The Arlington Condomium ~ YTD August 2009

Real Estate Agent with McEnearney Associates, Inc.

The Arlington Report for YTD August 2009

                    The Arlington a Condominium Sign                              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 Heidmann
YOUR 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 driven by the precence and quality of individual unit renovations, not a tide that is raising all ships.

Data source: MRIS settled transactions 1/01/2009 - 8/31/2009, deemed reliable, but not guaranteed

* Excludes a short sale at $269,000 because of the distressed nature.

 **Excludes a short sale at $255,000 w/ a $5,000 Subsidy because of the distressed nature.

Posted by


AJ Heidmann ~ CRS,  ABR

Cell 703-474-1260 ~ Office 703-717-6324 ~ Fax 703-839-8283

McEnearney Associates, Inc.

4720 Lee Highway, Arlington, VA  22207

Licensed in Virginia


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august 2009

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AJ Heidmann ~ CRS

YOUR Alexandria & Arlington, VA Real Estate Expert
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