.
Of the 376 condos currently on the market (as of June 16, 2008), there are:
- 11 studio condos at an average listing price of $192,607
- 141 one bedroom condos at an average listing price of $322,132
- 193 two bedroom condos at an average listing price of $451,780
- 29 three bedroom condos at an average listing price of $784,419
The charts below detail the average asking prices at the Arlington condominiums with the most currently available inventory. The data is broken down by style of condo (garden, mid-rise, or high-rise) and the number of bedrooms.
Arlington has been somewhat immune from the drops in price that have occurred throughout other parts of Northern Virginia. This is especially true with condos along the Orange Line Metro for which buyers are still willing to pay a sizable premium.
Click here to start your search for an Arlington condo.
Garden Style Condos (1-4 floors)
|
Condominium
|
1 BR
|
Avg. Price
|
2 BR
|
Avg. Price
|
3 BR
|
Avg. Price
|
|
Arlington Heights
|
2
|
$133,750
|
3
|
$209,600
|
1
|
$191,900
|
|
Courtbridge I & II
|
2
|
$272,000
|
4
|
$333,700
|
X
|
X
|
|
Fairlington Village
|
4
|
$309,800
|
2
|
$382,500
|
1
|
$375,000
|
|
Frederick Courts
|
1
|
$109,900
|
7
|
$186,957
|
X
|
X
|
|
Park Glen
|
X
|
X
|
5
|
$212,060
|
X
|
X
|
|
Westmoreland Terrace
|
5
|
$260,560
|
X
|
X
|
X
|
X
|
|
Windgate of Arlington
|
4
|
$289,175
|
X
|
X
|
X
|
X
|
Mid-Rise Condos (5-8 floors)
|
Condominium
|
1 BR
|
Avg. Price
|
2 BR
|
Avg. Price
|
3 BR
|
Avg. Price
|
|
Cardinal House
|
2
|
$276,950
|
1
|
$349,000
|
X
|
X
|
|
The Columbia
|
X
|
X
|
3
|
$209,900
|
X
|
X
|
|
Columbia Knolls
|
2
|
$151,200
|
1
|
$139,000
|
X
|
X
|
|
The Chatham
|
1
|
$200,000
|
4
|
$273,475
|
X
|
X
|
|
The Palazzo
|
1
|
$139,900
|
2
|
$163,900
|
X
|
X
|
|
Wooster & Mercer Lofts
|
2
|
$857,875
|
1
|
$1,599,900
|
1
|
$1,950,000
|
High-Rise Condos (9+ floors)
|
Condominium
|
1 BR
|
Avg. Price
|
2 BR
|
Avg. Price
|
3 BR
|
Avg. Price
|
|
Atrium
|
5
|
$413,518
|
3
|
$649,300
|
X
|
X
|
|
Ballston 880
|
1
|
$349,000
|
4
|
$486,725
|
X
|
X
|
|
Bellavista
|
2
|
$335,000
|
4
|
$489,950
|
X
|
X
|
|
Belvedere
|
2
|
$379,000
|
2
|
$639,900
|
1
|
$1,295,000
|
|
The Carlton
|
2
|
$202,500
|
6
|
$218,950
|
X
|
X
|
|
Clarendon 1021
|
5
|
$407,918
|
6
|
$556,950
|
1
|
$699,965
|
|
Continental
|
2
|
$354,950
|
6
|
$528,966
|
X
|
X
|
|
Crystal Gateway
|
X
|
X
|
5
|
$585,980
|
3
|
$799,767
|
|
Crystal Park
|
1
|
$339,888
|
2
|
$469,950
|
2
|
$667,450
|
|
The Eclipse
|
5
|
$395,960
|
5
|
$506,980
|
2
|
$1,174,900
|
|
Hawthorn
|
X
|
X
|
8
|
$492,375
|
X
|
X
|
|
Odyssey *
|
2
|
$411,944
|
3
|
$637,200
|
2
|
* see notes
|
|
The Representative
|
X
|
X
|
4
|
$528,248
|
1
|
$879,000
|
Notes on Odyssey condos: 1. 2 bedroom penthouse suite condo priced at $1,247,500 was not included in average price calculation. 2. Two 3 bedroom available: 1st floor unit for $749,900; 10th floor corner unit for $1,995,000
CLICK HERE TO FIND AN ARLINGTON CONDO TODAY
Thank you for reading my blog post. If you like what you’ve read, then please:
|
2 Comments
on Arlington Virginia Average Condo Prices -- June 2008
Leave a response
|
|
This is great info - especially since CONDO NUMBERS are not included in the Case Shilling / OFHEO numbers that keep popping up! Thanks!