Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.MrArlington.com or calling 703-836-6116 today!
January was a particularly frigid month – not only speaking in terms of temperatures, but in terms of the number of homes sold in the D.C. area. According to RealEstate Business Intelligence, the number of contracts signed fell by 8 percent in January 2016 compared to January ’15.
The reason for the lack of sales? That big ole blizzard that rolled through our area.
And while the temperatures may not be creeping up all that much, we can only hope that the snow stays far away so folks can get out and see all that our area has to offer.
Given a comparatively weak January, sellers in our area who have had their home(s) on the market for a while are starting to get aggressive with their pricing. There are many bargains to be had and this week is no exception.
This week, as of February 14, there are 151 detached homes, 39 townhouses and 245 apartments for sale throughout Arlington County. In total, 26 homes experienced a price reduction in the past week.
Here is this week’s selection of Just Reduced properties:
- 4408 33rd Road North, 22207 (NOW: $2,650,000 – Reduced $145,000 on 2/10)
- 4827 30th Street North, 22207 (NOW: $1,529,000 – Reduced $20,000 on 2/13)
- 3543 18th Street South, 22204 (NOW: $995,000 – Reduced $4,403 on 2/10)
- 3734 North Pershing Drive, 22203 (NOW: $874,999 – Reduced $25,000 on 2/11)
- 615 Edison Street, 22203 (NOW: $825,000 – Reduced $24,000 on 2/14)
- 2114 Randolph Street, 22207 (NOW: $725,000 – Reduced $40,000 on 2/12)
- 4401 Lee Highway #75, 22207 (NOW: $200,000 – Reduced $15,000 on 2/9)
Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Aaron Seekford.