Excerpt from:  Virginia Real Estate News
.
October 06, 2008

Arlington Virginia Real Estate: October 2008 Condo Inventory

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

by Brian Block
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