While the county has suffered along with the rest of the region from a lack of homes for sale, in January there were 209 listings in Arlington. That’s an increase of 9.4 percent in the number of homes for sale compared with January 2019, according to Bright.
Demand in Arlington County is anticipated to remain high in the coming years because of its proximity to the District, access to public transportation, and walkability from many neighborhoods to shops and restaurants. And, of course, the location of Amazon’s second headquarters in the area is enticing investors eager to capitalize on the anticipated employees relocating to the area. (Amazon founder Jeff Bezos owns The Washington Post.)
Construction is set to begin later this spring at Trenton Square at 19 N. Trenton St. by Madison Homes, a Tysons-based developer partnering with the Resmark Cos., a Los Angeles-based real estate investment firm. The townhouses are about two miles from the new Amazon headquarters and about one mile from the Ballston Metro station and from Ballston Quarter, which has shops, restaurants and entertainment.
Priced from $975,000, the traditional townhouses each have four levels with approximately 2,000 square feet and a two-car garage. The townhouses will have three bedrooms and four bathrooms. The fourth-level loft in each townhouse will open onto a private roof terrace.
The first nine townhouses are expected to be complete by the end of 2020, with the remaining townhouses anticipated to be complete by summer 2021.
For updates on the development, visit madisonhomesinc.com.