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Just Listed in Arlington

by ARLnow.com Sponsor August 5, 2016 at 6:00 am 0

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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 summer real estate market in Arlington is slow and steady. This week only 52 new listings came on the market, and only 51 homes were sold. This even ratio has not helped to improve the low inventory situation. The average days on market increased this week to 54, and the average list price of homes sold is $654,390.

Interest rates also held steady with just a slight increase of 3 basis points for 30-yr fixed rate now sitting at 3.56% for conforming and about 3.375% for jumbo. A jumbo loan is a principle amount of $417,000 or more.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

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