This past week, 44 properties were reported sold across Arlington.
Looking back, as of April 11, there were 615 homes listed for sale in Arlington, according to Homesnap. This includes 420 condos, 154 detached homes and 41 townhomes.
“The median list price is $572,400 and the median sales price is $600,000,” Homesnap reports. “There have been 187 new listings in the last 4 weeks and 269 sales.”
Here’s a look at a few of the properties sold in the past seven days:
- 1881 N. Nash Street #2309 — 3 BD/3.5 BA condo — $2,580,000
- 4529 18th Street N. — 4 BD/4.5 BA single-family home — $1,735,000
- 4407 4th Street S. — 4 BD/3.5 BA single-family home — $1,237,000
- 4608 2nd Street S. — 4 BD/2.5 BA single-family home — $985,000
- 3019 20th Street S. — 3 BD/2 BA single-family home — $806,000
- 4906 30th Street S. #A1 — 1 BD/2 BA condo — $500,000
- 1301 N. Courthouse Road #1402 — 1 BD/1.5 BA condo — $399,900
- 1200 S. Arlington Ridge Road #515 — studio/1 BA condo — $195,000
You’re invited to be the first to tour MUSE Old Town North. In grand opening fashion, the brand-new condominium will be welcoming on-site walk-throughs April 17 and 18.
Show-stopping river views help to paint the portrait of a new life in Old Town. An oasis on the Potomac riverfront, MUSE will embody the vibrant and charming neighborhood lifestyle in Alexandria. This new development showcases plentiful amenities and outdoor spaces, and each condominium home comes replete with modern and curated luxury.
There is no shortage of artful inspiration at MUSE Condominium. Located in the Arts District of Old Town North, MUSE offers residents the opportunity to breathe in the beauty and history of the surrounding neighborhood and live a truly artistic lifestyle, including an Arts Walk, a cultural center featuring 100+ local artist studios and classes by the Art League.
Just outside the front entrance will be an array of acclaimed restaurants, retail shops, sports courts and nature. Direct access to the Mt. Vernon Trail and proximity to Tide Lock Park means everything you need to enjoy the location is at your fingertips. Proximity to Reagan Airport, National Landing and the District means access to everything is immediate.
With 29 unique floor plans, each artfully appointed residence offers inspiring spaces to create your own sanctuary. The spacious units begin at 920 square feet for select one-bedroom residences and span to large two-bedroom plus den homes at just under 2,200 square feet. Appointed with only the best features and finishes, these residences are sure to impress.
During your hard-hat tour, you can see it all for yourself: tall ceilings and floor-to-ceiling glass with operable windows. Soon to be finished with seven-and-a-half-foot wide engineered hardwoods, modern Italian cabinets by Snaidero®, custom designer lighting and luxurious spa bathrooms with Waterworks fixtures. Modern gourmet kitchens make for chef-inspired cooking with Bosch® and Thermador® appliances, European flat-panel wood cabinetry, and a center island.
A 24-hour concierge and porter service, along with additional white-glove services, are on par with those at a luxury hotel in the expansive lobby. Amenity spaces also impress — from the lobby lounge to rooftop fitness areas. Doors from the penthouse club room open onto a large terrace with grills, perfect for relaxing and enjoying company on any pleasant evening.
Join us for the grand opening event on April 17 and 18 — now booking weekend hard hat tours 11 a.m. to 4 p.m. Can’t make it then? Schedule a private visit to the sales gallery with a fully finished model, located adjacent to the property, at 1199 North Fairfax Street #510, Alexandria, 22314.
This month, Arlington Economic Development is celebrating innovation and all the business community members that contribute to the innovation economy. From venture capital raises to project announcements, Arlington has kicked off 2021 with great momentum in many areas that contribute to our innovation ecosystem.
In January 2021, Microsoft announced its decision to grow its presence in the Washington, D.C. area with a new lease at 1300 Wilson Boulevard in Arlington for its DMV Sales Headquarters. According to a LinkedIn post by Toni Townes-Whitley, President of U.S. Regulated Industries at Microsoft, “[the] new offices will feature a Microsoft Technology Center, state-of-the-art customer facilities, and innovative employee workspaces to support collaboration and innovation.”
In February 2021, Governor Northam announced the location of ZEBOX in Arlington as part of a larger announcement for the Commonwealth. According to the press release, “ZEBOX will assist innovative start-ups in developing new technologies for transportation, logistics, mobilities, and industry 4.0.” This was a great win for Arlington County as the community continues to expand its offerings of co-working and incubator spaces for tech startups.
Also announced in February 2021 was George Mason University’s President’s Advisory Council. This council, comprised of business executives and community leaders in the region, including AED’s director, Telly Tucker, will provide strategic guidance and advocacy to the University’s Arlington innovation initiatives.
Last month, DeepSig announced the opening of its 5G Wireless AI Lab in Rosslyn. According to the press release, “The lab includes an end-to-end 5G network using state-of-art, commercial grade, multi-vendor products and tools. The 5G Wireless AI Lab focuses on measuring and validating machine learning software on over-the-air calls and data using 5G Open virtual radio access network (vRAN) and signal classification for dynamic spectrum allocation and interference mitigation.”
Finally, 2021 has been a great year thus far for venture activity for Arlington-based companies. Since the beginning of 2021, notable deals include Stacklet’s announcement that it secured $18 million Series A funding and WireWheel’s announcement that it raised $20 million in Series B funding. Additionally, CareerGig announced the acquisition of Charlottesville, Virginia-based Moonlighting, a SaaS platform that empowers individuals to build their freelancer profiles and allows businesses to hire talented professionals quickly and affordably, according to a January press release.
All these announcements contribute to the success of Arlingtonʼs innovation ecosystem by helping the community attract and expand the businesses, talent and venture funding to make Arlington an ideal hub for innovation.
Meet Bentley, Arlington’s latest Pet of the Week. Bentley is new to Arlington, and he’s excited about these warmer temps, so he can start exploring his new city and making friends!
Here’s what Bentley had to say about his life in Arlington:
Hey y’all! I’m Bentley, a small sheltie born and raised in Georgia. I moved to D.C. with my mom four years ago, and we just recently relocated to Arlington. With warmer weather on the horizon, I am excited about getting out and exploring my new city (safely, of course) and meeting new friends — both furry and two-legged.
I love treats, toys and nap time. I’ve also done my fair share of traveling! My mom and I like to take short little weekend getaways to escape the city. We’ve been to Annapolis, Richmond, Charlottesville, Winchester and Williamsburg — to name a few. If you have any suggestions please let my mom know in the comments!
I’m always a good boy. Mom calls me her little prince. I know I am spoiled and get everything I want, but I was also taught the importance of giving back. When we were cleaning out for our move to Arlington, I told my mom I wanted to donate some of my new/gently used toys, blankets and sweaters to other animals in need. (See last pic.) We were able to donate to Lucky Dog Animal Rescue, a local organization in Arlington. I really hope they enjoy their new goodies!
If you see me around, don’t be a stranger! Come say hello.
Want your pet to be considered for the Arlington Pet of the Week? Email [email protected] with a 2-3 paragraph bio and at least 3-4 horizontally-oriented photos of your pet. Please don’t send vertical photos — they don’t fit in our photo galleries!
We are also looking for local pets who look like their owners or like celebrities. Email us photos of your pet and their doppelgänger, explaining the resemblance and whether it has been noticed in your neighborhood.
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.
There are 365 days per year (unless it’s a leap year, of course). And, for this week’s Just Reduced column, we have $365,000 in price reductions to share! Add ’em all up and that’s what you’ll be saving off the collective original list price, folks.
But, as a friendly reminder, these preliminary savings can be only the beginning.
From the Just Reduced price and if you have a polished team on your side, you can negotiate even lower. And, if the home you’ve been eyeing hasn’t been reduced just yet, your team can help you negotiate on that front, too.
While the market may be wild right now, there are plenty of opportunities to achieve your unique real estate dreams. When you’re ready to roll, the time-tested team at Arlington Realty, Inc. is ready to advocate on your behalf.
And now on to this week’s Just Reduced figures…
As of April 12, there are 136 detached homes, 53 townhouses and 326 condos for sale throughout Arlington County. In total, 31 homes experienced a price reduction in the past week, including:
- 4112 Lee Highway N., 22207 — NOW: $1,799,990 (Reduced $75,000 on 4/8)
- 1132 N. Stuart Street, 22201 — NOW: $1,475,000 (Reduced $25,000 on 4/8)
- 1530 Key Blvd #906, 22209 — NOW: $1,225,000 (Reduced $125,000 on 4/5)
- 4819 9th Street S., 22204 — NOW: $899,980 (Reduced $50,000 on 4/8)
- 1806 N. Cleveland Street, 22201 — NOW: $850,000 (Reduced $75,000 on 4/5)
- 3409 Wilson Blvd #606, 22201 — NOW: $669,999 (Reduced $10,000 on 4/5)
- 3830 9th Street N. #302E, 22203 — NOW: $434,950 (Reduced $5,000 on 4/4)
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.
This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Enjoy!
Question: How did Q1 compare to other quarters, and what does that mean for Q2?
Answer: The housing boom has been front-and-center in the national news cycle for about six months now, and Q1 blessed many homeowners and builders with amazing results, while inflicting similar levels of frustration on buyers.
Despite the national, regional and local craziness, the Arlington single-family home (SFH) and townhouse (TH) markets actually didn’t look that different in Q1 2021 compared to the last couple of (post-Amazon HQ2) years, so the pandemic-related housing boom hasn’t created nearly the systemic shock here as it has in other local markets like Fairfax County and Loudoun County. Months of Supply (measure of supply and demand) for SFH is down 36% YoY for Q1 in Arlington, but over 50% in Washington D.C., Fairfax County and Loudoun County with Loudoun County SFHs down an incredible 73.9% YoY in Q1.
Arlington Quarterly Market Performance
First, let’s take a look at a breakdown of the Arlington SFH/TH quarterly market performance, with some highlights bulleted below:
- If you’re buying a SFH/TH that has been on the market for 10 days or less, prepare to pay an average of 2-3% over the asking price. 12% of buyers since 2020 have paid 5% or more over the asking price.
- Since 2020, about two-thirds of SFH/TH properties go under contract in 1-10 days and only 21% have stayed on market for more than 30 days.
- You can expect price escalations on hot properties to be even further above the asking price in Q2 compared to Q1, based on historical data. The only exception to this was in 2020 because Q3 functioned like Q2 due to a delayed spring market caused by the pandemic.
- Expect about one-third of 2021’s SFH/TH properties to be listed for sale in Q2, the most of any quarter by a significant margin.
- Among SFH/TH properties that went under contract in 1-10 days in Q1, the average sold price of those homes increased 11.8% over Q1 2020. Last year there was a 5.7% increase in average sold price of hot properties compared to Q1 2019.
Northern Virginia and Washington D.C. Market Performance Comparison
As noted earlier, the pandemic created a much sharper change in the real estate markets outside of Arlington because Arlington had already experienced similar changes due to Amazon’s HQ2 announcement in November 2018. Below are some charts comparing the SFH markets (and one comparing the condo markets) in Washington D.C., Arlington, Fairfax County and Loudoun County, with some highlights bulleted below:
- In 2018 and most of 2019, Months of Supply for SFH in Washington D.C., Fairfax County and Loudoun County was 2-3x higher than Arlington (indicating a more favorable market for buyers). In Q1 2021, Fairfax County and Loudoun County had about half the Months of Supply as Arlington and Washington D.C., clearly a sign of buyer preferences for more space, lower $/SqFt and de-prioritization of commute time and walkability.
- The most dramatic pandemic-related market shift for Arlington has been the condo market going from the most favorable market for sellers pre-pandemic to a near tie with Washington D.C. for least favorable, by a significant margin.
- Fairfax County stands out for the huge drop in active SFH home listings, dropping from an average of nearly 2,000 listings/quarter in 2018 to less than 500 in Q1 2021.
- The data suggests relatively little change in average prices in Q1 2021 in Arlington and Washington D.C., but I think this is more about the data composition than a reflection of actual pricing because everything I’ve experienced in the market suggests strong price growth in Q1 2021.
- Median days on market for SFH has been below 10 days in all four markets since the pandemic began.
If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at [email protected].
If you’d like a question answered in my weekly column or to set-up an in-person meeting to discuss local Real Estate, please send an email to [email protected]. To read any of my older posts, visit the blog section of my website at www.EliResidential.com. Call me directly at 703-539-2529.
Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with RLAH Real Estate, 4040 N Fairfax Dr #10C Arlington VA 22203. 703-390-9460.
The Townes at South Glebe by the Christopher Companies boasts a location in the desirable and historic city of Arlington and across the Potomac River from Washington D.C.
These brand-new townhomes offer the perfect blend of modern luxury and urban convenience, nestled next to Army Navy Country Club and near everything the D.C. region has to offer.
These homes will provide new homebuyers quality designer exteriors and three to four levels of spacious living, while featuring the most stunning interior appointments.
Stop by our website to learn more and take a virtual tour.
This neighborhood is home to some of D.C.’s top-ranking centers of education — but does that mean that moving here is the smart choice?
Like all of Arlington, the real estate market in Yorktown is very strong right now. We are seeing a ton of traffic as people are moving up from Arlington condos to the single-family homes in this bucolic locale. So join the Keri Shull Team today as we share everything you need to know about the in-demand Arlington neighborhood of Yorktown.
And, as always, if you have any questions about Arlington real estate, contact the Keri Shull Team, the No. 1 top-selling real estate team in the Washington, D.C. area.
Not to be confused with the census-designated place of the same name near Newport News, the Yorktown we are covering in this guide is a neighborhood in the northern stretch of Arlington, Virginia.
Although Yorktown itself offers a quiet slice of suburbia, the neighborhood is not far from the action in Arlington. Yorktown sits to the northwest of Ballston, one of the main centers for commerce and entertainment in Northern Virginia. This means the area is perfect for people who work in Arlington or attend school at one of the prestigious institutions along the Orange Line.
Living in Yorktown
Speaking of homes, most of the houses for sale in Yorktown are single-family homes. This means that, although the neighborhood offers easy access to the rest of Arlington and the D.C. area via Lee Highway, Yorktown retains a tranquil, suburban feel.
Yorktown is well-known for its great education options. Yorktown High School consistently ranks in the top 100 public schools in the entire nation, and Marymount University is immediately adjacent to the neighborhood.
Even though most of Yorktown is dedicated to residential spaces, there are still great options for dining and recreation in the area. The main retail center in Yorktown is Lee Harrison Shopping Center, which features both local favorites and national chains.
Owning a Home in Yorktown
So, why are homes in such high demand in Yorktown? Yorktown’s market remains hot because it’s the neighborhood that has it all. With both a family-friendly atmosphere and easy access to all of the nightlife and entertainment in Arlington, this community is thriving right now.
Getting Around NoVA
Although there is not a Metro stop in Arlington’s Yorktown neighborhood, residents are still able to get around with ease. The southern border of Yorktown is defined by Old Dominion drive, an important throughway for NoVA traffic. This means commuters living in Yorktown can easily access everything that the D.C. area has to offer.
Plus, with a respectable Walk Score of 71, it is very possible to take care of daily errands via foot, all without sacrificing the quiet of suburbia.
The Verdict on Yorktown
Yorktown residents get to enjoy the utmost privacy and tranquility that comes with suburban living. However, thanks to the proximity of downtown Arlington and other NoVA cities, you don’t have to sacrifice amazing entertainment, dining and recreation.
Finally, the neighborhood is replete with natural beauty. Greenbrier Park and Rock Spring Park, in particular, are amazing spots to get some fresh air.
On top of this, we are seeing an increasing interest in single-family homes in 2021, with more and more condominiums going on the market as families outgrow their homes. This means that people are moving away from high-rise neighborhoods like Rosslyn or Ballston and into more suburban locals — such as Yorktown.
This means that if you want to find a home in Yorktown, you need to have every advantage that you can get!
Finding a Home in Yorktown
At the Keri Shull Team, we have hundreds of off-market properties that you cannot find online or anywhere else… and we want to give you priority access to these homes before they even go on the market!
And if you are selling a house in Arlington, it’s more important than ever to make sure you are taking the proper precautions to protect your investment. The best way to do that is to speak with a top-tier real estate agent and create a completely customized home selling strategy.
So what are you waiting for? Just schedule a free, no-pressure consultation with one of our Real Estate Needs Analysts!
This sponsored column is written by Todd Himes, beermonger at Arrowine (4508 Lee Highway). Sign up for the email newsletter and receive exclusive discounts and offers. Order from Arrowine’s expanding online store for curbside pickup.
This has happened to us all, I am sure.
It’s a little after noon one weekday, and you see the notification pop up on a group text you’re in with a few old coworkers: “I’m adapting Julia Child’s Beef Bourguignon recipe to beer and not sure what type to sub in for the wine.” Will this beer cook down to be too bitter? Would a sour mirror the acidity found in the wine? Could this beer be too light and be overpowered by the beef? Maybe. The answer to all of these questions really is maybe.
Cooking with beers can be tricky, but there are a few general guidelines you can follow to set yourself up for success.
First, don’t cook with something you wouldn’t want to drink on its own. If you didn’t like it the way it was brewed to be enjoyed, then you’re probably not going to like what it does in your recipe.
Secondly, don’t start off too bitter — not just hops but intensely roasty beers as well. Long cooking times and reductions will concentrate and intensify those bitter flavors. I strongly suggest skipping over coffee beers, too. The high heat brings out extra bite in the coffee like an over extended brewing time would.
Lastly, it’s better to skip anything you’d describe as subtle or delicate flavor-wise, as those flavors can be masked by other ingredients or lost in the cooking process.
So now that we got the negatives out of the way, let’s talk about the things you can and should definitely try.
Sweeter malty beers will concentrate over time and make an excellent choice for braising and stews. I love De Struise Pannepot, a really unique take on a Belgian Dark Strong Ale that veers towards Imperial Stout. One of the most decadent things I have ever eaten was at Nuetnigenough in Brussels where they served braised beef cheeks that had slow cooked in that beer.
Rich chocolatey stouts can be incredible in baked goods like brownies.
Steamed Mussels in Lambic are always delicious as well. I’ve enjoyed anything from a classic Gueuze with butter and garlic to Framboise with bacon. Recently, when it was a little too cold to break out the smoker, I even added a bit of Aecht Schlenkerla Rauchbier Urbock to some onions, mustard and a pork shoulder and was very pleased with the results after a few hours in a 275°F degree oven. The smokiness wasn’t overpowering at all, and it even cooked down to a rich umami-packed sauce that would be just as good in vegetarian chili as it was here.
Anybody out there have a great recipe for cooking with beer they want to share with me? I’ve been wanting to try swapping out a little bit of the water in my pizza dough recipe for a crisp pilsner.
Oh, and if you’re curious what I suggested for the Bourguignon, I pushed for an Oud Brun with its maltiness and tart acidity, but those are getting harder and harder to find. I couldn’t even offer a classic example here, but the friend in question settled on a Right Proper Baron Corvo, which is a pretty damn good choice I’d say.
Address: 1730 Arlington Blvd #507
Neighborhood: The Weldon Condominium
Take your first step on the housing ladder with this light-filled one-bedroom condominium near everything you want in Arlington.
The large living and dining area overlooks a quiet, treed hillside and provides space for media, dining, reading, relaxing, and working and learning from home. A second desk area is available in the bedroom, and the generous closet space is a plus. The kitchen features light-wood cabinets, granite tops and stainless appliances, while the bath has classic white tile and a large vanity. The heating and cooling system is nearly new. Fresh, neutral decor and gleaming floors enhance the home’s appeal.
Two reserved parking spaces come with the condo, and the low condo fee of $445 per month includes all utilities. Enjoy the Weldon’s exercise room, rooftop deck with panoramic views of the Washington and Rosslyn skylines, and a secure lobby for package deliveries. As a bonus, you can see the caisson horses graze on the hillside at Fort Myer.
Jog to the Iwo Jima Memorial to hear the Netherlands Carillon, and stop at the venerable Quarterdeck for a sandwich and beverage on the way home. Walk or bike to the Courthouse Metro Station and for shops, restaurants, farmers market and nightlife. You’ll have an easy commute to Washington, the Pentagon, National Airpot, Fort Myer/Henderson Hall, Rosslyn-Ballston corridor, and Pentagon and Crystal Cities at National Landing.
Looking for a home? There are plenty of houses and condos open for viewing this weekend.
3201 Military Road
6 BD/6 BA, 2 half bath single-family home
Agent: KW United
Open: Sunday, 1-4 p.m.
3911 Lorcom Lane
5 BD/5 BA, 1 half bath single-family home
Open: Sunday, 1-4 p.m.
3179 17th Street N.
5 BD/4 BA, 1 half bath single-family home
Agent: Long & Foster Real Estate
Open: Sunday, 1-4 p.m.
1807 N. Underwood Street
4 BD/4 BA single-family home
Agent: McEnearney Associates
Open: Sunday, 12-3 p.m.
1521 23rd Road S.
3 BD/3 BA single-family home
Agent: Long & Foster Real Estate
Open: Sunday, 1-4 p.m.
1411 Key Blvd, #304
2 BD/2 BA condo
Agent: Long & Foster Real Estate
Open: Saturday, 1-3 p.m.
1327 S. Glebe Road
4 BD/3 BA, 1 half bath townhome
Agent: Keller Williams Capital Properties
Open: Sunday, 1-4 p.m.