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.”
Whether caused by the surprising election results or by some other factors, home owners decided it’s finally time to sell their homes.
New listings jumped up to 50 this week, the most in five weeks. While that’s good news for buyers, the bad news is that interest rates also shot up this week. Before the election, rates were about 3.6% for a 30-yr fixed rate. Today, ten days later, the rates are 4% and expected to continue climbing.
Buyers this week ratified 58 contracts outpacing new listings again. The pressure on available inventory was evident this week as seven of the homes sold had been on the market for over 200 days. Two of those had been on the market for over 500 days. This raised the average days on market in Arlington to 83.
Home values are a tale of two markets in Arlington. Year to date, the average price of a condo has declined 3.68% over the same period as last year. Single family detached homes, however, have increased in value by 2.48%, according to data from RBI, the statistical division of MRIS.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 2400 CLARENDON BLVD #616, ARLINGTON, VA 22201 – $439,888
- 2100 LEE HWY #246, ARLINGTON, VA 22201 – $469,000
- 4401 11TH ST N, ARLINGTON, VA 22201 – $539,000
- 5899 1ST ST N, ARLINGTON, VA 22203 – $624,900
- 1008 CLEVELAND ST, ARLINGTON, VA 22201 – $799,900
- 414 GARFIELD ST N, ARLINGTON, VA 22201 – $849,000
- 1210 QUANTICO ST N, ARLINGTON, VA 22205 – $900,000
- 2421 MONROE ST N, ARLINGTON, VA 22207 – $1,050,000
Arlington’s fire and police unions are poised to lose a battle to change the pay scale the county uses — one that union representatives say contributes to ongoing staffing shortages….
Shop local this holiday season at the Winter Bazaar taking place Saturday, December 17-18.
It does not appear that the Asian-inspired restaurant Wagamama will be opening in Clarendon anytime soon. Back in March, the London-based chain with more than 200 locations in 27 countries…
Arts Focus highlights LAC Studios craft show and sale this Saturday, December 3 where you can shop local for one-of-a-kind gifts.
If you’re looking for a mental health professional in Virginia, Washington D.C., or Maryland, we can help.
We provide a confidential and convenient way to get the help you need from the comfort of your own home.
We offer a free 15-minute consultation to see if our services fit your needs.
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Grab some friends and sign up for Parks & Rec’s Eugene J. Green Memorial Winter Basketball League! Adults 18+ can register teams of up to 12 people for the ten-game season. Cost is $765 per team. Games are Mondays and/or Wednesdays at Arlington Mill Community Center starting the week of Jan. 4. Sign up here by Dec. 11.
NCE’s Holiday Concert will bring the finest classical masterpieces and holiday favorites together for the whole family. The festivities begin with Leroy Anderson’s classic “Sleigh Ride” and “Chanukkah Festival”, music from the Nutcracker and by J.S. Bach.
Outstanding Young Artist