Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "So the Amazon housing boom isn't happening right "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]PP here and that is my neighborhood. Some homes were priced low in hope for a bidding war and some owners got them. Others did not. Some sold for below asking. There are some still on the market that in other neighborhoods would have already sold. Depends on the strategy of the seller. But it isn’t consistent with every house like it is in many north Arlington neighborhoods. The gains are not like north Arlington. Period. Never have been and never will be unless the local schools stop being 60%+ Farms. When the market goes down, Barcroft and similar neighborhoods will go down too. Happened the last recession and will happen again. South Arlington is not recession proof. [/quote] You aren’t looking at or citing objective data. But anyway, I don’t need to convince you, not sure why you want to be wrong about this. The neighborhood started off lower, but it has not appreciated more slowly, the opposite in fact. Per Redfin (keep in mind this includes sales of condos and townhomes): In March 2021, 22204 home prices were up 29.9% compared to last year, selling for a median price of $543K. On average, homes in 22204 sell after 24 days on the market compared to 15 days last year. There were 36 homes sold in March this year, up from 34 last year. In March 2021, 22207 home prices were up 16.6% compared to last year, selling for a median price of $1.2M. On average, homes in 22207 sell after 34 days on the market compared to 20 days last year. There were 34 homes sold in March this year, down from 41 last year. [/quote] This isn’t apples to apples. 22207 has plenty of McMansions over 1.5 that will sit. 22204 has more condos. If your looking at a standard 3/1.5 colonial or cape cod, the asking price in North Arlington is significantly higher. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics