Sunday, August 24, 2008

North Arlington Condo Market Update - August 2008

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


1 BR Units

2BR Units

ACTIVE LISTINGS as of Aug 24

Average List Price

$362,444

$534,537

Number of Active Listings

51

61

Average Property DOM(P) – Actives

66

111

SOLD LISTINGS

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

$320,469

$451,453

Number of Sold Listings in Previous Month

16

20

Average Property DOM(P) - Solds

67

56


Absorption Rate (Balanced Market = 6)

1 Bedroom Condos = 3.2

2 Bedroom Condos = 3.1


* Statistics exclude retirement communities

Click here to see the previous North Arlington Condo Market Update

Source: MRIS data as of 08/24/2008. All data deemed reliable but not guaranteed.


1 comment:

Jim Johnson CRS said...

I enjoy following your blog! The Bend Oregon real estate market is slow. It looks like a good time to buy in your area.