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Just Listed in Arlington

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.

Happy New Year, Arlington!

WOW — 2021 was a year for the record books when it comes to real estate, and the real question is how will 2022 compare!?

Truth is, we only have some early indicators at this point, and anyone who claims to know is only speculating. So many things impact our local marketplace, and many of those are likely to change throughout the year.

Interest rates are going to rise this year, but exactly how that impacts our high-priced homes might surprise some folks. I’ve mentioned before that interest rates impact lower incomes and lower price points more than they do the million-dollar homes, so the hype around interest rates may be overblown, at least in Arlington and the surrounding metropolitan area.

Inflation is another serious factor, especially as it continues to run very high, relative to the past few decades. Real estate is a hard asset, a perfect place to hedge against weakening purchasing power. If inflation continues to run high, expect housing prices locally and across the country to keep up, or exceed inflation numbers.

Inventory, currently at the lowest point since I took over this blog 23 months ago, will always be the biggest part of the story in Arlington. I’ve said it before and I’ll say it again, housing markets are a simple supply and demand equation. So long as inventory fails to meet demand, prices will be driven upwards. Expect this to continue for years to come.

Do politics play a role? Well, more so in Arlington and the DMV than just about anywhere else in the country, but just how much? Very little. Truth is, even in presidential cycles, most of the staffers on the hill are already here, and they don’t leave even if their candidate doesn’t win, they just work in a different office somewhere in the region. There is almost no discernible impact from either the presidential election or mid-terms, and 2022 isn’t likely to deviate from that too much.

2021 smashed sales records for one main reason, and that is that people finally started moving! Demand wasn’t fully satisfied, but enough homes came up for sale, and were subsequently bought, that we were able to see so much more turnover in our geographically tiny county. We’re beginning 2022 with 261 properties available for sale, but this week last year, we had 513! So, for 2022 to look anything like 2021, we’re going to need some sellers to cash in on the high prices…

Digging into some other numbers for you to kick off the year, we’re off to a slow start, but that’s to be expected this time of year. Sellers listed just 28 homes in the past week, and buyers ratified 17 contracts, four of which were on homes listed seven days or less.

Of the homes currently available for sale (261 total), 61 are detached homes, 36 are semi-detached/ townhomes, and the remaining 185 are condominiums. These properties range in price from $100,000 all the way up to $4,250,000.

Average list price for currently available homes is $841,985, and the median price is $562,450. These homes have been on the market for an average of 89 DOM (days on market) and a median of 64. Expect the DOM to start dropping precipitously in the coming weeks as we see a surge of new inventory.

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.

6586 Williamsburg Blvd

Recent Stories

Good Wednesday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar. 🕗 News recap The following articles were published earlier today…

Arlington is receiving nearly $300,000 in federal funds to help clean up the Chesapeake Bay. The money is part of a much larger $206 million federal grant given to the National…

Schedule your tour today to see The Grace and Reva residences in National Landing. Located in the heart of the neighborhood’s vibrant food scene on Crystal Drive, these two residential…

James Beard semifinalist Peter Chang’s second restaurant in Arlington is expected to open next month in Crystal City. Located at 1550 Crystal Drive, the Chinese restaurant NiHao initially planned to…

Award-winning drag queen Tara Hoot is bringing her Family Fun Story Time Brunch to Arlington at Freddie’s Beach Bar! Saturday April 6 at noon! Join Tara for songs, stories, puppets, bubbles and joy! It’s not just stories, it’s a SHOW that’s perfect for kids and kids at heart–fun for everyone! Plus a tasty brunch at Freddie’s! Click the link and make your reservations now! ❤️ 🫧 🌈

Submit your own Announcement here.

The Summer 2024 STEAM (Science/Technology/Engineering/Arts/Math) Fellowship application is now open! Apply by April 15 to be considered!

The STEAM Workforce Development Teacher Fellowship provides Arlington Public Schools (APS) high school, middle school, and elementary school teachers with opportunities to learn about workplace needs in STEAM-related fields and for them to use the experience to enhance student learning to match workplace expectations in a selected industry. STEAM Fellows participate in a three-week summer fellowship, receiving a $4,000 stipend upon completion.

Applicants planning to pursue a fellowship in the arts must demonstrate how they will build connections between the arts and science, technology, engineering, or mathematics.

Click the button to learn more, share, apply, and see the variety of fellowships completed in previous years.

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Submit your own Announcement here.

ACFCU’s Homebuying 101: Steps to Getting Pre-Approved

Are you ready to jump into homeownership, or have you started considering it but don’t know where to start?

Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved. Join ACFCU for

Free Right-Sizing Workshop – How to Get Rid of Your…

Cody Chance and Dick Nathan of Long & Foster are hosting a free workshop at our office on Cherry Hill Rd. (formerly Lee Highway) on the topic of “down-sizing” Thursday, March 28 from 5:30-7:30. We have created a workbook with

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