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.
Inventory continues to flat line as we approach the end of the year!
Buyer demand remains strong as we make our way towards the middle of December, further squeezing inventory as sellers wait for warmer weather before listing their home.
At this point in the year, a lot of our remaining inventory is what I would refer to as “holdover” inventory — properties that have been on the market substantially longer than the average. Not all homes sell promptly in Arlington, and even in a fast-paced market, properties that are overpriced relative to their competition, condition, location or level of updating will sit on the market. These homes aren’t going anywhere anytime soon unless a seller makes a substantial price reduction to find the market.
This past week, buyers put 59 homes under contract in Arlington, but sellers only listed 47 properties for sale. Of the 59 contracts buyers ratified, 17 were on properties that had spent one week or less on the market.
We are now down to the lowest available inventory in approximately 22 months — more towards our pre-Covid numbers. Of the 343 available properties for sale in Arlington, 79 are detached homes, 46 are town houses/semi-detached properties, and 218 are condominiums.
As of this week, the average list price of homes currently for sale is $822,922, and the median is $559,950. Average days on market (DOM) is 82, and the median is 56. Homes of all types throughout Arlington range in price from $100,000 all the way up to $4,250,000!
This week last year, there were 512 homes available for sale in Arlington! Average days on market was 67, and median was 52. Sellers had listed 47 homes for sale, and buyers ratified 41 contracts.
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 homes that came on the market this week that you might be interested in. There were only 18 new homes listed this week total.
- 1813 Key Boulevard #10537, Arlington, VA 22201 — $280,000
- 1900 N. Rhodes Street #69, Arlington, VA 22201 — #312,000
- 4077 S. Four Mile Run Drive #401, Arlington, VA 22204 — $380,000
- 1210 S. Barton Street #332, Arlington, VA 22204 — $460,000
- 2444 S. Oakland Street, Arlington, VA 22206 — $479,000
- 5942 10th Road N., Arlington, VA 22205 — $875,000
- 707 N. Ivy Street, Arlington, VA 22201 — $1,389,000
- 1311 N. Highland Street, Arlington, VA 22201 — $2,800,000
Recent Stories
This past week saw 32 homes sold in Arlington. The least expensive condo, single-family home or townhouse sale over the past seven days was $205,000 while the most expensive was…
Tree canopy in Arlington County is lower than it was in 2016, according to a new privately-funded study paid for local residents.
Time is running out for your chance to win a National Landing prize package worth $500! Entries for ARLnow’s inaugural Big Night Out giveaway close tomorrow (Friday) at noon. The…
“He still works every day in the restaurant, in the kitchen,” the current owner says about his father. Wilson Boulevard is home to a few local gems that have been…
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!
Synetic Theater Camps are a wildly fun, highly accessible choice for young people who love moving, playing games, and making memories. Registration is open now for Summer Camps (sessions June 20-August 25) and there are even a few spots left for Spring Break camp, April 3-7.
Located in National Landing, these performance-based camps are designed for students of all ages – no theater or performance experience required.
Led by professional teaching artists, campers learn acting, movement, and technical theater skills through the lens of Physical Theater. Physical Theater incorporates acting, movement, dance, mime, and acrobatics. If you’ve seen a Cirque du Soleil performance, you’ll find many similarities.
Most first-time campers are new to the performing arts, and teaching artists are well-versed in engaging students at all levels. Parents and campers report that one of the best parts of Synetic is the community, with many families returning year after year because they feel a strong sense of belonging.
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
District 27 Toastmasters 2023 Virtual Conference
District 27 Toastmasters invites you to its annual conference where you can hear phenomenal speakers, attend professional development and personal growth seminars about leadership, negotiation, communication, teamwork, and mentorship. Learn how to develop your personal story and how to improve
