Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
A happy Cinco de Mayo, friends and neighbors!
In between your margaritas and fiestas today, let’s talk about the fiesta taking place within the local housing market.
As we’re sure you’ve picked up on in recent times, inventory has been tight and houses are not lasting long out there. However, looking at this week’s Just Reduced figures, we’ve eclipsed the “50 price reductions in the past week” mark for the first time in a year-plus.
So, while some properties are flying off the shelf at or above listing price, there are a decent amount offerings out there with pricing wiggle room. And, just remember, these Just Reduced prices should only be the beginning of your negotiations.
When you’re ready to rock and roll and get the most bang for your buck, the time-tested team at Arlington Realty, Inc. is here for you. And now on to this week’s Just Reduced stats.
As of May 3, there are 152 detached homes, 51 townhouses and 316 condos for sale throughout Arlington County. In total, 51 homes experienced a price reduction in the past week, including:
- 4404 33rd Road N., 22207 — NOW: $1,895,000 (Reduced: $4,000 on 4/30)
- 3700 Lorcom Lane, 22207 — NOW: $975,000 (Reduced: $75,000 on 4/30)
- 5411 Wilson Blvd, 22205 — NOW: $949,000 (Reduced: $30,000 on 5/3)
- 1020 N. Highland Street #501, 22201 — NOW: $649,900 (Reduced: $20,000 on 4/30)
- 1805 Crystal Drive #205S, 22201 — NOW: $619,000 (Reduced: $41,000 on 5/1)
- 1210 N. Taft Street #606, 22201 — NOW: $347,500 (Reduced: $2,000 on 4/30)
Please note this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.