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.
I’m just going to go ahead and predict it… 2021 is going to be another crazy year for Arlington real estate! Strong demand heading into the fall is unlikely to falter, and the past 10 years seem to be indicative of what is to come.
I know, that’s not much of a prediction… It’s just more of the same. But hey, our real estate market is very strong and that is not a bad thing.
Have you noticed it can be hard to make money in the current environment of available investments?
The stock market has been swinging wildly recently. The potential for inflation is hurting the bond market. Savings accounts aren’t even paying one percent in interest…
Looking for a proven long-term investment?
Buy real estate! While real estate is not considered a very liquid investment, it does perform very well. It performs especially well in our area, and especially over time. If you’re wondering where to park a bunch of cash right now, you should seriously consider buying Arlington real estate. Additionally, Arlington real estate is some of the most liquid in the nation, with the ability to list, go under contract and get to settlement in about a month. The same low interest rates we keep hearing about for 30-year mortgages, these days starting with a 2, are a great way to leverage a difficult playing field when it comes to other investments.
Oh, and by the way, mortgage interest rates just hit their tenth all time low this year… 2.81% for a 30-year fixed rate.
This past week in Arlington, sellers listed some 88 properties for sale while buyers ratified 71 contracts. 34 of the ratified contracts were on homes listed just within the past week.
There are currently 542 homes for sale in Arlington, 13 more than last week. 140 are detached homes, 52 are townhouses/semi-detached and 350 are condos.
Average days on market (DOM) for currently available homes is 48 and median DOM is 29. The median list price of currently available properties is $592,500, while the average is $782,110.
Last year for the same week, sellers listed 62 homes and buyers ratified 45 contracts.
Click here to search currently available Arlington real estate — if you see a home you’re interested in purchasing, we’d love to help!
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.
- 3007 S. Buchanan Street #A1, Arlington, VA 22206 — $475,000
- 1609 S. Hayes Street #2, Arlington, VA 22202 — $670,000
- 4013 S. Columbia Pike, Arlington, VA 22204 — $718,000
- 1053 N. George Mason Drive, Arlington, VA 22205 — $879,000
- 4416 S. Pershing Court, Arlington, VA 22204 — $950,000
- 1008 N. Jefferson Street, Arlington, VA 22205 — $979,000
- 2567 N. Military Road, Arlington, VA, 22207 — $1,499,500
- 3540 N. Valley Street, Arlington, VA, 22207 — $2,465,000
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