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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 Arlington — it’s hot these days but at least there is a tiny bit of relief when this column comes out, at 5:30 a.m. in the morning!

The August slump is here, and I sense a huge opportunity for buyers, as well as strategic positioning for sellers.

Transactional volume slows way down this time of year — so many people are at the beach squeezing in one last vacation before settling back into the routine of the school year, and even housing takes a breather.

While there are fewer new homes being listed for sale, there are also fewer homes being taken under contract by purchasers. Couple this with mortgage rates that have just dipped below 5% for the first time since mid-April and a decrease in overall levels of competition, and purchasers may find it easier to snag the home of their choice.

Sellers are likely waiting until September to list their home, as this strategy seems to work year over year. Though kids now go back a week before Labor Day, as opposed to always just after, the mentality and objective match up — purchasers get back on track and start shopping again in September and this shows up in an uptick in showing activity, mortgage pre-approval letters, open house visitors and ratified contracts.

This week in Arlington, sellers listed 51 homes for sale while buyers ratified 50 contracts, 12 of which were on homes just listed in the last seven days. This near equilibrium for the week is not something we experience very often in Arlington — for the majority of the year sellers have way outpaced buyers — a flip from last year where buyers frequently ratified more offers.

Of the 425 homes currently available for sale, 136 are detached homes, 59 are semi-detached/town houses and 230 are condos.

Of those currently available properties, the average asking price is $890,497 and the median is $660,000. These properties have been sitting on the market for 52 days on average, while the median is 33.

Quick note — there was a time back in January and February where the median was 12 days, so while 33 doesn’t seem like much, this is a substantially different market and the dynamics continue to change rapidly, and from week to week.

This week last year, there were 497 properties available for sale, sellers listed 63 homes and buyers ratified 67 contracts. Mortgage rates were 2.77%!

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!

1411 Key Boulevard #409

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Arlington and its neighbors have become more segregated in the last 10 years while fair housing legislation at the state level faces significant roadblocks. Arlington’s fair housing enforcement, education, and commitment to equity practices in housing policy and programs are beginning to show signs of improvement but much more needs to be done. 

Join the NAACP Arlington Branch, HOME of Virginia, and Equal Rights Center for the 2nd Annual Arlington Fair Housing Conference on April 15th to discuss the threats and opportunities to advancing fair housing policy across the state and within Arlington.

The half-day, in-person event will feature speakers from fair housing advocacy organizations and government agencies including the U.S. Department of Housing and Urban Development, and focus on fair housing policy trends in Virginia and Arlington County. The conference aims to advance the understanding of issues and policies related to equity and affirmatively further fair housing among local officials, advocates, and members of the public.

2nd Annual Arlington Fair Housing Conference

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Submit your own Announcement here.

Is home ownership a goal of yours in 2023? Now is the time to make it happen! Grab a (virtual) drink with the area’s top Real Estate experts, learn all about the home buying process and on how you can get $1,500 towards your closing costs immediately!

Did you know the average Arlington renter will spend $150K in 5 years of renting? Stop paying down someone else’s mortgage! Join us for a Rent vs. Buy Happy Hour on Wednesday, April 5th at 6 p.m. via Zoom. If this time doesn’t work, we also are offering times convenient for your schedule!

A lot has happened in the local market since the beginning of the pandemic. Sip on your drink of choice and learn from Northern Virginia, Arlington and Washingtonian Magazines top producing agents! We will discuss the latest market updates, the home buying process and rent vs. buy cost savings. Please RSVP by clicking here.

Call/text Manavi at 703-869-6698 with any questions!

Submit your own Announcement here.

Private School Fair

Congressional School to Host MONA Private School Fair Thursday, April 27 at 6:30 PM
Congressional School in Falls Church, VA is delighted to host the MONA (Mothers of North Arlington) at an upcoming Private School Fair. Private schools from around

WHS Spring Festival

Join us at the WHS Spring Festival on April 22, 2023, from 10am- 3pm at Wakefield High School(main parking lot). Come out to shop, play, and eat!

Shop local vendors, arts & crafts, new and used items, food vendors/trucks, and


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