Support

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.

Good morning Arlingtonians, welcome to Just Listed!

Interest rates did a backflip this past week after the news the Fed raised rates by .25%. Buyers were being quoted over 5% briefly in some instances, but that leveled out by last Friday.

Freddie Mac notes that the 30-year fixed rate mortgage average for the past week sits at 4.42%, higher than it’s been in at least three years. For perspective, rates are up 1.31% higher this year than where they left off in 2021, and have gone up 9/12 weeks this year.

Despite the rise in interest rates, the inventory situation is a bit dire for buyers. We are running about 2-3 weeks’ worth of inventory, depending on how you measure it week over week. Simply put, rising interest rates aren’t curbing the demand for a piece of Arlington real estate, whether it’s a condo, a townhouse or a detached home.

While inventory is tight (of course), it’s grown just a bit over the last week. We have 14 more properties available in the county than we did last week, totaling 262. Sellers listed 98 homes for sale, 13 fewer than last week.

Buyers seem to have been a bit spooked by the rate volatility the past week, ratified contracts are down a bit… 70 contracts in the past seven days, down 12 from the week prior. Forty of those were homes listed just within the past seven days.

Of the 262 homes currently available for sale, 62are detached homes, 27are semi-detached/townhomes, and the remaining 173 are condominiums. These properties range in price from $100,000 all the way up to $7,950,000.

Average list price for currently available homes is $819,333, and the median price is $539.450. These homes have been on the market for an average of 54 DOM (days on market) and a median of 21.

This week last year, there were 429 homes available for sale throughout the county. Sellers had listed 101 homes for sale and buyers ratified 89 contracts.

PICK OF THE WEEK — 3103 S. High Street, Arlington, VA 22202 — $624,900

Welcome to this deceptively large four-story home with two bedrooms, one bathroom and plenty of storage; all the best of a detached home, with one less exterior wall! An inviting front porch, hardwood floors throughout the main and upper level, and freshly painted in neutral tones. Thoroughly updated with many new and recent major systems and appliances.

Featuring a wood burning fireplace with brick hearth, open and renovated kitchen and dining area and a private backyard deck. Lower-level laundry and utility space as well as rec room, and uppermost level loft is perfect for a home office. Parking pad can be added in front of the home, though street parking is abundant. So much additional potential by finishing the basement, with ability to add another full bathroom! A perfect income generating property right in the neighborhood!

Find me and my team here this weekend, Saturday and Sunday from 1:00pm-4:00pm for the public open houses!

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.

Recent Stories

Daily Debrief for Dec 2, 2022

Good Friday evening, Arlington. Today we published 6 articles that were read a total of 14680 times… so far. 📈 Top stories The following are the most-read articles for today…

Police issued a traffic ticket every six minutes, on average, during an enforcement effort in front of Nottingham Elementary on Thursday afternoon.

Police swarmed the Rosslyn neighborhood after an alleged thief led an officer on a brief foot pursuit.

It’s holiday time and the lights are coming on in Arlington. Over the next several weeks, a slew of tree lightings, Santa visits, markets, and holiday celebrations are happening around…

Hello Everyone -You are invited to the final meeting of NAACP Arlington Branch NAACP for 2022When: Dec 12, 2022, 07:00 PM Eastern Time (US and Canada) Topic: 2022 General Membership Meeting – NAACP Arlington BranchRegister in advance for this webinar:https://us06web.zoom.us/webinar/register/WN_xGl7wD59R8Cu94elw4bAqQAfter registering, you will receive a confirmation email containing information about joining the webinar.7:00 pm Meeting Opens7:30 pm Installation 8:00 pm Presentation/Q&A; by Dave Schutz on Ranked Choice Voting 8:30 pm Final Remarks and Comments by Newly Elected Members9:00 pm Meeting Adjourns Installation Official Robert N. Barnette, Jr. President, Virginia State Conference NAACP The President of the Virginia State Conference NAACP will serve as the Installation Official and provide remarks for our newly elected officers at the general membership. NAACP Arlington Branch Election Results President- Elect: Michael Hemminger 1st Vice President-Elect: James Younger 2nd Vice President-Elect: Bryan Coleman 3rd Vice President-Elect: Lorelle Langhorne Secretary-Elect: Wanda Younger Assistant Secretary-Elect: Kathleen McSweeney Treasurer-Elect: Adriana Spain Assistant Treasurer-Elect: Kenya Pennington Executive Committee-Elect: Nadia Conyers, Kellen MacBeth, Karen Nightengale Their terms officially begin January 1, 2023. 3rd Monday of the month meeting date changed due to the festival observance of Hanukkah

Submit your own Announcement here.

Join us December 10 & 11 for our Annual Handmade Holiday Workshop Series. We have a myriad of fun and festive programs from linoleum block wrapping paper printing and buttonhole book making workshops led by Eliza Clifford to a meditative grid workshop and Calligraphy Card Making with Anjelika Deogirikar. Join these wonderful artists and get creative this holiday season!

Submit your own Announcement here.

Light Up Arlington – Clarendon Menorah Lighting

Join us as we celebrate the holiday of Chanukah! Enjoy delicious Latkes, hot cocoa, donuts and more!

Clarendon Menorah Lighting and Community Celebration

Experience the festival of lights!!

*Lighting of a giant 9 foot Menorah

Read More

National Chamber Ensemble – Holiday Cheer!

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

×

Subscribe to our mailing list