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.
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Arlington and its neighbors have become more segregated in the last 10 years while fair housing legislation at the state level faces significant roadblocks. Arlington’s fair housing enforcement, education, and commitment to equity practices in housing policy and programs are beginning to show signs of improvement but much more needs to be done.
Join the NAACP Arlington Branch, HOME of Virginia, and Equal Rights Center for the 2nd Annual Arlington Fair Housing Conference on April 15th to discuss the threats and opportunities to advancing fair housing policy across the state and within Arlington.
The half-day, in-person event will feature speakers from fair housing advocacy organizations and government agencies including the U.S. Department of Housing and Urban Development, and focus on fair housing policy trends in Virginia and Arlington County. The conference aims to advance the understanding of issues and policies related to equity and affirmatively further fair housing among local officials, advocates, and members of the public.
2nd Annual Arlington Fair Housing Conference
Is home ownership a goal of yours in 2023? Now is the time to make it happen! Grab a (virtual) drink with the area’s top Real Estate experts, learn all about the home buying process and on how you can get $1,500 towards your closing costs immediately!
Did you know the average Arlington renter will spend $150K in 5 years of renting? Stop paying down someone else’s mortgage! Join us for a Rent vs. Buy Happy Hour on Wednesday, April 5th at 6 p.m. via Zoom. If this time doesn’t work, we also are offering times convenient for your schedule!
A lot has happened in the local market since the beginning of the pandemic. Sip on your drink of choice and learn from Northern Virginia, Arlington and Washingtonian Magazines top producing agents! We will discuss the latest market updates, the home buying process and rent vs. buy cost savings. Please RSVP by clicking here.
Call/text Manavi at 703-869-6698 with any questions!
Private School Fair
Congressional School to Host MONA Private School Fair Thursday, April 27 at 6:30 PM
Congressional School in Falls Church, VA is delighted to host the MONA (Mothers of North Arlington) at an upcoming Private School Fair. Private schools from around
WHS Spring Festival
Join us at the WHS Spring Festival on April 22, 2023, from 10am- 3pm at Wakefield High School(main parking lot). Come out to shop, play, and eat!
Shop local vendors, arts & crafts, new and used items, food vendors/trucks, and