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Reply to "Falls Church vs. Alexandria"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The latest published data from NVAR shows that Alexandria is basically a backup market for those that can't get into Mclean, FCC, and N. Arlington. Alexandria: Median 546k, Mean 649k (lower than literally every jurisdiction in NOVA). Falls Church: Median 709k, Mean 760k (highest or second highest depending on which month you look in NOVA). Again, not comparable markets. https://www.nvar.com/realtors/news/market-statistics/market-statistics-february-2022[/quote] What a careful analysis. You forgot to do an [b]apples to apples[/b] comparison. Alexandria has substantially more condos than Falls Church. Go back and do s SFH comparison, and then do a price per square foot comparison. And it's certainly not a "backup" market except in your petty little mind. [/quote] Don't you think that's the PP's point? They aren't apples to apples. Alexandria has made a choice to support cramming more people in by building more condos. FCC has not made that same choice. No wonder everyone is stuck in Alexandria not able to go anywhere. Their infrastructure isn't made to support their choice to chase property tax dollars made on condo owners. They are reaping what they sow. Oh well, lesson learned?[/quote] LOL. You live in a fantasy land. [/quote]
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