sales activity: Shirlington Real Estate Report ~ January 2012 - 02/17/12 04:15 AM
~ January 2012 ~  
The Shirlington real estate may have limped in with just 9 condos going to settlement in January, which was below the 13 units that sold in January 2011, though it is historically a slow month following the holidays.  What does stand out is the number of units with ratified offers, at 28, in normally slow January.  Apparently, many potential buyers had holiday visions of home ownership and made an offer once the holidays were over. 
 Inventory… or more correctly the lack of inventory is an issue currently, with the Shirlington real estate market having less than 2 months … (4 comments)

sales activity: 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)

sales activity: 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)

sales activity: 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)

sales activity: 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)

sales activity: 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)

 
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

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog