1 sold in Shilrington Village in July 2009

In July 2009 there are 30 condos that sold in the 22206 zip code. They sold for 87.72% of original listing price, and 98.35% of most recent listing price.



Only 1 of those 30 condos sold was in Shirlington Village. That home was an 787 square foot, bank owned property. It sold for 100% of it's $341,000 it's most recent asking price. But it had originally been asking $361,000. It was sold in 49 days on the market.



That same month last year, July 2008, there were 3 properties sold. They sold in an average of 38.7 days on the market.



As for rentals there was one property rented in July 2009. It was a 2 bedroom 2 bathroom 1257 square foot home that rented for $2,400 in 71 days on the market.



There is now 1 property on the market, for sale or rent. It is a 1 bedroom 1 bathroom property on the 3rd floor asking $325,000. This property is a short sale.



Data from MRIS

2 sold in June = Shirlington Village (22206 zip code)

There were 2 homes old in June of 2009. They were different models. The first was a one bedroom one bathroom, 961 square foot, home on the third floor. It sold for $356,000 with no seller subsdiy. That comes to the net price of $356,000 (unchanged) and a figure of $370/square foot.

The 2nd property sold in June was a two bedroom two bathroom, 1252 square foot, home on the tenth floor. This home sold for $475,000 and $8919 in seller subsidy to the buyer. So a net price of $466,081, and a figure of $372/square foot.

This sales activity for June of 2009 is equal to that of June 2008, where there were also 2 properties sold.

There is currently 1 property for sale. It is a 2 bedroom 2 bathroom, fourth floor home with 1376 square feet. It is on the market at a price of $589,900. This property has been for sale for 118 days, and originally was asking $698,000.

Data from MRIS

1 Sold in Februray (09)

1 property SOLD in February 2009. It doesn't seem like a lot, but it's a lot more than the zero (0) for January 2009. It's also better than the zero (0) for the same month (February) in 2008.

The property that SOLD was a 1 bedroom 1 bathroom with 781 square feet. It was asking $359,900 and sold for $343,000. There was also a $5,000 seller subsidy, or closing cost credit to the buyer, effectively bringing the net purchase price to $338,000. The home was on the market for 122 days. As far as I'm aware it was not a distress sale. In fact I believe the owners were simply moving because they needed more space.

(data from MRIS)

01-25-09 Shirlington Village = Market Snapshot

There have been no SOLD properties of record this year for Shirlington Village, so let's talk about what's available. I have data on 2 units that are available for purchase. There is a one bedroom 2 bathroom with over 1000 square feet that his been on the market for over 150 days. Then there is a one bedroom one bathroom model that has been on the market for just about as long, save a few days. Both are located on the seventh floor.

While there has been 1 property rented this month. It was a 2 bedroom 2 bathroom model that rented for $2,200/month, when asking $2,300. There are two times as many AVAILABLE RENTALS compared to the available sales. So a total of 4 that are available to rent. See the data below, it's a smattering of unit styles. You will notice some similar addresses because the two above that are available for PURCHASE are also available for RENT. In addition to those there are 2 other homes for rent, one on the tenth floor, and one on the eighth floor.

(Data from MRIS)