condominium: Palazzo at Park Center #4431, Alexandria Under Contract in Just 4 Days - 03/26/18 01:17 PM
Palazzo at Park Center Unit #4413
Under Contract in Just 4 Days
 
Another great listing in the Palazzo at Park Center is under contract with AJ Heidmann as the listing agent.  Unit #4431 is located on the top floor, has a vaulted ceiling in the living room, large bathroom with oversized soaking tub, huge walk-in closet, and features new carpeting-ceramic tile flooring-fresh paint to create a true turn key property.  Ideally located just steps from elevator; with the assigned parking space in the garage similarly located for ultimate convenience.  The unit also has received major component upgrades with a new HVAC sytem in … (2 comments)

condominium: The Shirlington Report ~ February 2012 - 03/06/12 04:56 AM
 
~ The Shirlington Report ~
The Shirlington real estate report for February shows the impact of the huge jump in contract activity in January. There were 17 units that reached the settlement table, which was just one unit shy of the results in February 2011.  Coincidentally, there were 17 new listings in February, so the net number of available units is the same as in January at 37.
I hate keep singing the same refrain (and re-use verbiage from the previous months’ report), but here it is.  Inventory… or more correctly the lack of inventory is an issue currently, … (11 comments)

condominium: Trends in Real Estate for Shirlington, VA - 03/02/12 08:39 AM
The Shirlington real estate market has been plugging along, steady eddy style for the past 4 years, with the number of units sold has staying within a narrow 5% range.  This is a contrast to the 2006-2007 years that marked the end of the market bubble in condominiums in our area. 
 
However, it is incredibly important to point out that 2011 was the first full year without any home buyer tax credit in a while, yet the Shirlington real estate market maintained sales on par with those years that were “goosed” by the credit.  
 
As we begin … (9 comments)

condominium: The Shirlington Report ~ June 2010 - 10/05/10 07:24 AM
The Shirlington Report
~ JUNE 2010 ~ 
After a break from blogging and moving to our new brokerage firm, McEnearney Associates, Inc. in Arlington, it's time to catch up on the goings-on in the Shirlington condo market.  By weeks end, I have you back up to speed on the sales and rental markets in this fabulous area to live, just outside of DC in Northern Virginia and just down I-395 from the Pentagon.
It was an extremely busy month for settlements of Shirlington real estate with 40 units reaching the settlement table under the extended Home Buyer Tax Credit.  The end of … (5 comments)

condominium: The Shirlington Report ~ November 2009 - 12/04/09 04:01 AM
The Shirlington Report
~ November 2009 ~ 
It was a busy month for settlements of Shirlington real estate with 33 units reaching that milestone, presumably in part due to November 30th being the deadline of the original 1st Time Homebuyer Tax Credit.  New condo listings hitting the market in November were down by almost half from October at 18, the normal seasonal slowdown appears to on track, bringing total amount of active listings to 47 which matched the previous month's number.  New this month, contingent offers with unresolved contingencies have been separated from those units fully under contract.  Surprisingly, not a single … (4 comments)

condominium: The Arlington Condominium Report ~ YTD November 2009 - 12/02/09 03:59 AM
             The Arlington Report for YTD November 2009
      Model      # Sold             Sales Range             Ave. Price      Ave. Subsidy
    A  Lower        1                 $300,000              $300,000          $9,750
    B  Upper        8       $260,000 - $295,000      $281,375         $3,795
    C  Lower        6*      $275,000 - $293,000      $284,167          $1,667
    L  Lower        1*                $345,000              $345,000           $ 0
    M  Upper       4*      $300,000 - $311,000       $306,250         $4,831
 
*Excludes a short sale due to the distressed nature of the sale
Data source: MRIS settled transactions 1/01/2009 - 10/31/2009, deemed reliable, but not guaranteed
Compliments of AJ & Jodee HeidmannYOUR Resident Specialists for The Arlington
The YTD November numbers for The Arlington look very much like the YTD October numbers... because there weren't … (0 comments)

condominium: The Shirlington Report ~ October 2009 ~ - 11/11/09 06:07 AM
The Shirlington Report
~ October 2009 ~ 
It was a busy month for Shirlington real estate with 50 new condo listings hitting the market in October, 23 of 30 units under contract getting ratified within the month, and 34 units making it to the settlement table.  Early contract activity in the month was skewed towards lower priced properties, presumably 1st time home buyers trying to get in under the original deadline for the tax credit, while activity in the latter half of the month was geared to higher priced units.
 
  
 
 
 
 
 
 
 
 
 
 
 
 
The … (2 comments)

condominium: The Arlington Condominium Report ~ YTD October 2009 - 11/04/09 03:42 AM
                                                                                       The Arlington Report for YTD October 2009
      Model      # Sold             Sales Range             Ave. Price      Ave. Subsidy
    A  Lower        1                 $300,000              $300,000          $9,750
    B  Upper        8       $260,000 - $295,000      $281,375         $3,795
    C  Lower        6*      $275,000 - $293,000      $284,167          $1,667
    L  Lower        1*                $345,000              $345,000           $ 0
    M  Upper       4*      $300,000 - $311,000       $306,250         $4,831
 *Excludes a short sale due to the distressed nature of the sale
Data source: MRIS settled transactions 1/01/2009 - 10/31/2009, deemed reliable, but not guaranteed
Compliments of AJ & Jodee HeidmannYOUR Resident Specialists for The Arlington
There were 3 additional closings in the month of October, which brings the total number of market rate units sold … (2 comments)

condominium: The Arlington Condominium ~ YTD September 2009 - 10/12/09 08:30 AM
 
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 - … (3 comments)

condominium: The Shirlington Report ~ September 2009 - 10/06/09 08:42 AM
The Shirlington Report
~ September 2009 ~ 
A total of 32 units went to settlement in the month of September, while 25 of the 27 units under contract were ratified during the month.  Of this activity, 1st time home buyers continue be the driving force as they scramble to qualify for the $8,000 tax credit, which requires settlement take place on or before November 30th.  At our open house this past weekend, 75% of attendees were 1st time home buyers scrambling to find units to make an offer on.
 
 
 
 
In September, the units sold were much more tightly grouped vs August, without … (0 comments)

condominium: The Arlington Condomium ~ YTD August 2009 - 09/15/09 04:52 AM
The Arlington Report for YTD August 2009
                                                  Model      # Sold          Sales Range             Ave. Price    Ave. Subsidy
          A Lower        1                 $300,000               $300,000         $9,750
          B Upper        5         $280,000 - $295,000      $287,200         $4,472
          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
Compliments of AJ & Jodee HeidmannYOUR Resident Specialists for The Arlington
Activity within The Arlington has remained strong since the 1st Time Homebuyer Tax Credit was announced, strong open house attendance, and another 4 units listed Under Contract.  Pricing has become more stable, but above average sales prices are … (0 comments)

condominium: The Shirlington Report ~ August 2009 - 09/15/09 04:37 AM
The Shirlington Report
~ August 2009 ~ 
A total of 24 units went to settlement in the month of August, while 14 of the 30 units under contract were ratified during the month.  Of this activity, 1st time home buyers appear to have been a driving force as they seek to qualify for the $8,000 tax credit, which requires settlement take place on or before November 30th. 
 
As far as where these sales took place across the pricing spectrum, 50% of these transactions occurred below the $350K threshold, another potential indicator of 1st time home buyer activity.
 
 
 
(0 comments)

condominium: The Secluded & Secure Plaza in Alexandria - 08/18/08 11:35 AM
The Plaza in Alexandria is a refuge from the daily grind, with a secluded 2-acre, professionally landscaped interior courtyard to relax in.  Sitting on N. Howard Street between Duke St and Seminary Road, this fantastic community flies under the radar of most agents here in Northern VA, though it shouldn't be!
 
Built as a quadrangle with a fully enclosed courtyard that hosts the outdoor pool, gym, his & her sauna/locker rooms, community room, and walking path, this community provides the best value proposition in the area.  For those that commute on the Metro-rail, the Metro bus stops directly in front of the building and wisks … (0 comments)

 
AJ Heidmann ~ CRS, YOUR Alexandria & Arlington, VA Real Estate Expert (McEnearney Associates, Inc.) Rainmaker large

AJ Heidmann ~ CRS

YOUR Alexandria & Arlington, VA Real Estate Expert

Alexandria, VA

More about me…

McEnearney Associates, Inc.

Address: 4720 Lee Highway, Arlington, VA, 22207

Mobile: (703) 474-1260

Office: (703) 717-6324

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