We just closed on this lovely condo in Fairlington at the end of June. The unit sold for $389,000 with $3,000 in seller subsidy.
This unit went under contract in 14 days, thanks to effective home renovations, staging and strategic pricing within the market. Some of the renovations we completed were: painting, new flooring, renovating the bathrooms, as well as new light fixtures. We have found that these improvements have the largest return on investment (ROI) for sellers.
Since going active on the market in May, 25 other properties have gone under contract in the Fairlington community. Average list price was $390’s, with anywhere from $3000-$10,000 in seller subsidy. (Average taken from other 2 bedroom/2 bath units). There are currently 28 properties still active on the market in Fairlington, with a 2 month supply inventory remaining. The price range for these active homes start at $312K and go up to $565K.
Contact us today if you are looking to buy or sell in Fairlington!