With prices in the DMV housing market continuing to rise, some buyers are opting to purchase something smaller with a corresponding lower price.
Since the beginning of the year, there have been 129 efficiency condominiums and cooperatives sold in the District, ranging in price from $147,000 to $400,000.
In Maryland, there were 28 sold in Montgomery County priced from $68,000 to $320,000. Arlington ruled Northern Virginia with 30 units sold between $120,000 and $370,000.
Elsewhere inside the Beltway, there were 29 more. Most of these homes are 500 square feet or less, perhaps a little larger than the size of a typical two-car garage.