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.
Inventory ticked up again this week, but buyers are certainly doing their part.
We’ve been ratifying more contracts weekly in Arlington that last year for most of the summer, keeping inventory in check week over week, though it has climbed steadily, up 22% in the past seven weeks. With mortgage rates expected to stay at historical lows for the foreseeable future, buyer demand isn’t going anywhere anytime soon!
PICK OF THE WEEK — The Andors Real Estate Group is proud to present 2410 S. Ives Street, Arlington, VA 22202 — $875,000. This storybook 3-bedroom, 2-bathroom all-brick Cape Cod with an enormous detached 2-car garage backs to a super convenient alley! You’re sure to love the immaculate, manicured landscape and hardscape for maximum curb appeal, including a private stone patio for outdoor entertaining. No mosquitos in the screened in porch just off the kitchen! Super convenient to Crystal City and Pentagon City Metro, Amazon’s HQ2, shopping, dining and much, much more. Open Saturday and Sunday, 1-4 p.m.
This past week in Arlington, sellers listed some 83 properties for sale while buyers ratified 68 contracts. 38 of the ratified contracts were on homes listed just within the past week!
There are currently 392 homes for sale in Arlington, 22 more than last week. 135 are detached homes, 34 are townhouses/semi-detached, and 223 are condos. Average days on market (DOM) is 49 and median DOM is 30.
The median list price of currently available properties is $779,400, while the average is $937,625.
Last year for the same week, sellers listed 59 homes and buyers ratified 47 contracts. We’ve had a number of weeks this summer where our numbers are higher for these metrics than last year. This increased activity on both the buy and sell side of the equation are a delayed cycle from a suppressed spring.
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.
- 820 N. Pollard Street #101, Arlington, VA 22203 — $589,900
- 1201 N. Garfield Street #604, Arlington, VA 22201 — $624,900
- 1129 19th Street S., Arlington, VA 22202 — $800,000
- 2410 S. Ives Street, Arlington, VA 22202 — $875,000
- 2500 S. Hayes Street, Arlington, VA 22202 — $899,900
- 5615 6th Street N., Arlington, VA 22205 — $1,124,500
- 1410 N. Ohio Street, Arlington, VA 22205 — $1,249,999
- 3008 20th Street S., Arlington, VA 22204 — $1,995,000