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.”
Some great inventory came on the market this week in Arlington, and ready buyers didn’t hesitate to snatch it up.
Seventy-five homes were listed, 54 were sold and half of those (26) sold within a week on the market. Amazing! That robust activity dropped Arlington’s average days on market to just 12!
It’s a brutal market out there for buyers right now. There were more stories told this week in the hallways of realtor offices of bidding wars, each agent seeming to have an even more incredible story. The houses attracting bidding wars fall into two recurring categories — total fixer uppers priced low and properly priced homes that have been updated and show in pristine condition.
Today’s buyers are highly discerning. They want a home that appears to have just come out of a new wrapper, regardless of its real age. After pushing their maximum buying power, they don’t have any cash left for improvements, and they are anxious about taking on projects for which they know nothing about.
Interest rates bounced higher this week after hitting 18-month lows last week. Rates climbed nearly 1/4% to 4.125%-4.375% for a 30-yr fixed rate. Poor buyers just can’t get a break.
Arlington home owners should feel lucky as their values continue to climb. Far better than Londoners. The average sales price of a home in London has dropped 3.8% in the last three months. Surveys indicate that Londoners are very concerned about how the U.K. will exit the European Union and how that will effect their economy. Now is not a good time to swap for a home in Chelsea.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 854 S. Irving Street, Arlington, VA 22204 — $424,990
- 5061 9th Street S., Arlington, VA 22204 — $465,000
- 2632 N. Ohio Street, Arlington, VA 22207 — $755,000
- 3710 N. Lorcom Lane, Arlington, VA 22207 — $800,000
- 1613 N. Harrison Street, Arlington, VA 22205 — $975,000
- 1411 N. Vernon Street, Arlington, VA 22201 — $998,000
- 2776 N. Quebec Street, Arlington, VA 22207 — $1,150,000
- 3101 4th Street N., Arlington, VA 22201 — $1,350,000
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Is home ownership a goal of yours in 2023? Now is the time to make it happen! Grab a (virtual) drink with the area’s top Real Estate experts, learn all about the home buying process and on how you can get $1,500 towards your closing costs immediately!
Did you know the average Arlington renter will spend $150K in 5 years of renting? Stop paying down someone else’s mortgage! Join us for a Rent vs. Buy Happy Hour on Wednesday, April 5th at 6 p.m. via Zoom. If this time doesn’t work, we also are offering times convenient for your schedule!
A lot has happened in the local market since the beginning of the pandemic. Sip on your drink of choice and learn from Northern Virginia, Arlington and Washingtonian Magazines top producing agents! We will discuss the latest market updates, the home buying process and rent vs. buy cost savings. Please RSVP by clicking here.
Call/text Manavi at 703-869-6698 with any questions!
Synetic Theater Camps are a wildly fun, highly accessible choice for young people who love moving, playing games, and making memories. Registration is open now for Summer Camps (sessions June 20-August 25) and there are even a few spots left for Spring Break camp, April 3-7.
Located in National Landing, these performance-based camps are designed for students of all ages – no theater or performance experience required.
Led by professional teaching artists, campers learn acting, movement, and technical theater skills through the lens of Physical Theater. Physical Theater incorporates acting, movement, dance, mime, and acrobatics. If you’ve seen a Cirque du Soleil performance, you’ll find many similarities.
Most first-time campers are new to the performing arts, and teaching artists are well-versed in engaging students at all levels. Parents and campers report that one of the best parts of Synetic is the community, with many families returning year after year because they feel a strong sense of belonging.
Private School Fair
Congressional School to Host MONA Private School Fair Thursday, April 27 at 6:30 PM
Congressional School in Falls Church, VA is delighted to host the MONA (Mothers of North Arlington) at an upcoming Private School Fair. Private schools from around
WHS Spring Festival
Join us at the WHS Spring Festival on April 22, 2023, from 10am- 3pm at Wakefield High School(main parking lot). Come out to shop, play, and eat!
Shop local vendors, arts & crafts, new and used items, food vendors/trucks, and
