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Market Conditions for Arlington, Virginia
Reported by Katie Loughney, REALTOR
Updated November 16, 2009.
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Current Market Rating: 3
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Buyer's
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Seller's
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Current Price Trend: 3
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Falling
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Rising
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Within the last month, 64 single-family detached homes, 16 duplexes/townhouses, and 103 condos have changed hands in Arlington. Closing prices for detached homes ranged from $189,900 for tear-down foreclosure to $1,884,000 for a brand new 5 bedroom, 5 ½ bathroom home. Closing prices for duplexes and townhouses ranged from $229,900 for a 1,200 square-foot, 2 bedroom, 1 bath duplex to $1 million for a 3,400 square-foot, 3 bedroom, 2.5 bath luxury townhouse in Ballston. Closing prices for condos ranged from $100,000 for a 546 square-foot, studio to $895,000 for a 2,512 square-foot, 3 bedroom, 3.5 bathroom condo.
ZIP Codes: 22201, 22202, 22203, 22204, 22205, 22206, 22207, 22209, 22211, 22213
Approximate Location Boundaries: Just across the Potomac River from DC, east of Falls Church, and north of Alexandria
Location Characteristics: Arlington is located directly across the Potomac River from Washington D.C. The county is comprised of unique neighborhoods, giving the area a strong sense of community. Approximately 200,000 people live in Arlington. Many residents are active in their communities, with more than 50 civic associations and 100 community service organizations. Most properties are situated within a short walk of the county's many public parks, playgrounds, community centers, and biking and jogging trails. Arlington's close-in location is easily accessible by car and public transportation to downtown Washington DC. Within the last ten years, the whole area has transformed and is now booming with business, restaurants, nightlife, and recreational activities.
For More Information:
View Market Conditions of other areas served by Katie Loughney
Navigate: Top > Virginia > Arlington
About Katie Loughney:
Katie has been in the real estate industry for over 5 years and is licensed in both Virginia and the District of Columbia. In 1999, Katie received an MBA from The Kellogg School at Northwestern University and has a strategy consulting background. She is a highly motivated and very reliable Realtor who works with honesty and integrity. Katie's clients are her primary focus and her work is comprehensive and thorough. Having lived in the Washington DC metro area for 20 years, she has gained a strong knowledge of the neighborhoods and communities and always knows the current trends.
Katie utilizes the latest technologies, market research and business strategies to meet your expectations. However, more importantly, she listens and that means she finds solutions that are tailored to you.
For sellers, Katie will conduct a comprehensive market analysis to determine just the right list price and will execute a proven market strategy to sell your home. For buyers, she will listen to your needs and will diligently search and work with you until she helps find the right home.
Please feel free to contact Katie with any of your real estate questions. If you are interested in joining her mailing list to receive a free monthly real estate newsletter, please email her at katieloughney@mris.com.
Education and Licenses:
• Licensed in Virginia and Washington DC
• BA from Georgetown University
• MBA in Management and Finance from Northwestern University, The Kellogg School
Prior Work Experience:
• IBM Global Business Services: Strategy Consultant and Knowledge Manager
• PricewaterhouseCoopers: Strategy Consultant
• Booz Allen Hamilton: Environmental Consultant
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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