Join Club

Just Listed in Arlington

Just Listed banner

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.”

It’s over. America’s torment enduring 16 months of nasty negative campaign media bombardment is over. It’s time to move on, and Arlington’s home buyers have done that by ratifying 50 contracts this week.

That record outpaces sellers once again who put only 42 homes on the market this week. At this pitiful rate of new listings and ratified contracts, Arlington has only 2.75 months of inventory. It’s still a strong sellers’ market. Available single family homes are so scarce that properties that have been on the market 8-9 months sold this week, without recent price reductions. This pushed the average days on market up to 66.

A note of caution if you start to see media reports that Arlington’s average sales price has gone down since last year. Statistically that’s true, and that’s because the ratio of single family homes sold to condo sales has dropped significantly. Average condo prices are much lower than single family prices, and so the greater number of condo sales has pulled down the overall average for all home sales in Arlington.

So don’t panic. Single family homes and townhome values have gone up since last year. More on that later.

Note coming soon: 1) a 3BR single family home in zip 22201; 2) a 2BR condo in Clarendon. Call for more information.

Meanwhile, interest rates spiked this week on the surprising election news. The 30-yr fixed rate jumped 5-25 basis points in a still volatile environment ending today at 3.65%-3.85%.

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

Recent Stories

Good Wednesday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar. 🕗 News recap The following articles were published earlier today…

Arlington is receiving nearly $300,000 in federal funds to help clean up the Chesapeake Bay. The money is part of a much larger $206 million federal grant given to the National…

Schedule your tour today to see The Grace and Reva residences in National Landing. Located in the heart of the neighborhood’s vibrant food scene on Crystal Drive, these two residential…

James Beard semifinalist Peter Chang’s second restaurant in Arlington is expected to open next month in Crystal City. Located at 1550 Crystal Drive, the Chinese restaurant NiHao initially planned to…

Award-winning drag queen Tara Hoot is bringing her Family Fun Story Time Brunch to Arlington at Freddie’s Beach Bar! Saturday April 6 at noon! Join Tara for songs, stories, puppets, bubbles and joy! It’s not just stories, it’s a SHOW that’s perfect for kids and kids at heart–fun for everyone! Plus a tasty brunch at Freddie’s! Click the link and make your reservations now! ❤️ 🫧 🌈

Submit your own Announcement here.

The Summer 2024 STEAM (Science/Technology/Engineering/Arts/Math) Fellowship application is now open! Apply by April 15 to be considered!

The STEAM Workforce Development Teacher Fellowship provides Arlington Public Schools (APS) high school, middle school, and elementary school teachers with opportunities to learn about workplace needs in STEAM-related fields and for them to use the experience to enhance student learning to match workplace expectations in a selected industry. STEAM Fellows participate in a three-week summer fellowship, receiving a $4,000 stipend upon completion.

Applicants planning to pursue a fellowship in the arts must demonstrate how they will build connections between the arts and science, technology, engineering, or mathematics.

Click the button to learn more, share, apply, and see the variety of fellowships completed in previous years.

Read More

Submit your own Announcement here.

ACFCU’s Homebuying 101: Steps to Getting Pre-Approved

Are you ready to jump into homeownership, or have you started considering it but don’t know where to start?

Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved. Join ACFCU for

Free Right-Sizing Workshop – How to Get Rid of Your…

Cody Chance and Dick Nathan of Long & Foster are hosting a free workshop at our office on Cherry Hill Rd. (formerly Lee Highway) on the topic of “down-sizing” Thursday, March 28 from 5:30-7:30. We have created a workbook with

×

Subscribe to our mailing list