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
Recent Stories
Good Friday 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…
An explosives detection K-9 celebrated his retirement at Reagan National Airport today. Messi, an 8-year-old yellow lab, was feted this morning in the historic Terminal 1 lobby with a surprise…
Walk to Lee Heights shops from 1930s Tudor on beautiful terraced lot
Arlington’s response team for people in mental health and substance use crises is on track for a substantial buildout. An additional $478,286 in federal funds would allow Arlington to hire…
The Award is available to recent high school graduates and non-traditional students (see the application for more details). Each recipient may be awarded up to $20,000. Applicants are required to submit an online application form as well as a short video application.
The applicant must be an Arlington resident pursuing a career or technical education accredited program, within a high-growth career, that will be completed within two years.
The careers and programs include, but are not limited to:
-
Audio, Video, and Sound Engineering Technicians
-
Broadcast Technicians
-
Commercial Drivers
-
Culinary Arts
-
Early Childcare Education
-
Healthcare
-
Information Technology and Computer Science
-
Manufacturing and Skilled Trades (including welding, auto and aviation mechanics and technicians)
-
Public Safety
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.
ACFCU’s Free Homebuying 101 Webinar: Steps to Getting Pre-Approved
Are you ready to jump into homeownership, or have you started considering it but don’t know where to start?
Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved. Join ACFCU for
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.
