Real Estate
[Cash Buyers] Top 10 Neighborhoods in Clarendon-Rosslyn
See the latest rankings of the Clarendon-Courthouse-Rosslyn neighborhoods with the most cash buyers. Is your neighborhood on the list?
What do cash buyers mean for your neighborhood? Neighborhoods with a high percentage of cash buyers can mean that investors are fixing and flipping homes, which can increase home values overall. In condo communities, a high percentage of cash buyers may mean these are good buy and hold investment properties, where the rent versus purchase price is attractive to investors. In the past year, 836 properties have sold in Clarendon-Courthouse-Rosslyn ranging from a 0-bed, 1-bath condo for $117,000 to a 5-bed, 5.5-bath detached for $2,595,000. Approximately 24% of these homes were purchased with cash. The median sold price was $525,000.
Top 10 Clarendon-Courthouse-Rosslyn Neighborhoods for Cash Buyers
In the past 12 months, a total of 200 homes sold in Clarendon-Courthouse-Rosslyn for cash with a median sold price of $479K. These were the most popular Clarendon-Courthouse-Rosslyn neighborhoods for cash buyers.
| Neighborhood | Type | Cash Sales | % Cash | Sold (Med) |
| River Place | Condo | 46 | 72% | $152,000 |
| Key And Nash | Condo | 7 | 33% | $1,100,000 |
| Station Square | Condo | 7 | 32% | $633,400 |
| Lyon Village | Detached | 6 | 26% | $1,350,500 |
| Rosslyn | Condo | 6 | 50% | $748,750 |
| Clarendon | Detached | 6 | 21% | $1,074,500 |
| Belvedere | Condo | 6 | 27% | $391,250 |
| Phoenix | Condo | 6 | 50% | $656,500 |
| Turnberry Tower | Condo | 5 | 31% | $1,430,000 |
| Colonial Village | Condo | 5 | 15% | $294,000 |
Clarendon-Courthouse-Rosslyn Cash Sales by Property Type
In the past 12 months, a total of 18 detached homes, 14 townhomes, and 147 condos sold in Clarendon-Courthouse-Rosslyn for cash. This was the breakdown by property type and bedrooms.
Find out what's happening in Clarendon-Courthouse-Rosslynfor free with the latest updates from Patch.
| Type | 1 BR | 2 BR | 3 BR | 4+ BR | Sold (Med) |
| Detached | 0 | 1 | 7 | 10 | $1,070,000 |
| Townhouse | 0 | 0 | 13 | 1 | $1,123,750 |
| Condo | 79 | 60 | 7 | 1 | $393,750 |
| Sold (MED) | $250,000 | $648,500 | $1,040,000 | $1,447,000 | $479,950 |
Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.
Find out what's happening in Clarendon-Courthouse-Rosslynfor free with the latest updates from Patch.
Information based on BrightMLS data and deemed reliable but not guaranteed.