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The Arlington Condo, Arlington VA ~ 2013 Real Estate Market Review
The Arlington Condo 2013 Market Review
The real estate for 2013 in The Arlington Condominium in Arlington, VA is best described as... Hot, Hot, Hot!  A total of 49 units went to settlement last year, which is well above the trailing 5 year average of 35 units per year.  While the upper level M model had the most sales again this year, the percentage was down from last year when basically half of all units sold in the community were the 875 square foot M units.

Prices were higher in 2013, with only a couple of short sales within the community, but something curious did happen.  Normally, the upper level B & M models have had a higher sales price, but in 2013 both of the ground floor A & C models had a higher average sales price than the one level B model.  A few nicely renovated ground floor units earlier in the year that helped to provide a pricing floor for these units and brought up the average.
The Spring market started earlier than normal last year, with 7 units going under contract in the month of February alone.  Sales momentum stayed strong through the normally slower summer ... more

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