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.
One hundred thousand… dollars!
How many times in your life has someone given you an unexpected $100,000 or more?
This is becoming more and more common in Arlington real estate. We’ve seen more homes sell for $100,000+ over asking price in the past few months than ever before. This can happen on a home in just about any price point — I’ve seen it happen in the $800,000 range, representing a significantly higher percentage over ask than when is happens in the $1.5 million range, but we’re seeing that, too.
Sellers: This does not happen by accident, and it is not happening to all homes. It also may not continue to happen for very long — it’s really tough to predict the market. This type of end-result still takes expert guidance, careful preparation and excellent market presentation to convince a buyer to bid this much over a reasonable asking price. Give me a ring today at 703-203-1117 to talk about how we position you for this type of potential windfall.
Sellers listed 116 homes for sale this past week, 17 more than the week before! Purchasers worked at a brisk pace to grab as much inventory as possible — ratifying 73 contracts, 39 of which were on homes just listed in the past seven days.
This week, there are 477 available properties for sale throughout all of Arlington and across all property types, 25 more than last week. 124 are detached homes.
There are 53 townhome/semi-detached homes currently for sale, and condominiums make up 300 of the available units in Arlington.
A quick comparison to last year: For the same week, sellers listed 60 homes and buyers ratified 47 contracts. There were also only 247 available properties for sale this week last year.
The average list price for currently available properties is $812,365 and the median is $598,000. Currently available properties in Arlington have an average of 61 days on market (DOM) and a median of just 30.
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:
- 4616 31st Road S., Arlington, VA 22206 — $575,000
- 2000 N. Culpeper Street, Arlington, VA 22207 — $675,000
- 4834 22nd Road N., Arlington, VA 22207 — $857,000
- 1412 20th Street S., Arlington, VA 22202 — $1,100,000
- 2217 N. Lexington Street, Arlington, VA 22205 — $1,100,000
- 6018 20th Street N., Arlington, VA 22205 — $1,150,000
- 2344 S. Pierce Street, Arlington, VA 22202 — $1,259,900
- 1712 N. Jefferson Street, Arlington, VA 22205 — $1,525,000