Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
The Arlington Condo, Arlington, VA 22206 ~ 2012 Year End Report
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 units in 2008 having a slightly lower percentage of sales. The M unit is the largest unit in the association in a 2Bed/1Bath configuration over two levels, so it lives very much like a town home and consistently carries a higher average sales price over the other configurations.
A Lower 5 $251,000-$317,000 $283,780 $5,994
B Upper 10 $249,900-$300,000 $283,920 $2,120
C Lower 3 $235,000-$307,000 $271,500 $4,167
L Lower 1 $299,000 $299,000 $0
M Upper 18 $249,900-$300,000 $295,544 $3,255
The Arlington was originally built as an apartment complex in 1950 and then converted into condominiums ... more
Are you on The Rain? Grow Your Network!