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 pace of real estate activity slowed this week in Arlington with only 69 new listings and only 48 ratified contracts.
But 17 of those homes sold within a week of hitting the market. The average days on market this week climbed to 48 with half a dozen homes finally selling that had been for sale over six months.
Nationally, existing home sales slipped 3.2% in January over December, and 4.8% over last year. Lack of inventory is blamed, and a slight drop off in sales by first time home buyers. The trend continues of college grads moving back in with mom and dad to save money and pay off school loans rather than buy their first home.
Currently there are only 361 homes actively for sale in all of Arlington. At the current rate of absorption, that is only 1.3 months of inventory.
Interest rates continued their slow gradual climb this week increasing about six basis points to 4.55% for a 30-yr fixed rate. Rates vary greatly among lenders in this rapidly changing environment, so be sure to shop around before locking in your 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.
- 4201 LEE HWY #110, ARLINGTON, VA 22207- $290,000
- 1224 MEADE ST #21, ARLINGTON, VA 22209- $332,000
- 1200 N. HARTFORD ST #506, ARLINGTON, VA 22201- $600,000
- 4122 11TH ST N., ARLINGTON, VA 22201- $724,900
- 1401 KIRKWOOD RD, ARLINGTON, VA 22201- $800,000
- 3854 N. UPLAND ST, ARLINGTON, VA 22207- $829,000
- 4844 27TH ST N., ARLINGTON, VA 22207- $849,000
- 6000 2ND ST N., ARLINGTON, VA 22203- $864,900
The week started as summer and is ending, unmistakably, as fall. On the plus side, we have a stretch of crisp, sunny days ahead, with the exception of some rain…
A 5 BD/2 BA home with a light-filled den and screened back porch is included in Open Houses.
Early voting got off to a muted start today (Thursday) at the Arlington County government headquarters in Courthouse. “We had a line of five voters when we opened at 8…
Wakefield High School and Claremont Elementary School were secured today in response to reports of gunfire in nearby Bailey’s Crossroads.
Now you can have fun with your family and friends when deciding where to eat!
Just hop aboard The Lunch Train and set the destination for: breakfast, brunch, lunch, dinner, or nightlife!
– No app necessary. Simply go to the website if you’d like!
– No account necessary
– Use your current location or a desired location
– Add restaurants you’re interested in, invite your friends, and play the game!
Lyon Park & Ashton Heights’ biennial home & garden biennial tour is back. The tour will include contemporary custom homes, older historic bungalows as well as renovated properties. One of the stunning homes on the tour is pictured above. In addition to beautiful & unique homes, the Villa & Vistas ’22 event will conclude with a festive reception at the Lyon Park Community Center at 414 N Fillmore Street, Arlington VA 22201. What could be better right?
All proceeds from this event will go to the Lyon Park Citizens Association (LPCA) towards our neighborhood jewel & hub, the Lyon Park Community Center (LPCC).
When: Sunday, October 2nd, Noon – 4 PM.
Where: Meet to get your tickets and the tour map at the Lyon Park Community Center (414 N Fillmore Street) We will have a table with information outside.
Are you ready to jump into homeownership or 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 our Homebuying