Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
The holiday slowdown is officially in the rearview mirror.
Monitoring this week’s real estate figures, we’ve seen an upward tick in new listings by approximately 10 percent compared to last week. We’ve also tracked a nearly 400 percent increase in the number of Just Reduced properties week-over-week.
So, what does this mean?
In a nutshell, for those whose properties sat on the market through the holidays, they are now stepping up their game that much more. So, we’re experiencing a bit more aggression and flexibility on their part price-wise.
For the home-seeker out there, if there is a property that’s caught your fancy and/or perhaps it’s sat out there longer than expected, let’s make it happen. Now is the time to step up to the plate with your best offer and a time-tested, negotiation-ready team by your side. And, for that, the team at Arlington Realty, Inc. is ready to advocate on your behalf.
Until then, here are this week’s Just Reduced numbers.
As of January 10, there are 77 detached homes, 31 townhouses and 187 condos for sale throughout Arlington County. In total, 23 homes experienced a price reduction in the past week, including:
- 2815 24th Road S., 22206 — NOW: $950,500 (Reduced: $15,000 on 1/3)
- 1102 S. Highland Street #3, 22204 — NOW: $824,900 (Reduced: $45,000 on 1/4)
- 2000 S. Langley Street, 22204 — NOW: $815,000 (Reduced: $10,000 on 1/6)
- 306 S. Glebe Road, 22204 — NOW: $675,500 (Reduced: $10,000 on 1/8)
- 3800 Fairfax Drive #109, 22203 — NOW: $668,000 (Reduced: $10,000 on 1/9)
- 2055 26th Street S. #5-305, 22206 — NOW: $469,500 (Reduced: $5,000 on 1/4)
- 2016 N. Adams Street #604, 22201 — NOW: $254,900 (Reduced: $5,000 on 1/3)
Please note this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.
Today’s Listing of the Day is a 4 BD/4.5 BA home with a wraparound deck and one car garage.
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“Last November, the world lost an icon. The death of Stephen Sondheim was a blow to everyone in the theater community. Signature Theatre would not be the same without Sondheim — he IS Signature’s ‘signature.’ This season, we are honoring the legend with productions of Into the Woods, Pacific Overtures and Sweeney Todd dedicated to his memory. These shows represent the diversity and range of Sondheim,” said Signature’s Artistic Director Matthew Gardiner about the new season.
Are you ready to buy your first home, but concerned about saving for a down payment? Grab a drink and join us for 45 minutes to learn more about how you can buy your first house with 3%, 5%, or