Rosslyn VA Then and Now: How Have Development and Home Prices Changed Since 2021?

Rosslyn sits on the Virginia side of the Key Bridge, directly across the Potomac River from Georgetown, and its skyline has been changing for years. In November 2021, Matt Cheney filmed Episode 37 of his On-Site series in the neighborhood to show what was being built and what homes were selling for in ZIP code 22209. This post, updated with Bright MLS data through September 30, 2026, revisits that episode and pairs each 2021 figure with a current counterpart.

Matt Cheney’s 2021 figures are kept here as historical data points, and each one is paired with a current figure so readers can see what has actually changed when living in Rosslyn, Arlington VA 22209.

Data provided by Bright MLS, October 18, 2026. Current figures cover closed sales in ZIP code 22209 from September 1, 2025 through September 30, 2026. ZIP code 22209 includes Rosslyn along with adjoining Arlington areas, so the numbers below describe the ZIP code as a whole rather than the boundaries of Rosslyn alone. Figures should be independently verified.

Living in Rosslyn, Arlington VA 22209: What Episode 37 Covered

On-Site with Matt Cheney is a collection of short videos that follow Matt Cheney through the Washington metropolitan area, visiting the neighborhoods he serves as a real estate advisor. Episode 37 was a return trip to Rosslyn. Matt Cheney explains that the neighborhood was last featured in the series’ eighth episode, filmed about 32 months earlier, before the pandemic, back when the videos were shot on a phone with a selfie stick.

The 2021 episode covered three things. Matt Cheney walked through the construction reshaping Rosslyn, reported what condominiums and co-ops had been selling for over the preceding year, and then did the same for fee simple homes such as townhouses. The sections below follow the same order, and each 2021 figure sits beside its current counterpart.

One note on method. The 2021 numbers came from the year leading up to the video, and the current numbers come from the twelve months ending September 30, 2026. The two windows are about five years apart, so they work best as snapshots of where the ZIP code stood at two moments in time rather than as a precise like-for-like trend line.

Rosslyn Development Then and Now: What Happened to the 2021 Projects

In 2021, Matt Cheney reported that 11 large-scale developments in Rosslyn were under construction, approved, or moving through approval. That count is from 2021 and is now outdated. A verified current count of active Rosslyn projects was not available for this post, so readers who want the up-to-date picture are welcome to ask Matt Cheney directly. What can be checked is what became of the specific projects he featured, along with one major newer proposal.

The Holiday Inn Site: Rosslyn Towers at The Key

Matt Cheney explained in 2021 that the Holiday Inn at the corner of Lee Highway and Fort Myer Drive had been torn down and that developer Dittmar was building two high-rises to replace it: a 38-story hotel with 375 keys and a 25-story apartment building with 500 units, together totaling about 700,000 square feet.

Since then, the project has moved from construction to completion. UrbanTurf’s development pipeline, as of October 21, 2025, listed the project as Rosslyn Towers at The Key, with a 25-story residential tower of 514 units and a 38-story hotel tower of 326 rooms, and showed the residential building as delivered and leasing up. Readers should verify current leasing and hotel status directly, as details may have changed since that update.

The unit and room counts differ slightly from the 2021 figures because plans were adjusted along the way. The developer’s stated goal, as reported by ARLnow, was to open the hotel in the last three months of 2025. Matt Cheney can share where the hotel stands today.

The Key Bridge Marriott Site

In the episode, Matt Cheney pointed to the Key Bridge Marriott, then described as the oldest Marriott in operation in the country, and explained that Woodbridge Capital Partners planned to restore the hotel and build three more residential towers around it, totaling about 900,000 square feet.

That plan did not move forward. ARLnow reported that the hotel closed in July 2021, that Arlington County declared the building a public nuisance in May 2024, and that demolition began in early 2025. According to the same reporting, the approved site plan expired on July 1, 2025, and once demolition finished, the property became a fenced, empty lot with a land value assessed at $47.5 million. The county spokesperson quoted by ARLnow said any future redevelopment would require a new site plan and new County Board approval, and that no applications had been submitted at that time.

The site’s future is therefore an open question, and readers following Rosslyn closely may want to check for new applications with Arlington County.

The Highlands and The Pierce

Matt Cheney described The Highlands in 2021 as a joint venture with developer Penzance in Arlington County, with 884 residential units in three towers, plus a fire station, a park, and shops at street level. He also noted that The Pierce, the condominium building there, was about 40 percent sold and averaging over $1,000 per square foot.

The Highlands has since been completed, and The Pierce is a 104-unit condominium building delivered in 2021, according to Commercial Observer. Current Bright MLS data shows ten closed sales at 1781 N Pierce Street between September 2025 and September 2026, with prices ranging from $860,000 to $3,075,000. Among the nine of those sales with reported square footage, price per square foot ranged from about $677 to about $1,225, and only one closed above $1,000 per square foot. Matt Cheney’s 2021 comment reflected sales during the building’s launch period, and the current closed sales show a wider spread.

One Rosslyn: A Newer Proposal

One Rosslyn was not part of the 2021 episode, but it now features in Rosslyn’s development conversation. Penzance plans three residential buildings at 1901 and 1911 N Fort Myer Drive totaling 862 units: a 30-story tower with 461 apartments, a 27-story tower with 319 apartments, and an 82-unit condominium building, along with about 15,000 square feet of retail. The Arlington County Board has approved the plans, and UrbanTurf’s listing, last updated July 9, 2026, shows the project as planned, with a groundbreaking possible in 2027 and delivery around 2030. Timelines for projects of this size can shift, so the dates are best treated as targets.

Rosslyn 22209 Condo Market: 2021 Figures Next to Current Bright MLS Data

For condominiums and co-ops, Matt Cheney reported in 2021 that 214 units traded in the preceding year in ZIP code 22209, at an average sales price of $638,000 and an average of 52 days on market.

Current Bright MLS data for the same ZIP code shows 188 closed condominium and co-op sales from September 1, 2025 through September 30, 2026. The average closed price was $705,869 and the average days on market was 44.

Matt Cheney did not report median figures in 2021, so the current medians stand on their own: a median closed price of $488,500, a median of 24 days on market, and an average price of $560.42 per square foot.

In plain terms, the number of closed sales is down by 26 units, or about 12 percent. The average closed price is up by $67,869, or about 10.6 percent, and the average days on market is down by 8 days. The average list-to-sale ratio across the 188 closed sales was 98.16 percent, meaning the typical closing came in slightly under list price, though individual results ranged from 88.82 percent to 110.50 percent.

Averages tell only part of the story in a ZIP code with this much variety. The median closed price was $488,500, well below the $705,869 average, because a smaller number of high-priced sales pull the average upward. Matt Cheney can walk through how a specific building or price range has performed, since the ZIP code-wide numbers blend very different property types.

How Rosslyn 22209 Condo Prices Are Distributed

The range of closed condominium prices in 22209 is wide. The lowest closed sale in the period was $90,000 for a 383 square foot studio, and the highest was $3,850,000. Of the 188 closed sales, 58 closed at or below $285,000, 48 closed at $1,000,000 or more, and 7 closed at $2,000,000 or more. Roughly three in ten sales fell at or below $285,000, while roughly one in four reached seven figures.

Building age helps explain the spread. The median age of the properties in the report was 40 years, with ages ranging from 5 to 79 years. Buildings completed in the 1950s, 1980s, 2000s, and 2020s all appear in the data, and price per square foot differs by building as well as by unit. Across all 188 sales, the average closed price was $560.42 per square foot and the median was $562.50.

Buyers comparing condominiums in Rosslyn 22209 often find that two units with similar prices can differ in square footage, building age, monthly fees, and amenities. Reviewing building-specific sales, rather than relying only on ZIP code averages, can give a more accurate picture. Matt Cheney can pull building-level results for a specific address.

The Highest-Priced Condo Sales in Rosslyn 22209: Then and Now

Matt Cheney highlighted the most expensive condominium sale in the ZIP code in 2021: unit 2001 at Turnberry Tower, a roughly 4,400 square foot residence with three bedrooms, four full bathrooms, one half bath, and large balconies, which sold for $3,175,000.

In the current Bright MLS data, the highest closed condominium sale was $3,850,000 for a three-bedroom, 4,024 square foot residence at 1401 N Oak Street, which closed on September 30, 2025 after 15 days on the market at 100 percent of its list price. That works out to about $957 per square foot. The second highest was $3,075,000 for a three-bedroom residence at 1781 N Pierce Street, which closed on January 29, 2026 after 32 days on the market at about 102.67 percent of its list price.

Turnberry Tower, at 1881 N Nash Street, no longer holds the ZIP code’s top sale. Its highest closed sale in the current data was $2,700,000 for a three-bedroom, 2,595 square foot residence, which closed on May 15, 2026 after 152 days on the market at about 94.77 percent of list, or roughly $1,040 per square foot. In all, ten sales closed at Turnberry Tower during the period, with prices from $845,000 to $2,700,000.

On a price per square foot basis, the highest in the current data was $1,224.66, for a 2,368 square foot residence at 1781 N Pierce Street that sold for $2,900,000 on October 30, 2025 after 207 days on the market. Among the seven condominium sales at $2,000,000 or more, days on market ranged from 8 to 207, which illustrates why unit-specific pricing and presentation matter.

Rosslyn 22209 Townhouses and Fee Simple Homes: Then and Now

Matt Cheney also reported on fee simple properties, such as townhouses, in 2021. At that time, 33 units traded in the preceding year in ZIP code 22209 at an average sales price of $1,315,000, with an average of 17 days on the market.

Current Bright MLS data for detached, twin, end-of-row, and interior row homes sold fee simple shows 12 closed sales from September 1, 2025 through September 30, 2026, with an average closed price of $1,488,000 and an average of 16 days on market.

The 2021 episode did not include medians, so the current medians are shown on their own: a median closed price of $1,653,000, a median of 7 days on market, an average list-to-sale ratio of 100.88 percent, and an average price of $693.54 per square foot.

The number of closed sales is down by 21 units, or about 64 percent, while the average closed price is up by $173,000, or about 13.2 percent, and the average days on market is down by one day. Because only 12 homes closed in the period, the averages can move substantially with a single sale, and the figures are best read alongside the median closed price of $1,653,000 and the median of 7 days on market.

Prices ranged from $770,000 to $2,071,000, and eight of the 12 homes closed at $1,600,000 or more. Five closed above their list price, four closed at list price, and three closed below it. In this segment, a small number of sales and relatively short days on market appeared in the same data window, though results varied by property, price point, condition, and timing, and no specific result is guaranteed.

In 2021, Matt Cheney also pointed to the most expensive fee simple sale: a home at The Bromptons at Monument Place with about 3,500 square feet, three bedrooms, four full bathrooms, two half bathrooms, and direct views of the Washington Monument and the Potomac River, which sold for $2,100,000 in October 2021. The highest fee simple sale in the current data was $2,071,000 for a three-bedroom, 3,252 square foot home at 1417 N Nash Street, which closed on April 7, 2026 after 7 days on the market at about 101 percent of list, or roughly $637 per square foot. That is $29,000 below the 2021 figure.

Living in Rosslyn: Location and Getting Around

Beyond the numbers, Rosslyn’s location is a large part of its identity. Matt Cheney opened Episode 37 by describing Rosslyn as Virginia’s gateway. The neighborhood sits beside the Key Bridge, which connects Arlington to Georgetown, and Bisnow’s reporting places the Rosslyn Metro station about a quarter mile from the former Key Bridge Marriott site. Gateway Park sits next to that site, and Theodore Roosevelt Island, the Pentagon, and Amazon’s HQ2 campus are all described in local development coverage as nearby points of reference.

Buyers considering Rosslyn often compare how a specific address works at different hours, how long the trip to their workplace takes, and how much of daily life they can reach on foot. Visiting at different times of day and touring several buildings is a practical way to compare.

What the Rosslyn 22209 Data Means for Buyers

For condominium buyers, the current data describes a ZIP code with a very wide price range, a median of 24 days on market, and an average closing at about 98 percent of list price. Some units closed below list price after longer marketing periods, while others closed at or above list price within days. Reviewing recent sales in the specific building, along with its condominium documents and fees, is a practical way to ground an offer.

For buyers looking at fee simple homes, the current data shows very few closed sales and short days on market, so having financing and decision-makers aligned before touring may matter. Lot size, parking, and condition can shift value significantly from one home to the next, and results vary by property.

What the Rosslyn 22209 Data Means for Sellers

For condominium owners, the gap between the median and average prices is a reminder that pricing is building-specific and unit-specific. A well-supported price generally starts with recent closed sales in the same building, adjusted for floor, view, condition, and square footage.

Days on market in the current condominium data ranged from 0 to 331. Units that closed within days and units that took several months can sit in the same building, so pricing strategy and presentation are worth planning carefully. Results vary by property, price point, condition, timing, and market competition, and no specific result is guaranteed.

For owners of fee simple homes, the combination of 12 closed sales and a median of 7 days on market suggests that well-priced homes may attract attention, though a small sample makes any single comparison sensitive, and results vary by property, condition, timing, and market competition. No specific result is guaranteed. Matt Cheney can provide a pricing opinion based on the most relevant recent sales for a specific address.

Readers with questions about a specific Rosslyn building, a current value, or a purchase can contact Matt Cheney at (202) 465-0707.

Frequently Asked Questions About Living in Rosslyn, Arlington VA 22209

What ZIP code is Rosslyn, Arlington VA in?

Rosslyn is in ZIP code 22209. That ZIP code also includes adjoining Arlington areas, so figures reported for 22209 describe the ZIP code as a whole rather than Rosslyn alone.

How many condos sold in Rosslyn 22209 over the past year?

According to Bright MLS data pulled October 18, 2026, 188 condominiums and co-ops closed in ZIP code 22209 between September 1, 2025 and September 30, 2026. The average closed price was $705,869 and the median closed price was $488,500.

How do current Rosslyn condo figures compare with 2021?

In 2021, Matt Cheney reported 214 condominium and co-op sales at an average price of $638,000 and an average of 52 days on market. The current Bright MLS data shows 188 sales, an average price of $705,869, and an average of 44 days on market.

What is the highest-priced condo sale in Rosslyn 22209 in the current data?

The highest closed condominium sale in the September 1, 2025 to September 30, 2026 window was $3,850,000 for a 4,024 square foot residence at 1401 N Oak Street, which closed on September 30, 2025.

What happened to the Key Bridge Marriott site in Rosslyn?

ARLnow reported that the former hotel was demolished in 2025 and that the approved site plan expired on July 1, 2025. Any future redevelopment would require new County Board approval. Readers who want the latest status can contact Matt Cheney.

What did townhouses and other fee simple homes sell for in Rosslyn 22209?

Bright MLS shows 12 closed fee simple sales in ZIP code 22209 between September 1, 2025 and September 30, 2026, with an average closed price of $1,488,000, a median closed price of $1,653,000, and an average of 16 days on market.

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