Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
“A home was reduced in price by $1,000, why should I care?” It’s a common question we’ve received during the six-plus years of this column.
The simple answer is this: It signals flexibility and potential negotiation ahead.
With so many reduced properties, a small publicized price reduction may only be the beginning. So many times we’ve seen a $1,000 reduction turn into a $5,000, $10,000 and even $100,000 cut in price down the line. But, you have to be able to negotiate further. And, more often than not, that requires having a powerful team on your side.
When you’re ready to embark on a journey to achieve your real estate dreams, the time-tested team at Arlington Realty, Inc. is ready to advocate on your behalf. Until then, here are this week’s Just Reduced numbers:
As of July 19, there are 173 detached homes, 52 townhouses and 370 condos for sale throughout Arlington County. In total, 39 homes experienced a price reduction in the past week:
- 520 N. Monroe Street, 22201 — NOW: $2,300,000 (Reduced $95,000 on 7/16)
- 1138 N. Ivanhoe Street, 22205 — NOW: $1,888,000 (Reduced $37,000 on 7/18)
- 3700 Military Road, 22207 — NOW: $1,399,000 (Reduced $100,000 on 7/16)
- 2550 Washington Blvd, 22201 — NOW: $998,000 (Reduced $52,000 on 7/17)
- 5906 Arlington Blvd, 22204 — NOW: $775,000 (Reduced $15,000 on 7/16)
- 1001 N. Vermont Street #307, 22201 — NOW: $581,000 (Reduced $4,000 on 7/16)
- 1402 12th Street N. #S-104, 22209 — NOW: $315,000 (Reduced $20,000 on 7/19)
Please note 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 Arlington Realty, Inc.