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Just Listed in Arlington

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Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

The Arlington real estate market this week is sizzling hot with a record 123 new listings and a record 83 ratified contracts. The spring market is now in full swing.

Prices on new listings range from $160,000 to $3 million. The fresh inventory and warm weather sparked a buying spree with 83 properties sold compared to 45 last week. The average days on market dropped to only 32, and the average list price of homes ratified climbed to $712,000.

Mortgage interest rates held steady showing only a tiny drop this week, currently at about 3.65 percent for a 30-year fixed rate. So it’s still a great time to buy in Arlington.

You can access all active listings in Arlington on the Cathell Team website.