Arlington, VA

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.

Happy Fourth of July to all you Arlingtonians!

Thank you for being regular readers of my Just Listed column, and I hope you have a fantastic long weekend — you all deserve it! We know it will be a weekend filled with fun and hope everyone will do their part to follow appropriate precautions and keep Virginia out of the news for increasing COVID-19 cases.

ARLnow is moving up Friday’s column’s to Thursday for this week only, so the data is from a slightly shorter week.

This coming week is likely to follow historic trends in terms of housing and be a slower one — possibly a blessing in disguise for buyers who are trying unsuccessfully to buy a piece of Arlington real estate. Buyers — if you’re struggling and attempting to go at this on your own, please give us a call at (703) 203-1117 and let our team get to work for you. We’ve got a proven, winning track record in Arlington and are glad to share our success with you.

Sellers listed some 67 properties for sale this week while buyers ratified 61 contracts, 31 of which were on properties listed since just last week.

There are currently 279 homes for sale in Arlington; 15 less than last week, the first drop we’ve had in months. 123 are detached homes, 22 are townhouses/semi-detached, and 134 are condos. Average days on market (DOM) is 44 and median DOM is 30.

The median list price of currently available properties is $949,999, while the average is $1,115,105. Two weeks in a row now that median price has stayed below $1M, and the week before that it was just barely above at $1,005,000.

Last year for the same week, sellers listed 77 homes and buyers ratified 65 contracts. At this pace, inventory will continue to drop modestly as it did this week — further stressing our approximately one month of inventory, near a record low.

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.

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