Arlington Condos in 22201- Real Estate Update – May 2009

Arlington Condos in 22201- Real Estate Update – May 2009

May has now come and gone along with 32 Arlington condos in 22201. Here’s a brief snapshot of some of the sales last month:

Buildings with 3 Units Sold
Colonial Village
Station Square
Westview

Buildings with 2 Units Sold
1021 Clarendon
The Phoenix
The Odyssey
The Williamsburg
Eastview
The Astoria

There were several other buildings with 1 unit…Windsor Plaza, 1800 Wilson, etc.

For buildings fewer than 10 years old, here are some recent sales:

2 bedroom, 2 bath: Average sale price, $538,000

1 bedroom, 1 bath: average sale price, $370,000

Studio, 1 bath: average sale price, $278,000

For the other buildings in 22201:

2 bedroom, 2 bath: average sale price, $454,700

1 bedroom, 1 bath: average sale price, $330,400

Market snapshots try to encompass high level stats…they don’t account for individual details that really help to narrow down a price range for a certain unit. Several factors go into running more specific market analysis.