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.
Hot, hot, hot! Whether you live here or want to, you’re bound to hear about just how darn sizzlin’ Arlington County’s real estate market is right now.
Amid the factors, one of the key drivers in pushing prices and demand up is… INVENTORY! As of today, according to BrightMLS, there are 286 total homes for sale in Arlington County. Looking at our Just Reduced column from four years ago (yes, we go way back with this column!), there were 574 total homes for sale.
So, doing some math here, we’ve seen a 50 percent-plus reduction in inventory in a four-year span, let alone the other stats and facts you can pull out there. That’s pretty incredible.
On the seller’s front, now is an incredibly powerful time for you. The options in Arlington County are limited and you can certainly leverage the situation. On the buyer’s front, it’s never been more important to have a seasoned team by your side to navigate the competitive market.
Regardless of which side of the transaction you may fall, the team at Arlington Realty, Inc. is ready to advocate on your behalf and get the most bang for your buck.
As of October 14, there are 150 detached homes, 26 townhouses and 106 condos for sale throughout Arlington County. In total, 23 homes experienced a price reduction in the past week:
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2322 N. Fillmore Street, 22207 — NOW: $1,694,850 (Reduced: $54,300 on 10/10)
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1720 N. Barton Street, 22201 — NOW: $1,599,900 (Reduced: $50,100 on 10/9)
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2312 N. Kensington Street, 22205 — NOW: $1,569,000 (Reduced: $20,000 on 10/9)
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3406 N. Dickerson Street, 22207 — NOW: $1,1498,000 (Reduced: $51,000 on 10/11)
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2561 N. Upland Street, 22207 — NOW: $940,000 (Reduced: $10,000 on 10/14)
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5020 13th Street N., 22205 — NOW: $799,999 (Reduced: $25,001 on 10/9)
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2101 N. Monroe Street #118, 22207 — NOW: $414,500 (Reduced: $4,500 on 10/14)
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.