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Remaining New Condos in the DC Metro: Where Are They?

by Will Smith

Remaining New Condos in the DC Metro: Where Are They?: Figure 1

The recently-released Year End 2009 Washington Metro Area Condominium Market Overview by real estate sales and marketing firm McWilliams|Ballard talks about the diminishing supply of new condos in DC and close-in areas like Arlington and Bethesda. The report also includes tallies of the remaining units in the submarkets of each city and county. We have pulled out those numbers below so that buyers interested in a particular neighborhood or submarket can get a sense of how many new condos are actually still for sale there.

Also be sure to see our previous coverage of the McWilliams|Ballard report:


THE DISTRICT

Submarket Units Remaining
Penn Quarter/Mt. Vernon Tri. 123
Logan Cir/U Street/LeDroit Park 136
Adams Morgan/Columbia Heights 183
Capitol Hill 84
SE & SW Waterfront 494
Dupont Circle/Kalorama 7
Petworth/East of Rock Creek 31
New York Ave. Corridor/Northeast 67
East of the River 131
Georgetown/West End 67
NoMa 15
Upper Northwest 30
TOTAL 1,368


ARLINGTON

Submarket Units Remaining
Shirlington 59
Ballston 109
Courthouse 51
Clarendon 0
Rosslyn 206
I-395 Corridor 72
Potomac Yard 70
Pentagon City 4
TOTAL 571


ALEXANDRIA

Submarket Units Remaining
Carlyle 36
Old Town 102
West End 3
Del Ray 0
TOTAL 141


MONTGOMERY COUNTY

Submarket Units Remaining
Rockville 172
Bethesda 105
Gaithersburg 111
Takoma Park 57
Wheaton 1
Silver Spring 27
Clarksburg 0
Germantown 106
Potomac 29
TOTAL 608


FAIRFAX COUNTY

Submarket Units Remaining
Reston 42
Rt. 1/I-95 Corridor 66
Fairfax 100
Falls Church 130
Centreville 4
Oakton 2
McLean 0
Herndon 0
Tysons Corner 271
TOTAL 615


PRINCE GEORGE’S COUNTY

Submarket Units Remaining
National Harbor 115
Suitland 198
Hyattsville 88
Largo 0
Bowie 129
Oxon Hill 38
Capitol Heights 29
TOTAL 597


LOUDOUN COUNTY

Submarket Units Remaining
Ashburn 13
Leesburg 5
Lansdowne 111
South Riding 158
Aldie 66
Sterling 71
TOTAL 424


PRINCE WILLIAM COUNTY

Submarket Units Remaining
Woodbridge 569
Gainesville 267
Dumfries 114
Dale City 76
Manassas 33
TOTAL 1,059

This article originally published at https://dc.urbanturf.com/articles/blog/new_condos_where_are_they/1777

6 Comments

  1. SimonF said at 6:21 pm on Tuesday February 16, 2010:
    Thanks for the breakdown. 1,300 new condo units seems like a very low amount for DC proper, but that would be in line with the low housing inventory that has been talked about in previous articles.
  1. Janson said at 6:32 pm on Tuesday February 16, 2010:
    7 new units on the market in dupont/kalorama is amazing. Talk about tight supply. Good sign for those of us who own there.
  1. Rick Bosl said at 6:47 pm on Tuesday February 16, 2010:
    Clarendon still in high demand in Arlington, ZERO units!
  1. SWester said at 5:49 am on Wednesday February 17, 2010:
    I think SW might be a bit skewed since two buildings have just recently opened up a bunch of units (Potomac Place Tower & Waterfront Tower) due to renovations. And lumping it in with SE, which is still a wasteland, is somewhat unfair.
  1. Felicity said at 7:39 pm on Wednesday February 17, 2010:
    Just echoing Janson's thoughts re: Dupont/Kalorama. Wow indeed.
  1. Lance Horsley said at 12:56 pm on Sunday March 14, 2010:
    The Lance Horsley Team w/ Long & Foster who specializes in condos has seen this lack of inventory coming since last year. When the economy was in the worst shape in decades and we had job losses in the metro area for the first time in years, these new condo projects were still selling; undercutting the re-sale market...but being absorbed. So now that most of new construction condos have been absorbed (at least in the larger projects) we will need to rely on smaller projects, apartment conversions, and resale...at least for the short term which is the next few years. It is a great place to live, DC!