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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

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