River Place in Arlington, Va 22209 – Market Update 7.14.15

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Real Estate Agent with Amanda Davidson Real Estate Group Brokered By eXp Realty 0225221517

River Place in Arlington, Va 22209 – Market Update 7.14.15

River Place Arlington Va 22209River Place is a co-op community located in the heart of Rosslyn in Arlington Virginia. The community has 1700 units that are situated in four buildings; River Place North, South, East and West. Units range in size from studios with 383 square feet all the way up to 3 bedroom Penthouses with over 2,300 square feet. Some sell with an assigned or garage parking spot, while others do not include parking. Parking spots do become available for sale and may be purchased at that time and there are often spots that can be rented. Residents enjoy access to many community amenities; fitness center with a sauna, showers and locker rooms, outdoor pool, gated entry, secure access for each building, concierge, convenience store, dry cleaners, and a salon. The community is known for its prime location; Rosslyn Metro is just 2 blocks away and easy to walk too. Residents can also walk across the Key Bridge to visit Georgetown and surrounding areas.

 

The following is a review of activity in River Place since June 2014.

•Number of Sales: 40

•Highest Priced Sale: $310,000

•Lowest Priced Sale: $124,000

•Median Sales Price: $163,500

•Median Days on Market: 24

•Median Sale Price to List Price Ratio: 93.24%

 

River Place is a unique community due to being one of the few co-ops in the area and whether you’re buying or selling in River Place hiring an agent that has past experience in the community is a must. The financing requirements are different in River Place than what’s standard in most communities and there are a handful of lenders that will provide financing due to it being a co-op. Buyers need an agent that can educate them on purchasing a co-op so that they can decide if it’s the right purchase for them.

 

If you’re considering a purchase in River Place browse current homes for sale or contact me to setup a custom listing alert that will automatically notify you when a new property enters the market. I welcome your questions and would be happy to help in your home search. If you currently own a unit in River Place and would like to know its current value contact me for a free market evaluation and to discuss how I can put my expertise to work for you. I have represented many sellers in the community and welcome the opportunity to earn your trust and business.

 

 

 

 

 

 

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Amanda Davidson Real Estate Group

 exp realty

 

 

      

 

AMANDA DAVIDSON  
l ASSOCIATE BROKER l  
l AMANDA DAVIDSON REAL ESTATE GROUP BROKERED BY eXp REALTY l

C  703.431.3755   |   O  703.988.3151  |   W  www.amandadavidson.com

A  20130 Lakeview Center Plaza #400 Ashburn, Va 20147




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Ambassador
1,770,095
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Amanda, well done River Place in Arlington, Va 22209 market report. There is much value in this property and I would contact Amanda S. Davidson to find out more.

Jul 14, 2015 12:54 AM #1
Rainmaker
2,534,976
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Amanda, while working in D.C. I had looked at a condo at River Place but at the time was unsure about the co-op. River Place is such a great location for those working in DC.

Jul 14, 2015 01:07 AM #2
Ambassador
3,984,175
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Great marekt report packed with so much good information Amanda. You truly are the market expert in Arlington VA.

Jul 14, 2015 02:28 AM #3
Rainmaker
2,324,615
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Amanda: Buyers will need to act fast if they want a River Place property. These properties are not on the market long before they are picked up by eager buyers.

Jul 14, 2015 08:45 AM #4
Rainmaker
3,282,904
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Buyers and Sellers in Alexandria, Va.  Call Amanda Davidson at 703-431-3755 for all of your real estate needs.  She is the tops Broker in the area!

Jul 14, 2015 09:25 AM #5
Rainmaker
1,266,673
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Amanda S. Davidson 

Lovely building a great place to call HOME. Have a wonderful week. 

Jul 14, 2015 10:42 AM #6
Rainmaker
3,476,861
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Amanda --- very comprehensive update for the River Place co-op complex in Arlington VA.  Your intimate knowledge of this building is so important to prospective buyers and sellers and they definitely need to contact you when a move is in their future.  

Jul 14, 2015 05:38 PM #7
Rainmaker
4,797,927
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Amanda.  Thanks for the update and the information for the River Place co-op in Arlington, Va.

Jul 14, 2015 08:41 PM #8
Rainmaker
4,207,166
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda, I know you have sold many units in River Place, and great market update for this building!

Jul 14, 2015 10:40 PM #9
Rainmaker
1,528,744
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Thank you all! It's in such a great location and so convenient to get into DC. I have sold many in the community and would be happy to help anyone considering buying or selling in River Place.

Jul 14, 2015 11:27 PM #10
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