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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.”

It’s barely February and already the biggest complaint in the market is the lack of homes for sale.

Agents and buyers are getting so desperate they are calling home owners directly asking if they want to sell. This week didn’t help. Only 43 new listings came on the market while 54 homes sold and went off the market.

Arlington’s available inventory continues to shrink. There are currently 401 homes actively for sale in Arlington. At the current pace of absorption, that’s now UNDER two month’s supply at 1.85 month’s supply of active listings. Nationally, this is the lowest inventory level since 1999. A market is considered in equilibrium when there is 5.5 months of supply.

With such an incredible seller’s market here, prices should be rising. But MRIS statistics show that 2016 ended virtually the same average price level as 2015. Actually, single family homes average sales price dropped 1.8% in 2016. How can that be?

Some speculate that incomes in our area have been flat for several years. So maybe Arlington is hitting a price plateau for awhile where average household incomes can only afford the current average home sale price. Whatever the reason, home buyers are already becoming very frustrated.

Mortgage rates ticked up slightly this week by a few basis points to 4.33% for a 30-yr fixed rate.

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 Friday 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…

Spend the first Sunday of March tasting a great wine selection at Arrowine’s Super Sunday Tasting!

Workers lowered signage today (Friday) from the now-former Giant supermarket in the Lyon Village Shopping Center. Several passersby watched with interest as the team unscrewed the letters G-I-A-N-T from the…

New properties just listed in Arlington include a 3 BD/3 BA home with an expanded kitchen, fireplace and two lower levels.

March General Membership Meeting

NAACP Arlington Branch is celebrating Women’s History Month with a virtual public safety and Virginia legislative update. Our speakers are Commonwealth’s Attorney Parisa Dehghani-Tafti and Delegate Adele McClure.

Guest Speakers

Adele McClure
Virginia House of Delegates, 2nd District in Arlington

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Submit your own Announcement here.

Early Years Preschool is a small non-profit preschool and parents day out program that has served local families since 1992. Early Years Preschool is located in the Cherrydale neighborhood at 3701 Lorcom Lane.

Early Years Preschool offers part-time programs for young children between 12 months – 5 years old. Early Years also offers a 6 week summer program! The school day is 9:30-2:30, with the option of morning extended day offered at 9am. Families have the flexibility of registering for 1-3 days/week in their parent’s day out program (12 months- 2 year olds) and 2-5 days/week for their preschool program (3-5 year olds).

Early Years’ teachers provide a nurturing environment that promotes the development of a child’s emotional, social, cognitive, and physical skills. Creative and stimulating theme-based activities allow each child to develop and learn at his or her own pace through exploration and play.

Learn more about Early Years Preschool by contacting the admissions team at [email protected] or by visiting their website at http://www.earlyyearspreschool.org

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Submit your own Announcement here.

Alternative Thursdays

Dedicated to the notion that fans of the Smiths and Morrissey want to hear some of the greatest music ever written in a true live concert setting, Caligula Blushed delivers an authentic rendition of Smiths/Morrissey songs, with each performance based

Renegade Mode

Having worked with the likes of Gary Numan, DJ Neidermeyer lends authenticity a go-go. Enough to satisfy even the purists.

The Renegade boasts all of the virtues of Arlington’s premier music venues while providing bar bites that rival most restaurants

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