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.
Greetings, Arlington, and welcome to JUST LISTED!
As we predicted last week heading into August, the market would likely slow down a bit more during the latter half of summer. Fewer sellers will list their homes in August, likely waiting until just after Labor Day to do so, and buyers are probably taking their last beach vacation before the fall.
This past week, according to the numbers below we saw a decent drop in available inventory, with 27 fewer homes to choose from in Arlington. For the first time since I’ve started tracking this, buyers ratified just as many contracts as sellers listed new homes at 73 each!
Overall inventory decreased, despite that brief equilibrium as some listings expire, sellers withdraw either permanently or temporarily, and some rethink their strategy going forward. 61 homes reduced their prices this week in Arlington, accounting for almost 12% of available inventory. This is up quite a bit from the spring, when houses sold faster than a seller needed to consider reducing the price (and for much more money than they were asking). For buyers looking for a “deal” or a “bargain,” this could be your moment of opportunity! If you’re hesitant to get into a bidding war, these may be your saving grace.
The Andors Real Estate Group has a fantastic, beautiful new listing that just hit the market and we’re excited to share! It’s our PICK OF THE WEEK — check it out: 2114 S. Joyce Street, Arlington, VA 22202 — $830,000.
The large covered front porch of this traditional, detached home is very welcoming and is a great place to people watch, observe a thunderstorm or enjoy a glass of wine to wind down after a stressful day. Gleaming hardwoods shine throughout this nearly 1900 s.f. three-bedroom, two full bathroom property with an open floor plan. A beautiful kitchen overlooks the serene backyard, boasting mature landscaping and hardscape.
Two main level bedrooms share a renovated hall bathroom, and a staircase leads to a truly impressive owner’s retreat. A tremendous bedroom with exposed wood beams and many skylights is the bedroom you’ve always wanted. A walk-in closet doubles as a sitting room and a large spa-like en-suite bathroom features a jetted tub, walk-in frameless glass shower, private water closet and double vanities.
Located just .7 miles to the Pentagon City Metro station, the convenience is unparalleled. Find our team here Saturday from 11 a.m.-2 p.m. and Sunday from 1-4 p.m. for the open houses!
Sellers listed 73 homes for sale this past week, 24 less than the week before. Buyers ratified 73 contracts, nine less than the week prior. 28 of the ratified contracts were on homes JUST LISTED in the past seven days.
There are 518 available properties for sale throughout all of Arlington and across all property types: 142 are detached homes, 52 are townhome/semi-detached homes and 324 of the available units in Arlington are condos.
For a bit of perspective, this same week last year sellers listed 77 homes and buyers ratified 65 contracts. There were also only 340 available properties for sale this week last year.
The average list price for currently available properties is $795,301 and the median is $585,000. Currently available properties in Arlington have an average of 60 days on market (DOM) and a median of just 36.
Click here to search currently available Arlington real estate. If you see a home that 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 that I think you might like to check out.
- 1774 N. Troy Street #719, Arlington, VA 22201 — $319,719
- 4520 28th Road S. #A, Arlington, VA 22206 — $484,900
- 3605 12th Street S., Arlington, VA 22204 — $719,000
- 2114 S. Joyce Street, Arlington, VA 22202 — $830,000
- 3013 N. Toronto Street, Arlington, VA 22213 — $925,000
- 1812 24th Street S., Arlington, VA 22202 — $950,000
- 5713 10th Road N., Arlington, VA 22205 — $1,000,000
- 2416 N. Quantico Street, Arlington, VA 22207 — $1,750,000
Everyone has flat screen TVs already so how about a more interesting Black Friday special? The ARLnow Press Club for free, to try out the daily Early Morning Notes email…
There’s not a whole lot going on in Arlington today, save for activity at local shopping centers, so we’re going to fast forward right to the top story countdown. Here…
Statues of Liberty gives thanks this holiday season and grateful for a few things this year.
It’s turkey time. Thanksgiving Eve is upon us and extra revelry can be expected at some local bars tonight, ahead of the holiday. Please be careful on the roads and…
The Optimist Club of Arlington is holding its 76th 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 25th. The Optimist Club is selling small and large trees ranging from tabletop size to huge 14 foot tall trees! Wreaths, garlands, 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/.
Art House 7 is a small art studio in Arlington – offering instruction in painting, ceramics, sewing and more. We are looking for kind, dedicated people who love both creating and teaching.
Ceramic Teachers are needed to teach wheel-throwing to adults and 6-12th graders and to teach hand building to elementary grades. Classes have 3-8 students.
Drawing teachers are needed to teach either kids or adults. For kids, we offer cartooning, manga or traditional drawing. For adults, we only offer traditional drawing.
Painting teachers are needed to teach either kids or adults. We offer oil, acrylic or watercolor for adults or teens. All elementary classes use acrylic and tempera.
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