North Arlington Condo Market Update - Oct 2008

North Arlington/Orange Line Condo Prices
Zip Codes 22201, 22203. Includes Ballston, Clarendon

ACTIVE LISTINGS: 1BR Condos / 2BR Condos
Number of Active Listings: 46 / 68
Average List Price: $351,858 / $526,993
Days on Market (Property): 74 / 100

SOLD LISTINGS: 1BR Condos / 2BR Condos
Number of Sold Listings in Prior Month: 18 / 14
Average Sold Price (excludes subsidies): $313,085 / $461,407
Days on Market (Property): 66 / 64


Absorption Rate
6 = Balanced Market;
>6 = Buyer’s Market;
<6 = Seller’s Market

1 Bedroom Condos = 2.5
2 Bedroom Condos = 4.9

* Statistics exclude retirement communities
Click here to see the previous North Arlington Condo Market Update
Source: MRIS data as of 10/17/2008. All data deemed reliable but not guaranteed.

North Arlington Condo Market Update - September 2008

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

	1 BR Units	2BR Units
ACTIVE LISTINGS as of Sep 29
Average List Price	$352,725	$542,493
Number of Active Listings	50	57
Average Property DOM(P) – Actives	69	119
SOLD LISTINGS
Average Sold Price for Previous Month (does not include seller subsidies)	$323,929	$458,069
Number of Sold Listings in Previous Month	31	32
Average Property DOM(P) - Solds	70	64

Absorption Rate

6 = Balanced Market

>6 = Buyer’s Market

<6 = Seller's Market

1 Bedroom Condos = 1.6

2 Bedroom Condos = 1.8

* Statistics exclude retirement communities

Click here to see the previous North Arlington Condo Market Update

Source: MRIS data as of 09/29/2008. All data deemed reliable but not guaranteed.

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.

North Arlington Condo Market Update - June 2008

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

	1 BR Units	2BR Units
ACTIVE LISTINGS as of Jun 25
Average List Price	$335,979	$520,929
Number of Active Listings	53	79
Average Property DOM(P) – Actives	70	98
SOLD LISTINGS
Average Sold Price for Previous Month (does not include seller subsidies)	$333,247	$454,222
Number of Sold Listings in Previous Month	19	23
Average Property DOM(P) - Solds	56	54