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.
Hey there Arlingtonians, and welcome to this week’s edition of JUST LISTED!
Activity continues to remain slow this second week of August, and mortgage interest rates significantly jumping week over week is not the news sellers are looking for!
It also appears that things may remain a bit slow for at least the next few days — there are only 20 coming soon listings throughout the county at the moment. We had as many as 50 earlier in the spring, so expect volume to be low for the foreseeable future.
Last week, rates dipped below 5% for the first time since April, but since then they have shot up to an average of 5.22%, a big move for a single week.
This week in Arlington, sellers listed 45 homes for sale, six less than last week, while buyers ratified 49 contracts, 10 of which were on homes just listed in the last seven days.
Of the 417 homes currently available for sale (eight less than last week), 135 are detached homes, 60 are semi-detached/town houses, and 222 are condos.
Of those currently available properties, the average asking price is $883,176, and the median is $665,000. These properties have been sitting on the market for 54 days on average, while the median is 35.
This week last year, there were 513 properties available for sale, sellers listed 68 homes and buyers ratified 55 contracts. Mortgage rates were 2.87%!
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!
- 2842 S. Columbus Street, Arlington, VA 22206 — $520,000
- 4707 31st Street S., Arlington, VA 22206 — $599,900
- 1411 Key Boulevard #308, Arlington, VA 22209 — $649,900
- 2015 N. Lexington Street, Arlington, VA 22205 — $824,900
- 2005 N. Buchanan Court, Arlington, VA 22207 — $875,000
- 2631 S. Ives Street, Arlington, VA 22202 — $1,095,000
- 2510 S. Fern Street, Arlington, VA 22202 — $1,399,000
- 5306 36th Street N., Arlington, VA 22207 — $2,199,999
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