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Excerpt from: Virginia Real Estate News

Arlington Virginia Real Estate: October 2008 Condo Inventory

October 06, 2008

Inventory of Condos in Arlington Virginia

As of October 3, 2008, there were 342 condos on the market in Arlington, Virginia. This represents about 41% of the inventory of homes currently available in Arlington. During the month of September, 64 Arlington condos sold.

Over the first 3 quarters of 2008, 715 condos sold in Arlington, or almost 80/month on average.

Based on the September rate of sales, there is a 5.3 month supply of condos in Arlington, a condo market biased slightly towards a seller's market (believe it or not!)

The chart below shows the inventory of condos at the 8 communities with the most current inventory on the market in Arlington:

Arlington VA Condos for Sale

Here are the current average prices in Arlington:

1 BR Condos -- 120 available, average price $343,264

2 BR Condos -- 185 available, average price $474,440

3 BR Condos -- 24 available, average price $884,271

Click here to SEARCH FOR A CONDO IN ARLINGTON

Topic Tags: arlington condominiums, arlington virginia real estate, arlington virginia real estate blog, condos for sale in arlington virginia, northern virginia condo sales, northern virginia real estate

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