Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Buyers, here’s the good news — mortgage rates have never been better!
The 30-year fixed has hit a new low, again breaking the record low that’s been established and reestablished numerous times over the past few months. Existing homeowners — you may be able to refinance with a 15-year mortgage close to 2.5% so this can probably save you serious money and you get to stay put!
As Northern Virginia begins to reopen, we’re seeing more and more in-person open houses scheduled, and expecting traffic to be way up in the coming weeks. The market only cooled slightly the past couple months in terms of volume — expect it to heat up faster than it cooled in coming weeks.
Some not-so-good news if you are a buyer — prices have remained remarkably steady!
Abundant speculation that prices would drop as a result of the pandemic has not rung true. There has indeed been an increase in instances of contracts falling through (previously a very rare occurrence in Arlington) and they were very largely due to financing issues. The housing market will always be a supply/demand equation and the years of pent-up demand in Arlington didn’t evaporate over the past couple months, despite global uncertainty.
Take a look below at some statistics for Arlington real estate — with this week’s slower numbers, we’ve crept up to 1.55 months of available inventory.
There are currently 267 homes for sale in Arlington. 143 are detached homes, 27 are townhouses/semi-detached, and 97 are condos. Average days on market (DOM) is 60 and median DOM is 34.
Sellers listed some 55 properties for sale this week. Buyers ratified 43 contracts, 23 of which were homes that had been on the market one week or less. The median list price of available properties is $1,155,000, while the average is $1,193,112.
Last year for the same week, sellers listed 81 homes and buyers ratified 71 contracts.
Click here to search currently available Arlington real estate. Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight homes that are new this week that I think you might like to check out.
- 2818 S. Abingdon Street #C2, Arlington, VA 22206 — $425,000
- 1040 S. Edison Street, Arlington, VA 22204 — $549,900
- 2001 15th Street N. #812, Arlington, VA 22201 — $600,000
- 2257 N. Harrison Street, Arlington, VA 22205 — $999,990
- 1210 S. Walter Reed Drive, Arlington, VA 22204 — $1,199,000
- 2118 N. Cameron Street, Arlington, VA 22207 — $1,259,000
- 3207 N. John Marshall Drive, Arlington, VA 22207 — $1,300,000
- 5526 18th Street N., Arlington, VA 22205 — $1,349,000
Good Friday evening, Arlington. Today we published articles that were read a total of 17124 times… so far. 📈 Top stories The following are the most-read articles for today —…
A march against drugs drew a large crowd of parents and community members to Wakefield High School, where a student died this week.
Arlington County police responded to an unusual incident on Route 50 this afternoon. It happened around 1 p.m. at the intersection with Park Drive, near the Arlington Forest Shopping Center…
Building a new home should be a rewarding and memorable experience. That’s why a custom-built home requires personalized service! Here’s your chance to learn everything you need to know about…
The Arlington-Aachen High School exchange is returning this summer and currently accepting applicants.
The sister-city partnership started in 1993 by the Arlington Sister Cities Association, which seeks to promote Arlington’s international profile through a variety of exchanges in education, commerce, culture and the arts. The exchange, scheduled June 17th to July 4th, includes a two-week homestay in Aachen plus three days in Berlin. Knowledge of the German language is not required for the trip.
Former participants have this to say:
_”The Aachen exchange was an eye-opening experience where I was fully immersed in the life of a German student. I loved biking through the countryside to Belgium, having gelato and picnics in the town square, and hanging out with my German host student’s friends. My first time out of the country, the Aachen exchange taught me to keep an open mind, because you never know what could be a life changing experience.” – Kelly M._
Learn about the new assessment of Arlington’s urban tree canopy and the many ecological and social benefits trees provide. Staff from the Green Infrastructure Center (GIC) will share study results and compare canopy cover for different areas of Arlington.The webinar will include assessments of ecosystem services such as stormwater mitigation, air quality, carbon uptake, and urban heat islands. For background on Arlington trees see the “Tree Benefits: Growing Arlington’s Urban Forest” presentation at http://www.gicinc.org/PDFs/Presentation_TreeBenefits_Arlington.pdf.
Please register in advance to assure your place at the webinar, https://attendee.gotowebinar.com/register/29543206508863839.
About the Arlington County Civic Federation: The Arlington County Civic Federation (“ACCF”) is a not-for-profit corporation which provides a forum for civic groups to discuss, debate, inform, advocate and provide oversight on important community issues, on a non-partisan basis. Its members include over ninety civic groups representing a broad cross-section of the community. Communications, resolutions and feedback are regularly provided to the Arlington County Government.
The next meeting is on Tuesday, February 21,2023 at 7 pm. This meeting is open to the public and will be hybrid, in-person and virtually through Zoom. Part of the agenda will be a discussion and vote on a resolution “To Restore Public Confidence in Arlington County’s Governance”. For more information on ACCF and this meeting, go to https://www.civfed.org/.
Valentine gifts for someone special or for yourself are here at George Mason University from noon -4pm on February 14, 2023. Satisfy your sweet tooth with Kingsbury Chocolates, find a handmade bag from Karina Gaull, pick up treats from Village