Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.arlingtonrealtyinc.com or calling 703-836-6116 today!
Please note: While Aaron Seekford provides this information for the community, he may not be the listing agent of these homes.
Just how much have our local home prices jumped since the Amazon HQ2 announcement?
A new Realtor.com report sheds a bit more light as to what this mammoth news has meant. According to the report, houses have increased from an average of $640,000 in November 2018 to $750,000 in April 2019. This equates to a jump of 17.3 percent, compared to a national average increase of 5.5 percent. Additionally, the report indicated that the number of listings dropped by 48.2 percent in the same timeframe.
So, what does this all mean? It means our market remains red hot and there has never been a more important time to have a trusted advisor on your side.
Whether buying or selling in our increasingly competitive market, our team is here to help you navigate the waters and GET MORE out of your transaction.
As of May 27, there are 155 detached homes, 18 townhouses and 95 condos for sale throughout Arlington County. In total, 10 homes experienced a price reduction in the past week:
-
2001 15th Street N. #1004, 22201 — NOW: $2,049,000 (Reduced: $110,000 on 5/21)
-
1734 N. George Mason Drive, 22205 — NOW: $1,299,999 (Reduced: $29,001 on 5/23)
-
1111 19th Street N. #2803, 22209 — NOW: $1,189,000 (Reduced: $11,000 on 5/21)
-
2369 S. Queen Street, 22202 — NOW: $974,900 (Reduced: $24,100 on 5/21)
-
2446 N. Jefferson Street, 22207 — NOW: $799,900 (Reduced: $15,000 on 5/25)
-
3232 13th Street S., 22204 — NOW: $749,000 (Reduced: $46,000 on 5/25)
-
1300 S. Army Navy Drive #307, 22202 — NOW: $309,000 (Reduced: $10,900 on 5/21)
Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Aaron Seekford.