The Arlington Condominium is on a tear!
So far through the first 22 days of 2012, 5 units have gone under contract in the association… which equals the total number of units that went under contract in the October – December period at the end of 2011.
This is equal to 36% of the 14 units in the greater Shirlington area that have gotten a contract since the 1st of the year. It seems that many potential buyers had dreams of a new home over the holiday season and with interest rates at or below 4% (depending on product) have motivated many to get off the fence & make an offer.
The Arlington Condominium specifically, and the Shirlington real estate market in general, are a sought after because of the location: close-in proximity to Washington DC-Ballston to Rosslyn corridor-Alexandria dramatically cuts down commuting time, fantastic quality of life with the Village of Shirlington within a mile with shops/restaurants/theatre/movies/County Library, and a suburban feel with the amenities of an urban setting.
The Arlington is a garden style condominium, within the Shirlington real estate market, of 518 units that were originally built as apartments and then converted into condos in 1980. Spread over 24 acres, the community boasts 2 outdoor pools, 2 tennis courts, well over 500 trees (yes, they have counted all the trees in the community), ample green spaces, unassigned surface parking in 17 parking lots and street parking on Wakefield Rd and S. 28th St.
If you are thinking of putting your unit in The Arlington, or elsewhere in Shirlington on the market this Spring, give me a call for a confidential consultation on your unit to see if it's ready for the market. I lived in the community with my wife and son for 6 years and view listings as they come on the market, so I know the association well.