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.”
Arlington’s real estate market picked up the pace a bit this week, and that’s impressive considering we had a major holiday at the beginning of the week and people were still traveling back home.
Buyers ratified 45 contracts, and sellers listed 44 homes. That’s good for a transition week. We should see those numbers jump even higher next week as people have settled into their work and school routines.
Overall, Arlington’s market reflects the nation’s housing market. We have been experiencing a drop this year in the total number of home sales. Last month, we had a total of 244 sales of all types of housing. In August of last year, we had 300 sales. That’s nearly a 19% drop.
The National Association of Home Builders reported that they have seen a 9% drop in the number of actively looking buyers since last year.
And Fannie Mae’s economist Doug Duncan reported a similar downturn in the number of sales. He attributes it primarily to a lack of inventory. He noted that baby boomers are deciding to age in place much more than before, and gen-xers are building additions instead of buying bigger homes.
Other economists say the lack of inventory is because home builders are delivering fewer homes than needed, especially affordable housing. Builders blame that on the increasing costs of materials and labor. During the Great Recession in 2008, home building tanked for five years. Those workers looked for other job opportunities and many never returned to the construction labor pool.
Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.
- 1302 N. Meade Street #14, Arlington, VA 22209 — $350,000
- 1020 N. Stafford Street #301, Arlington, VA 22201 — $585,000
- 5710 27th Street N., Arlington, VA 22207 — $799,000
- 4701 8th Road S., Arlington, VA 22204 — $829,900
- 3207 N. Tacoma Street, Arlington, VA 22213 — $985,000
- 3705 N. Woodstock Street, Arlington, VA 22207 — $1,150,000
- 2904 N. Lorcom Lane, Arlington, VA 22207 — $1,499,000
- 3116 7th Street N., Arlington, VA 22201 — $1,868,900
Recent Stories
Good Thursday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar. 🕗 News recap The following articles were published earlier today…
All lanes of northbound I-395 were blocked at Glebe Road due to a fatal motorcycle crash.
Federal authorities will investigate a near collision on the ground at Reagan National Airport, ARLnow has learned. The incident happened around 7:40 a.m. today (Thursday). “An air traffic controller instructed…
Inmates at the Arlington County Detention Facility picked up their paddles once again to compete in a pickleball tournament this week — and this time they had some additional friends….
Unlike our competitors, Well-Paid Maids doesn’t clean your home with harsh chemicals. Instead, we handpick cleaning products rated “safest” by the Environmental Working Group, the leading rating organization regarding product safety.
The reason is threefold.
First, using safe cleaning products ensures toxic chemicals won’t leak into waterways or harm wildlife if disposed of improperly.
Second, it’s better for you and your family. Fragrant chemicals in surface cleaners can expose you to a similar amount of pollutant particles as a busy city road, New Scientist reported.
Northern Virginia Family Practice (NVFP), known for its comprehensive concierge healthcare, is thrilled to introduce Mark Sullivan, MD as the newest member of its family medicine team.
Dr. Sullivan brings a wealth of experience in family medicine, underpinned by a passion for delivering personalized, patient-centered care. He has a distinguished background in managing various medical conditions, emphasizing preventive care, health education and chronic disease management. Dr. Sullivan is adept at employing the latest medical research and technologies to enhance patient outcomes.
Beyond his medical expertise, Dr. Sullivan is committed to the well-being of his community, demonstrating this through his active engagement in local health initiatives and educational programs. His approach to medicine is holistic, focusing on integrating physical, mental and emotional health and patient education to achieve optimal patient wellness.
Dr. Sullivan is now accepting new patients at their newly established Arlington office at 2445 Army Navy Drive, Arlington, VA, 22206. The office, known for its patient-friendly amenities and state-of-the-art medical facilities, continues to provide the exceptional, personalized care NVFP is known for in its newly upgraded Arlington location.
Sweeney Todd
A victim of a gross injustice that robbed him of his wife and child, Sweeney Todd sets about exacting a terrible revenge on society.
Fascination
Goth-Dark Wave Dance Party with Belly Dancing and Drag King Show.
Part of OurAlternative Thursdays for Alternave People with Alternative Lifestyles
Performances By
Belladonna and the Nightshades
Ya Meena
Drag King - Ken Vegas
DJ Michelle Guided
