How is the NoVA condo market vs DC?
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Anonymous
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Are you seeing any difference in how condos are selling in close-in NoVA locations (like Clarendon) compared to how condos are doing in DC?
I know the overall condo market has stalled quite a bit lately with units taking longer to sell and often selling for less, but I’m curious if there’s any real difference between the NoVA and DC markets. |
Anonymous
| Condo prices fell just about 10% in Arlington in the first half of 2025. Not a good time to sell. |
Anonymous
| Condos are never a good investment. The supply is too responsive to demand and the embedded land value of the property is too low. Anything where you don’t own the land under your house is unwise to purchase if you plan on selling at some point. |