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!
SURPRISE — rates rose again, and now average 5.3% during the past week. Expect this to continue — buyers, it’s time to lock in your payment for your new home before rates keep rising…
The market is cooling nationally, and despite the resilience we all appreciate in the Arlington marketplace, it is happening here too. I’m starting to see price reductions and days on market creeping upward. This historic inventory shortage will slowly but surely head in the direction of a more balanced marketplace, but I’d be guessing if I told you I thought it would balance out. That’s highly unlikely, for now. What will happen is buyers will get the ability to retain home inspection and financing/appraisal contingencies in their offers — a much needed reprieve in itself.
New listings took a breather this past week; sellers listed just 99 over the past seven days, a reduction of 23 from the week prior. Buyers ratified 82 contracts, a reduction of eight from the previous week. Of the 82 ratified contracts, 45 of those were on homes that spent seven days or less on the market!
Right now, in Arlington, there are 301 properties fully available for sale, three less than last week. Of those 301, 80 are detached properties, 33 are town homes/semi-detached properties, and 188 are condominiums.
The average sales price for currently available homes in Arlington is $846,450 and the median is $600,000. Days on market has ticked up just a bit, with the average sitting at 48 days and the median at 29 days. Median days on market is now up a by seven days, or 33%, in just the past three weeks — make no mistake this represents the start of a significant slowdown in overall activity!
This week last year, sellers had listed 116 homes for sale and purchasers ratified 73 contracts. There were 477 homes for sale. Interest rates averaged just 2.94% — wow!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
- 5565 Columbia Pike #706, Arlington, VA 22204 — $199,000
- 1800 Wilson Boulevard #108, Arlington, VA 22201 — $470,000
- 3493 S. Utah Street, Arlington, VA 22206 — $599,900
- 3305 Kemper Road, Arlington, VA 22206 — $859,500
- 5710 25th Road N., Arlington, VA 22207 — $1,025,000
- 2505 4th Street N., Arlington, VA 22201 — $1,269,900
- 810 N. Daniel Street, Arlington, VA 22201 — $1,700,000
- 6601 31st Street N., Arlington, VA 22213 — $2,549,000
The brief pursuit of a carjacking suspect in Arlington ended the way many police pursuits do: on a bridge over the Potomac. The driver of an Audi station wagon was…
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The Alternative Christmas Market is back! At First Presbyterian Church Arlington in Ballston, located at 601 N. Vermont Street, Arlington VA 22203, on Sunday, December 4th from 9:30am to 1:00pm. Parking available.
Vendors and products this year include: 10,000 Villages, Olive Oil Ministry, African Team Ministries, Community Coalition for Haiti, Heifer, African Market Baskets, Café Justo, Thistle Farms, Southwest Indian Foundation, and Together We Bake.
Buy gifts for everyone on your list, and support these great organizations, artisans, and global neighbors. See you there!
(This Community Post was written by the [Arlington Chorale](http://arlingtonchorale.org/) and underwritten by [Embracing Arlington Arts](https://embracing-arlington-arts.org/).
Since the Arlington Chorale returned to in-person singing one year ago, local amateur singers have been signing up for auditions in unprecedented numbers. “Thirty of our current members joined within the last year,” says Ingrid Lestrud, Artistic Director. “Many of them have recently moved to Arlington, and they want to join a community. Chorale members get to sing beautiful music and meet a diverse group of people who love singing as much as they do!”
The singers are busy preparing their December 10 concert, Christmas Joy! Featuring John Rutter ‘s Magnificat and Kirke Mechem’s _Seven Joys of Christmas_ , audiences will hear familiar Christmas carols, as well as beautiful music with hints of tango, musical theatre, and jazz. The singers will be accompanied by a chamber orchestra of local professional players, and the concert will highlight the talents of soprano Helena Colindres. Members of the Chorale’s outreach group, the Youth Community Council, and select singers from the Chorale will be singing Christmas carols outside the venue as audience members arrive. After the performance, everyone is invited to join the singers downstairs for a reception with light refreshments. It’s a special community event you won’t want to miss! Tickets are $20 for adults and free for children under 12 available here. Please join the Arlington Chorale on **Saturday, December 10 at 5:00 PM at Westover Baptist Church!**
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