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.
- 4600 S. Four Mile Run Drive #1021, Arlington, VA 22204 — $189,900
- 3103 S. High Street, Arlington, VA 22202 — $624,900
- 838 S. Lincoln Street, Arlington, VA 22204 — $720,000
- 1300 Crystal Drive #506S, Arlington, VA 22202 — $950,000
- 6512 36th Street N., Arlington, VA 22213 — $1,200,000
- 6029 22nd Street N., Arlington, VA 22205 — $1,375,000
- 2947 26th Street N., Arlington, VA 22207 — $1,500,000
- 4823 16th Street N., Arlington, VA 22205 — $1,598,000
It’s Hanukkah — The Jewish festival of Hanukkah started last night. Public menorah lightings are planned in Clarendon and Pentagon City are planned on Sunday and Monday. [ARLnow] Federal Funds…
55+ Single Level Living
Good Thursday 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…
A look at the most and least expensive single-family homes sold in Arlington last month, November 2023.
About Latinas Leading Tomorrow (LLT): Latinas Leading Tomorrow is a dynamic 501(c)(3) nonprofit organization dedicated to empowering young Latina women through education, mentorship, and leadership development. We are committed to fostering a community of future leaders who will make a significant impact to the community.
Job Description: We are seeking a passionate and dedicated Part-time Executive Director to lead our organization into its next phase of growth and impact. The ideal candidate will be a visionary leader who can oversee day-to-day operations, drive fundraising efforts, and cultivate relationships with stakeholders. This is a 1099 position; Remote position with ability to attend DMV events; 8-10 hours a week; $35-40/per hour.
Oversee program operations, including educational and community initiatives.
Ensure compliance with legal and regulatory requirements, maintaining trust and accountability.
Develop and execute a strategic vision aligned with our mission and values.
Lead fundraising efforts in partnership with the Board Members.
Cultivate relationships with community partners, schools, educators, and donors.
Demonstrate strong leadership skills, fostering a positive organizational culture.
Communicate effectively with diverse stakeholders and make compelling public presentations.
Promote inclusivity and collaboration throughout the organization.
Children’s Weekday Program (CWP) is a non-profit preschool rooted in a play-based philosophy. We focus on developing a love of learning and exploration, cooperation, empathy, and independence.
Our caring and experienced educators create opportunities for children 16 months to 5 years old to play, learn, and grow in a nurturing environment of child-centered and developmentally appropriate experiences.
Initially established more than 50 years ago in South Arlington, CWP continues to be a lauded program in the Northern Virginia area. We are extremely proud to have been recognized as a Best Preschool in Northern Virginia Magazine for the last 4 years.
Located now in North Arlington at 2666 Military Road, CWP offers a part-time parents day out and preschool program with options to extend care both before and after school. We offer a supportive and inclusive school community for children and parents alike and welcome all families to join our school!
Holiday Art Show featuring artists: Peter Fitzgerald, Claire Plante, Alanna Rivera, and Suzy Scollon. At the Barcroft Community House, 800 South Buchanan St., Arlington, VA. Dec. 8 from, 2 PM to 8 PM and Dec. 9 from 10 AM to