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.
Good morning, Arlington — it’s rainy and soggy out, but at least the temps are above freezing! What lovely weather for my ##’nd birthday…!
Quick update on mortgage rates; they remain flat, and now we’ve had three weeks of hovering right at about 3.5% on a 30-year fixed rate mortgage. Frenzied market condition continues (SURPRISE) and the words in the halls of real estate brokerages are “price escalation,” “no contingencies” and “cash offer.”
Remember, cash offers make up less than 10% of transactions locally, but they are out there, and they are winning. Having said that, if you’re a buyer and you’re looking for an expert to help you get a competitive advantage, CALL ME as we’ve got programs in place to help you compete against the cash offers and win. You can reach me at (703) 203-1117.
Inventory in the county shifted around a lot due to buyer and seller activity, but available units is unchanged from last week — sitting at just 237. That’s barely over a month’s worth of supply!
Sellers listed 61 homes in the past week, up six from the prior week, and buyers ratified 54 contracts, 23 of which were on homes listed in the last seven days.
Of the 237 homes currently available for sale, 58 are detached homes, 20 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 $855,272, and the median price is $559,000. These homes have been on the market for an average of 77 DOM (days on market) and a median of 49.
This week last year, there were 374 homes available for sale throughout the county. Sellers had listed 64 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 eight new listings that I think you might like to check out.
- 2720 S. Arlington Mill Drive #304, Arlington, VA 22206 — $559,000
- 3911 9th Road S., Arlington, VA 22204 — $599,900
- 2126 N. Brandywine Street, Arlington, VA 22207 — $615,000
- 4915 25th Street S., Arlington, VA 22206 — $742,999
- 851 N. Glebe Road #511, Arlington, VA 22203 — $750,000
- 2525 S. Kenmore Court, Arlington, VA 22206 — $850,000
- 1719 N. Nelson Street, Arlington, VA 22207 — $1,700,000
- 1314 N. Stafford Street, Arlington, VA 22201 — $1,749,000
Robbery at Pentagon City Mall — “1000 block of S. Hayes Street. At approximately 3:39 p.m. on November 22, police were dispatched to the report of a larceny just occurred….
An Arlington man is behind bars after police say he shot someone in the Green Valley neighborhood. The shooting happened early Sunday morning following what police described as a dispute…
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…
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