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.
The frigid temps are no match for determined buyers! Ratified contracts are up 14% since last week and overall inventory declines again!
Buyers clearly got the memo about rising interest rates and are taking a crack at just about everything that hits the market, with few exceptions. Interest rates held steady for the first time in a month, perhaps the best news buyers received this week. Stories of multiple offer scenarios, dozens of first day showings and other aggressive market tactics are being shared throughout my brokerage this week, and we can’t get enough sellers to list their homes!
A few homes sold sight unseen, no doubt with no contingencies and the seller calling all the shots. Arlington is hot, hot, hot!
Last week we had 246 properties for sale in Arlington, and this week we’re down another nine, for a total of 237! Sellers listed 55 homes in the past week, up thirteen from the prior week, and buyers ratified 58 contracts, 22 of which were on homes listed in the last seven days.
Of the 237 homes currently available for sale, 55 are detached homes, 23 are semi-detached/townhomes, and the remaining 159 are condominiums. These properties range in price from $100,000 all the way up to $3,850,000.
Average list price for currently available homes is $853,299, and the median price is $574,900. These homes have been on the market for an average of 81 DOM (days on market) and a median of 51.
This week last year, there were 388 homes available for sale throughout the county. Sellers had listed 75 homes for sale and buyers ratified 64 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 eight new listings that I think you might like to check out.
- 4500 S. Four Mile Run Drive #121, Arlington, VA 22204 — $295,000
- 1050 N. Taylor Street #1204, Arlington, VA 22201 — $399,900
- 1300 Crystal Drive #401S, Arlington, VA 22202 — $749,000
- 2642 S. Kenmore Court, Arlington, VA 22206 — $850,000
- 308 S. Fillmore Street, Arlington, VA 22204 — $975,000
- 3671 N. Monroe Street, Arlington, VA 22207 — $1,299,900
- 866 N. Livingston Street, Arlington, VA 22205 — $1,399,000
- 1548 N. Colonial Terrace, Arlington, VA 22209 — $1,550,000
