This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. Have you done any analysis on the average sale price per square foot by Metro area in Arlington? I’m looking to buy in the Clarendon/Courthouse area and that along with HOA fees are two of the key components I am examining.
A. I have created a report for you that follows the Metro stations along the Orange Line from East Falls Church to Rosslyn. You mentioned in a subsequent email that you are looking at newer condos, so I am going to limit my analysis to condos built more recently than 1999. I’m using data from the MLS so it will not includes some of the new construction sales at Gaslight Square and the growing number of sales that take place outside of the MLS.
East Falls Church
The only newer condo currently located near East Falls Church metro is Westlee. The average cost per square foot (CPSF) is $454 with a range of $442-$476.
Ballston includes a larger number of condo options, such as Liberty Center, Continental and Berkeley. You will also start to pay a premium for being within the Ballston to Rosslyn corridor. I did not include condo conversions like Eastview & Westview because they were not actually built after 1999 (despite how they are listed in the MLS). The average CPSF is $555 with a range of $450-$624.
Virginia Square often gets lumped in with Ballston, but I decided to break them up. I included Hawthorn, Lexington Square, Monroe and Ballston 880. The average CPSF is $544 with a range of $463-$600.
Clarendon is consistently in the most demand when it comes to condo buyers like yourself. I included Hartford, Lyon Pointe, Clarendon 1021, Phoenix, Station Square and Clarendon 3131. The average CPSF jumped to $589 with a range of $518-$724.
Condos in Courthouse include Vista, Odyssey, Park, 1800 Wilson, Dakota, Gaslight Square and Wooster & Mercer Lofts. Courthouse is typically a little less expensive than Clarendon but the average cost per square foot is going to be skewed slightly higher because of the luxury Abdo buildings. The average CPSF is $569 with a range of $443-$744.
The numbers in Rosslyn are off the chart because Rosslyn includes the ultra-luxury condo buildings: Turnberry Towers, Waterview and Memorial Overlook. Even though the average CPSF I’m reporting is higher in Rosslyn, I think it is safe to assume that if you built the exact same condo building in Rosslyn and Clarendon, the one in Clarendon would be able to demand a higher cost per square foot. The average CPSF is $815 with a range of $532-$1102.
The views and opinions expressed in the column are those of the author and do not necessarily reflect the views of ARLnow.com.
In loving memory of Joseph Robert Kapacziewski, who passed away in 2023 at the age of 41.
In loving memory of James Stuart Edmonds, who passed away in 2023 at the age of 84.
A man was shot in front of a lounge on Columbia Pike early this morning, continuing a string of violent incidents.
Good Friday evening, Arlington. Today we published articles that were read a total of 17124 times… so far. 📈 Top stories The following are the most-read articles for today —…
YULA’s ultimate frisbee spring season is now open for registration. We offer programs for middle and high schoolers – open to all players, whether they are new or have previous experience.Middle SchoolIn the Middle School league, mixed-gender teams practice once during the week and have games on Sunday afternoons. Spring league is a fun, safe, and positive environment. The season begins mid-March and wraps up with a tournament in early June. There are several options for practice days, so we can often work around schedule conflicts with other sports & activities.High SchoolThe High School program is organized by school of attendance and teams are classified by gender. New players will learn the basics in a supportive, welcoming environment. Experienced players will continue to develop their skills, and enjoy competition with other high school programs. The season concludes with a state level championship tournament in late May.All players are guided by experienced coaches who emphasize sportsmanship and good spirit. Ultimate is a fun sport with great camaraderie!YULA does not want finances to limit anyone from participating. Our middle school program offers a “Pay What You Can” cost structure and our our high school program is offering a $50 discount to new players.Visit our website to register and learn more. Sign up with a friend, but don’t delay, the season starts in March!http://www.yula-ulti.org
The Arlington-Aachen High School exchange is returning this summer and currently accepting applicants.
The sister-city partnership started in 1993 by the Arlington Sister Cities Association, which seeks to promote Arlington’s international profile through a variety of exchanges in education, commerce, culture and the arts. The exchange, scheduled June 17th to July 4th, includes a two-week homestay in Aachen plus three days in Berlin. Knowledge of the German language is not required for the trip.
Former participants have this to say:
_”The Aachen exchange was an eye-opening experience where I was fully immersed in the life of a German student. I loved biking through the countryside to Belgium, having gelato and picnics in the town square, and hanging out with my German host student’s friends. My first time out of the country, the Aachen exchange taught me to keep an open mind, because you never know what could be a life changing experience.” – Kelly M._
Valentine gifts for someone special or for yourself are here at George Mason University from noon -4pm on February 14, 2023. Satisfy your sweet tooth with Kingsbury Chocolates, find a handmade bag from Karina Gaull, pick up treats from Village