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.
Helllllooooo, Arlington, and welcome to JUST LISTED!
At this point of the year, with school out and vacations well underway, I expect we’ll settle into a routine of a more modest-paced real estate market. Typically, plenty of real estate is transacted between June and the end of August before heating back up shortly after Labor Day. While things certainly feel like they calmed down earlier this year than in the past, this is now typical behavior for the summer months.
Buyers — perhaps this is your chance! Fewer homes are selling their first weekend, which can be used to your advantage. Make no mistake, prices are not falling, but you may not have to outbid 10 other bidders on your next home. You might also be able to get a home inspection again or waive fewer other contingencies to get the house you want. We’ve got some great inventory on the market to choose from!
Interest rates just rose above 3% again for the first time in five weeks. That was the same week things started to slow back in mid-May. We’ll see if this lights a fire under any of the buyers who might be on the fence about their next home purchase.
Sellers listed 79 homes for sale this past week, 18 fewer than the week before. Buyers ratified 65 contracts, 29 fewer than last week and just 19 of which were on homes just listed in the past seven days.
This pace feels sluggish compared to 115 homes that went under contract 10 weeks ago. Since sellers have been slower to list over the past few weeks as well, new inventory is not building, though overall supply is as demand falls. At this week’s pace, we’ve got over two months’ worth of supply for the first time in many, many months.
This week, there are 537 available properties for sale throughout all of Arlington and across all property types — 136 are detached homes, 57 are townhome/semi-detached homes and 344 of the available units in Arlington are condos.
For a bit of perspective, this same week last year sellers listed 75 homes and buyers ratified 66 contracts. There were also only 294 available properties for sale this week last year.
The average list price for currently available properties is $763,191 and the median is $559,500. Currently available properties in Arlington have an average of 57 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:
- 801 S. Greenbrier Street #306, Arlington, VA 22204 — $415,000
- 3409 Wilson Blvd #513, Arlington, VA 22201 — $565,000
- 105 S. Pershing Drive, Arlington, VA 22204 — $725,000
- 836 N. Frederick Street, Arlington, VA 22205 — $769,900
- 624 24th Street S., Arlington, VA 22202 — $933,000
- 4714 25th Road N., Arlington, VA 22207 — $1,150,000
- 1313 21st Street S., Arlington, VA 22202 — $1,399,000
- 2101 N. Stafford Street, Arlington, VA 22207 — $1,925,000
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The Alternative Christmas Market is back! At First Presbyterian Church Arlington in Ballston, located at 601 N. Vermont Street, Arlington VA 22203, on Sunday, December 4th from 9:30am to 1:00pm. Parking available.
Vendors and products this year include: 10,000 Villages, Olive Oil Ministry, African Team Ministries, Community Coalition for Haiti, Heifer, African Market Baskets, Café Justo, Thistle Farms, Southwest Indian Foundation, and Together We Bake.
Buy gifts for everyone on your list, and support these great organizations, artisans, and global neighbors. See you there!
(This Community Post was written by the [Arlington Chorale](http://arlingtonchorale.org/) and underwritten by [Embracing Arlington Arts](https://embracing-arlington-arts.org/).
Since the Arlington Chorale returned to in-person singing one year ago, local amateur singers have been signing up for auditions in unprecedented numbers. “Thirty of our current members joined within the last year,” says Ingrid Lestrud, Artistic Director. “Many of them have recently moved to Arlington, and they want to join a community. Chorale members get to sing beautiful music and meet a diverse group of people who love singing as much as they do!”
The singers are busy preparing their December 10 concert, Christmas Joy! Featuring John Rutter ‘s Magnificat and Kirke Mechem’s _Seven Joys of Christmas_ , audiences will hear familiar Christmas carols, as well as beautiful music with hints of tango, musical theatre, and jazz. The singers will be accompanied by a chamber orchestra of local professional players, and the concert will highlight the talents of soprano Helena Colindres. Members of the Chorale’s outreach group, the Youth Community Council, and select singers from the Chorale will be singing Christmas carols outside the venue as audience members arrive. After the performance, everyone is invited to join the singers downstairs for a reception with light refreshments. It’s a special community event you won’t want to miss! Tickets are $20 for adults and free for children under 12 available here. Please join the Arlington Chorale on **Saturday, December 10 at 5:00 PM at Westover Baptist Church!**
NCE’s Holiday Concert will bring the finest classical masterpieces and holiday favorites together for the whole family. The festivities begin with Leroy Anderson’s classic “Sleigh Ride” and “Chanukkah Festival”, music from the Nutcracker and by J.S. Bach.
Outstanding Young Artist