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 last week of the Spring market has ended on high notes. The real estate market in Arlington continues at a near record pace this week with 81 sellers listing their homes and 71 buyers ratifying contracts. Over half (39) of the homes sold were gone within seven days. The higher end market also continues at a strong pace with nine of those sales over $1 million.
Low inventory continues to be a huge problem, and this week was one of the worst. At the current rate of absorption, there is only 0.87 months of inventory. You saw it correctly, less than a month. A market is considered in equilibrium when there’s 5.5 months of inventory.
It will be very interesting to see how well this hot spring market performs as we enter summer after the Memorial Day weekend holiday. Data by mid-June should provide a big clue.
You know home prices have overheated when 25% of techies surveyed say they are leaving the San Francisco Bay area to seek lower housing costs in other cities.
They cite five favorite “home” alternatives: New York area, Austin, Chicago, Seattle and Los Angeles. The median home price in San Fran/Oakland/Hayward is $815,000. The New York/New Jersey area median price is $515,000.
A favorite location for many techies is Austin at just $400,000 median price. And windy city Chicago is just $350,000. It’s not clear why some prefer Los Angeles at a higher price, at $829,000, but maybe it’s just because they can’t bear to leave California.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 1020 N. Highland Street #813, Arlington, VA 22201 – $469,900
- 4668 36th Street S. #B, Arlington, VA 22206 – $505,000
- 3600 S. Glebe Road #210W, Arlington, VA 22202 – $575,000
- 4409 1st Place S., Arlington, VA 22204 – $691,900
- 3800 Fairfax Drive #705, Arlington, VA 22203 – $715,000
- 1625 N. Quincy Street, Arlington, VA 22207 – $899,000
- 211 S. Barton Street, Arlington, VA 22204 – $899,900
- 5260 25th Rd N., Arlington, VA 22207 – $1,074,900
Good Tuesday evening, Arlington. Today we published articles that were read a total of 42526 times… so far. 📈 Top stories The following are the most-read articles for today —…
Two local chefs have been named semifinalists for a prestigious James Beard award.
The Ballston and East Falls Church Metro stations are among those set to be impacted by a multi-week closure starting in June.
Fairlington author Amina Luqman-Dawson has received two awards for her novel, “Freewater.” The middle-grade book about a secret community of formerly enslaved people living in the wilderness received both the…
Need help dealing with anxiety, depression or stress?
If you’re struggling to cope with anxiety, depression or stress, our virtual psychotherapy services can help. We offer a confidential and convenient service that’s tailored to your needs.
In our practice, cognitive behavioral therapy (or CBT) is an important tool we use to provide effective relief for those facing anxiety and depression. We believe that cognitive change can be used to improve behaviors and emotions, thus allowing you to achieve mental wellness. By understanding the cognitive distortions that lead to negative thought patterns, we are able to create interventions tailored to each of our clients. This empowering approach can help you gain control of how your own thoughts, beliefs, and behaviors impact your experience. With CBT, our service provides an effective treatment that can bring long-term change and mental stability.
Book a free consultation today and see how we can help you live a happier and healthier life.
St. Charles offers a play-based curriculum in a welcoming, Christ-centered environment.
Our program focuses on socio-emotional development and kindergarten readiness through hands-on and engaging activities. Our programs offer different schedules ranging from 7:30 am-5:30 pm for students, ages 2-5. We feature a full-day Jr. kindergarten class for older 4’s/5’s. Our facility includes a full-sized gymnasium, school chapel, and library. All of our students enjoy music and physical education weekly. Children have an opportunity to participate in enrichment classes such as soccer, basketball, ballet, and science.
We offer Summer Camp with weekly themes and twice a week water play, including Fun Friday moon bounce. Please join us for our Open House Feb. 3 at 9:30 am and 11:00 am. Click here to sign-up.
For more information or to schedule a tour, visit us at www.stcharlesarlington.org or call (703) 527-0608.
Just in time for Valentine’s Day, join us for a series of vignettes that revolve around the theme of love. Taking place in an almost-town called Almost, Maine, we will show you different, but important, facet of love in each