shirlington va: The Arlington Condo, Arlington VA ~ 1st Quarter 2014 Market Review - 03/28/14 04:47 AM
As the 1st quarter of 2014 draws to a close, 8 units in The Arlington Condominium had successfully reached the settlement table, with another 3 units under contract.  Though it is early to draw a trend, 2014 should do well above the 5 year rolling average of 30 sold units per year, especially when considering the unusually cold and snowy weather we have had so far this year. 
With the limited data points, it is interesting to see that the loan M model sold for an unusually low net sales price of $254K, which was due to the dated condition … (12 comments)

shirlington va: The Arlington Condo, Arlington, VA 22206 ~ SHORT SALE SUCCESS! - 08/24/13 03:58 AM
Short Sale SOLD in The Arlington
A successful end to 5 ½ months of paperwork and negotiating with two lenders, as short sale approval was granted and the finish line for my client’s was reached yesterday.  A new owner joins The Arlington association and has a great rental unit to serve this very popular area near Shirlington, while my client’s have piece of mind that this chapter of their life is closed and they can finally move forward.
 
The unit is a B model, an 800 square feet upper level unit, with wood burning fireplace in the living room … (0 comments)

shirlington va: The Arlington Condo, Arlington, VA 22206 ~ 2012 Year End Report - 02/19/13 02:03 AM
The books have been closed on real estate sales in The Arlington for 2012.  For the year, a total of 37 units reached the settlement table, which is well above the rolling 5 year average of 30 units and just 1 shy of the 2010 high water mark of 38 units for that same period.
 
Of particular note is the number of upper level units, B & M models, which accounted for 75% of all sales, and the M models accounted for 48% of sales by themselves.  These percentages represent the high mark over the past 5 years, with M … (5 comments)

shirlington va: The Shirlington Report ~ January 2013 - 02/18/13 05:26 AM
                   ~ The Shirlington Report ~
The New Year is here upon the Shirlington real estate market here in Northern Virginia… which is just across the Potomac River from Washington, DC.  The January report provides a great insight into the movement of the market and the coming Spring market.
As of January 31st, there were 27 active listings throughout the condo associations included in this report.  Additionally, there were 14 units in the contract process and 13 units made it to the settlement table.  This number of settlements is above January 2012’s total of 9 units and matches the total … (0 comments)

shirlington va: Shirlington Real Estate Report ~ December 2011 - 01/08/12 10:32 AM
 The Shirlington Report
~ December 2011 ~  
A total of 20 Shirlington condos went to settlement in December and half of the 14 units under contract received their offer in the month.  This number of settlements is the lowest since February when just 18 units sold. 
At a glance it would appear that Shirlington real estate is solidly a sellers market, with only a bit over a 2 month inventory of available units, however inventory has already begun to increase.  Since the ball dropped in Times Square, 7 new listings have come on the market, and they are not any of the 15-20 units … (0 comments)