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.
Good morning, Arlington, and happy spring!
In the past week, the price escalations have crept up to new highs, and the buyers who aren’t ratifying contracts are sincerely disheartened. It’s hard to determine exactly how many homes are ending up with multiple offers, but it’s well over 50% of the homes that sell within their first week in the market.
The Andors Real Estate Group debuted two properties in the past week that have each escalated 10% above listing price as a result of multiple offers. In the first case, that translated to over $100,000 more than the seller was asking for and, in the second, over $80,000!
Sellers put 122 homes on the market this past week, another huge uptick from the 98 homes last week and 75 homes listed the week prior. Buyers ratified 80 contracts this week, and more than half (44) of those were on homes just listed within the past seven days.
This week, there are 420 available properties for sale, an increase of 42 from the week prior.
Single-family inventory jumped from 72 to 88 available properties, while there are 41 townhome/semi-detached homes to choose from. Condos continue to make up the lion’s share of available options in Arlington with 291 to choose from as of today.
A quick comparison to last year, for the same week, sellers listed 93 homes and buyers ratified 68 contracts. There were also only 182 available properties for sale — 238 less than we have today!
The average list price for currently available properties is $753,491 and the median is $508,500.
Currently available properties in Arlington have an average of 64 days on market (DOM) and a median of just 29!
Click here to search currently available Arlington real estate. If you see a home you’re interested in purchasing, give us a call.
Call the Andors Real Estate Group today at 703-203-1117 to talk more about buying or selling Arlington real estate. Below are eight new listings I think you might like to check out:
- 1001 N. Randolph Street #518, Arlington, VA 22201 — $410,000
- 836 S. Ivy Street, Arlington, VA 22204 — $599,000
- 3409 Wilson Boulevard #412, Arlington, VA 22201 — $674,999
- 3325 5th Street S., Arlington, VA 22204 — $715,000
- 1128 N. Kentucky Street, Arlington, VA 22205 — $950,000
- 2604 9th Street N., Arlington, VA 22201 — $1,050,000
- 5820 5th Street S., Arlington, VA 22204 — $1,115,000
- 1515 N. Abingdon Street, Arlington, VA 22207 — $1,998,000
Fairfax County prosecutors are taking a step back from pursuing the embezzlement charges levied against former Arlington teachers union president, Ingrid Gant. That decision, however, does not mean the case…
Pamplona, the Spanish tapas restaurant and sangria bar in Clarendon, will close next month, according to a social media post. The restaurant, which opened in 2017 in the space formerly…
The hottest new pickleball club is the Arlington County Detention Facility. Two weeks ago, the jail inaugurated its new pickleball court — installed by Arlington’s Dept. of Parks and Recreation…
Burglary at Yorktown HS — “5200 block of Yorktown Boulevard. At approximately 7:29 p.m. on November 22, police were dispatched to the report of a burglary alarm. Upon arrival, it…
Children’s Weekday Program (CWP) is a non-profit preschool rooted in a play-based philosophy. We focus on developing a love of learning and exploration, cooperation, empathy, and independence.
Our caring and experienced educators create opportunities for children 16 months to 5 years old to play, learn, and grow in a nurturing environment of child-centered and developmentally appropriate experiences.
Initially established more than 50 years ago in South Arlington, CWP continues to be a lauded program in the Northern Virginia area. We are extremely proud to have been recognized as a Best Preschool in Northern Virginia Magazine for the last 4 years.
Located now in North Arlington at 2666 Military Road, CWP offers a part-time parents day out and preschool program with options to extend care both before and after school. We offer a supportive and inclusive school community for children and parents alike and welcome all families to join our school!
The Optimist Club of Arlington is holding its 77th annual Christmas tree sale!
This year, the tree sale will be held at the Knights of Columbus (5115 Little Falls Road). The lot opens for sales on November 24th. The Optimist Club is selling small and large trees ranging from tabletop size to 10 foot tall trees! Wreaths, garland, tree stands, and White House Christmas ornaments will also be for sale.
100% of all proceeds go towards helping Arlington County youth.
For more information, please visit the Arlington Optimists website at https://optimistclubofarlingtonva.org/.
Holiday Art Show featuring artists: Peter Fitzgerald, Claire Plante, Alanna Rivera, and Suzy Scollon. At the Barcroft Community House, 800 South Buchanan St., Arlington, VA. Dec. 8 from, 2 PM to 8 PM and Dec. 9 from 10 AM to
2023 Christmas Tree Sales Begin
Saturday, December 2
Get your holiday decorating off to the right start this year! We will be selling 150 Fraser firs, freshly cut and delivered from Sparta, North Carolina.