Feature

Just Listed in Arlington

By ARLnow.com Sponsor

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.

Activity certainly ramped up in Arlington this past week, with buyers ratifying 13 more contracts than the week prior.

Over the past two months our housing market has proved just how truly independently it can act from the rest of the country. Yes, our numbers have been lower than last year, and days on market have been creeping up. It’s also true that it’s about as hard to secure a house to buy in Arlington as ever before… but the prices are higher than they were last year!

Silver lining — interest rates are a half a point lower than this time last year, enough to overcome the price increase due to more buying power.

PICK OF THE WEEK — The Andors Real Estate Group is proud to have JUST LISTED 2717 S. Arlington Ridge Road, Arlington, VA 22202 — $850,000. Perched high on Arlington Ridge, this stately brick Cape Cod sits in a very private woodland-type yard. It features a gorgeous sunroom, great rear patio, screened-in porch and a great floor plan. It has an attached one-car garage, abundant storage, and is beaming with character — this is one you won’t want to miss!

There are currently 256 homes for sale in Arlington (225 this time last year). 138 are detached homes, 24 are townhouses/semi-detached and 94 are condos. Average days on market (DOM) is 60 and median DOM is 36.

Sellers listed some 62 properties for sale this week. Buyers ratified 56 contracts, 20 of which were homes that had been on the market one week or less. 19 of the ratified contracts were for properties over $1,000,000, so that price sector is still moving very well.

The median list price of available properties is $1,100,000, while the average is $1,205,482. Last year for the same week, sellers listed 45 homes and buyers ratified 44 contracts. This was a huge drop last year from the previous week, and now we have the first time in many months that our 2020 activity is stronger than the 2019 data.

Click here to search currently available Arlington real estate. Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight homes that are new this week that I think you might like to check out.