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 Easter holiday weekend didn’t discourage buyers this week as they kept pace in this hot spring market by ratifying 65 contracts.
Of those homes sold, 27 were gone within seven days of hitting the market. Sellers did their part by listing 67 homes this week which only maintains Arlington’s ridiculously low rate of only 0.95 months of inventory.
C’mon home owners. List your homes for sale. Please! It’s a fantastic time to sell, move up to a bigger home, or retire to your dream home in Florida.
It looked like interest rates were moving up mid-week, but by Thursday market factors pushed the yield down on the 10-yr U.S. Treasury bond so mortgage rates actually drop about an eighth of a percent. The 30-yr fixed rate is now ranging 4.25%-4.375%.
In the first quarter this year, single family detached homes in Arlington enjoyed on average 2.9% increase in their value over the same period in 2018, based on sales data from Bright/MLS. North Arlington fared better with 3.8% increase. The average price of a home in north Arlington is now $1,103,758.
South Arlington, however, took a big hit. The average price of a single-family home in south Arlington dropped 5%, from $795,804 in the first quarter of 2018 to $755,227 this year. South Arlington has about 1/3 the number of sales as North Arlington.
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 N. Clarendon Boulevard #803, Arlington, VA 22201 — $435,000
- 112 S. Barton Street, Arlington, VA 22204 — $650,000
- 1504 N. Powhatan Street, Arlington, VA 22205 — $699,000
- 4031 N. Nelly Custis Drive, Arlington, VA 22207 — $725,000
- 4713 7th Street S., Arlington, VA 22204 — $785,000
- 5722 25th Road N., Arlington, VA 22207 — $817,500
- 5912 4th Road N., Arlington, VA 22203 — $849,900
- 1504 N. Utah Street, Arlington, VA 22207 — $885,000
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