The Arlington Report for YTD August 2009
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.