North Arlington Condo Market Update – July 2008

Zip Codes 22201 and 22203 (includes Ballston, Virginia Square, Clarendon)

1 BR Units

2BR Units

ACTIVE LISTINGS as of Jul 22

Average List Price

$353,716

$518,239

Number of Active Listings

49

74

Average Property DOM(P) – Actives

69

90

SOLD LISTINGS

Average Sold Price for Previous Month (does not include seller subsidies)

$346,651

$452,120

Number of Sold Listings in Previous Month

26

16

Average Property DOM(P) – Solds

54

79

Absorption Rate (Balanced Market = 6)

1 Bedroom Condos = 1.9 Months

2 Bedroom Condos = 4.6 Months

* Statistics exclude retirement communities

Click here to see the previous North Arlington Condo Market Update

Source: MRIS data as of 07/22/2008. All data deemed reliable but not guaranteed.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *