Latest Project to Sell Out: The Phoenix at Clarendon
The Phoenix at Clarendon has sold the last of its remaining units, according to an announcement by McWilliams|Ballard, the firm that handled sales and marketing for the project. The Phoenix is a 181-unit mixed-use development that delivered in 2007 and offered everything from studios to 2-bedroom-with-dens. It is located at 1020 North Highland Street, a couple blocks from the Clarendon Metro station (map).
The Phoenix at Clarendon. Photo courtesy of Condo Authority.
The Phoenix at Clarendon becomes the latest new condo development in the DC area to sell out. Ten Ten Mass, the 163-unit project at the edge of Downtown, sold out a couple weeks ago.
These sell-outs are evidence of a dwindling supply of new condo inventory across the metropolitan area, a trend which many believe may lead to a condo shortage sometime in the next two years. While all the remaining condos are bought up, no new projects are expected to deliver for another couple years. For more on the potential shortage, see:
See other articles related to: arlington condos, clarendon, condo shortage, dclofts, the phoenix
This article originally published at https://dc.urbanturf.com/articles/blog/latest_project_to_sell_out_the_phoenix_at_clarendon/1520.
Most Popular... This Week • Last 30 Days • Ever
A Cathedral Heights condominium—located on Cathedral Avenue—with outstanding buil... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Two Bedrooms with Two Balconies on the Market in Amenity-Packed Cathedral Heights Condominium
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro