Arlington Virginia Average Condo Prices -- June 2008

By
Real Estate Agent with RE/MAX Allegiance, Managing Broker/Branch Vice President

Arlington Virginia CondosAs of mid-June 2008, approximately 41% of the homes currently on the market for resale in Arlington,  Virginia are condominium units.  Condos are scattered throughout the county of Arlington, but the highest concentrations are found in Rosslyn to Ballston corridor along the Orange Line Metro and in the Pentagon City/Crystal City areas.

How much do condos in Arlington cost?

In May 2008, there were 115 sales of condos in Arlington at an overall average net sales price of $348,373.

 

Of the 376 condos currently on the market (as of June 16, 2008), there are:

  • 11 studio condos at an average listing price of $192,607
  • 141 one bedroom condos at an average listing price of $322,132
  • 193 two bedroom condos at an average listing price of $451,780
  • 29 three bedroom condos at an average listing price of $784,419

 

Olympus Condos -- Arlington VAThe charts below detail the average asking prices at the Arlington condominiums with the most currently available inventory.  The data is broken down by style of condo (garden, mid-rise, or high-rise) and the number of bedrooms.

 

 

Arlington has been somewhat immune from the drops in price that have occurred throughout other parts of Northern Virginia.  This is especially true with condos along the Orange Line Metro for which buyers are still willing to pay a sizable premium.

 

 

Click here to start your search for an Arlington condo.

Garden Style Condos (1-4 floors)

 

Condominium

1 BR

Avg. Price

2 BR

Avg. Price

3 BR

Avg. Price

Arlington Heights

2

$133,750

3

$209,600

1

$191,900

Courtbridge I & II

2

$272,000

4

$333,700

X

X

Fairlington Village

4

$309,800

2

$382,500

1

$375,000

Frederick Courts

1

$109,900

7

$186,957

X

X

Park Glen

X

X

5

$212,060

X

X

Westmoreland Terrace

5

$260,560

X

X

X

X

Windgate of Arlington

4

$289,175

X

X

X

X

Mid-Rise Condos (5-8 floors)

 

Condominium

1 BR

Avg. Price

2 BR

Avg. Price

3 BR

Avg. Price

Cardinal House

2

$276,950

1

$349,000

X

X

The Columbia

X

X

3

$209,900

X

X

Columbia Knolls

2

$151,200

1

$139,000

X

X

The Chatham

1

$200,000

4

$273,475

X

X

The Palazzo

1

$139,900

2

$163,900

X

X

Wooster & Mercer Lofts

2

$857,875

1

$1,599,900

1

$1,950,000

High-Rise Condos (9+ floors)

 

Condominium

1 BR

Avg. Price

2 BR

Avg. Price

3 BR

Avg. Price

Atrium

5

$413,518

3

$649,300

X

X

Ballston 880

1

$349,000

4

$486,725

X

X

Bellavista

2

$335,000

4

$489,950

X

X

Belvedere

2

$379,000

2

$639,900

1

$1,295,000

The Carlton

2

$202,500

6

$218,950

X

X

Clarendon 1021

5

$407,918

6

$556,950

1

$699,965

Continental

2

$354,950

6

$528,966

X

X

Crystal Gateway

X

X

5

$585,980

3

$799,767

Crystal Park

1

$339,888

2

$469,950

2

$667,450

The Eclipse

5

$395,960

5

$506,980

2

$1,174,900

Hawthorn

X

X

8

$492,375

X

X

Odyssey *

2

$411,944

3

$637,200

2

* see notes

The Representative

X

X

4

$528,248

1

$879,000

Notes on Odyssey condos: 
1.  2 bedroom penthouse suite condo priced at $1,247,500 was not included in average price calculation.
2.  Two 3 bedroom available:  1st floor unit for $749,900; 10th floor corner unit for $1,995,000

CLICK HERE TO FIND AN ARLINGTON CONDO TODAY

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Ambassador
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Eleanor Thorne
Steve Thorne NC Mortgage Experts - Cary, NC
Cary Mortgage Loans 919-649-5057

This is great info - especially since CONDO NUMBERS are not included in the Case Shilling / OFHEO numbers that keep popping up!  Thanks!

Jun 17, 2008 07:27 AM #1
Rainmaker
637,347
Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate

ELEANOR:  Thanks for your comment.  We have a lot of condos and condo buyers over here, so providing pricing information is a valuable service (at least that's how I feel).

Jun 17, 2008 10:01 AM #2
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Rainmaker
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Brian Block

Northern Virginia & D.C. Real Estate
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