Now For Sale At The Phoenix Condo

2 new units are for sale in the building:

Unit 303
1 Bedroom, 1 Bathroom
768 sq ft
1 Parking Space
1 Storage Unit
Listed for $415,000

Unit 902
2 Bedroom + Den, 2.5 Bath
2,145 sq ft + 864 sq ft terrace
2 Parking Spaces
Listed for $1,250,000

Unit 809
1 Bedroom, 1 Bathroom
770 sq ft
1 Parking Space
Listed for $408,000

Recently Sold at the Phoenix Condo

Unit 1002

2 bedrooms + Den, 2 Bathrooms
1,504 sq ft
2 parking spaces

Sold for $735,800 in 6 days

Prices Continue to Increase in Arlington

Prices increased 4.73% over February 2011! Yet another strong month for Arlington. With the price increase came an increase in total unit sold (174), and an increase in how much properties were selling for compared to their original list price (95.7%). Inventory dropped 7.6% from last year, helping the price increase. A total of 10 short sales and 6 foreclosures were sold in all of Arlington County during February. An interesting note on our local economy, 37 of the sales in February were CASH sales.

Continue reading.

Recently Sold at The Phoenix Condo

Unit 721 just sold:

Sold for $396,000
671 sq ft
1 Bedroom, 1 Bathroom
1 parking space

Sold in 4 days

New 2 Bedroom For Sale

Unit 410

2 Bedrooms, 2 Bathrooms
1,020 sq ft
1 Parking Space
Listed for $579,000

See more pictures here. 

New Unit For Sale at The Phoenix

A new unit was just listed for sale:

Unit 615
1 Bedroom with Den, 1 Bathroom
908 sq ft
1 Parking Space
Listed for $495,000

See more pictures here. 

Unit 310 is now under contract after 5 days

Prices Skyrocket During January in Arlington

Overall, average sale prices were up 9.86% in January over 2011. Undoubtedly fueled by the fact that inventory levels were down 12%, days on the market decreased to an average of 77, while properties were selling on average at 95.4% of the original list price. In January, 122 properties sold, of which 6 were short sales and 7 were bank-owned. Condo prices in January increased over 17%!

Single Family Homes, Detached
N. Arlington Average Net Sale Price: $822,829 after 75 days
Range: $395,000 – $1,650,000
S. Arlington Average Net Sale Price: $493,282 after 138 days
Range: $410,000 – $550,000

Townhomes
N. Arlington Average Net Sale Price: $950,190 after 96 days
Range: $635,000 – $1,700,000
S. Arlington Average Net Sale Price: $364,087 after 45 days
Range: $210,000 – $641,695

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $278,611 after 59 days
Range: $140,000 – $386,000
S. Arlington Average Net Sale Price: $232,398 after 84 days
Range: $94,900 – $346,513

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $610,187 after 36 days
Range: $378,025 – $809,900
Not enough sold in S. Arlington to compute an accurate average

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