Local Home Sales, Prices Up — “The average price of a detached, single-family house that sold in Arlington County, Virginia, in December was $1,258,648. That is 17% more than the average price a year earlier, according to the Northern Virginia Association of Realtors.” [WTOP]
Crystal City Office Tower Sells for $188M — “The building at 1400 Crystal Drive, totaling 308,000 square feet, was sold in late December by affiliates of Lincoln Property Co. for $188.5 million, or $612 per square foot, to Starwood Capital Group, according to Arlington County property records.” [Washington Business Journal]
