This content was written and sponsored by The Keri Shull Team, Arlington’s top producing residential real estate team.
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ARLnow keeps the lights on, and keeps our site free for readers, primarily thanks to our advertisers.
Today we’re specifically thanking a group of advertisers in a business category that is important to community news publications nationwide: real estate.
This regularly scheduled column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at [email protected].
Question: How does home value appreciation vary in Arlington by property type?
Answer: The Arlington VA housing market has appreciated by an average price of 49% and a median price of 39% over a ten-year period, but that appreciation is not evenly distributed across all property types.
Detached Homes Appreciate Over 60%
Those who spend the most on a home benefit from the highest appreciation rates, with detached home appreciation of 60%+ over the course of a decade, and new detached homes appreciating the most of any property type, at 65%.
Condos Appreciate 1-2% Annually
The worst performing category over ten years in Arlington is the one-bedroom condo, with appreciation close to 1% annually and just 15% over ten years. Two-bedroom condos perform moderately better, with an average annual appreciation closer to 2% at 28% over ten years.
Townhouses are the Goldilocks Property Type
More expensive than condos and less expensive than detached homes, townhouse/semi-detached properties fall right in the middle of cost and ten-year rate of appreciation, coming in at 40% over ten years. (more…)
After a week’s hiatus, the weekend discussion post is back.
Given the lack of a post last weekend, we’ll take a look back at the most-read Arlington stories of the past two weeks.
Exciting Full-Court 3×3 Basketball League is BACK!!
DMV 3×3 announces that its 3×3 Youth Basketball Full Court League is returning for a sophomore season!
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(Updated at 5:40 p.m.) Arlington residents will select a new County Board member on July 7, following the resignation of the late Erik Gutshall.
Gutshall resigned from the Board just 10 days before passing away from brain cancer on Thursday, April 16.
Join Arlington for Palestine and NAACP Arlington Branch for a movie night and community discussion about Israeli apartheid.
We will watch two short Palestinian films about life under Israeli apartheid, hear from a member of Arlington for Palestine about their trip to Palestine last year, and discuss together what all this means to us living in Arlington .
With many local restaurants closed, finding halal food for iftar during this Ramadan season may be more difficult for some Arlingtonians.
Ramadan started last night (Thursday) and runs through Saturday, May 23.
This sponsored column is written by Nick Anderson, beermonger at Arrowine (4508 Lee Highway). Sign up for Nick’s email newsletter and receive exclusive discounts and offers. Order from Arrowine’s expanding online store for curbside pickup.
We’re starting off this week with recommended reading: Mike Snider at USA Today picked up on that Brewer’s Association survey I mentioned in my last column and ran with it, talking to several breweries about their experience during the pandemic, and how long they think they can sustain themselves.
Police are investigating the killing of a 45-year-old Arlington man last night.
Arlington County Police say the man was found shot to death in the driver’s seat of a car around 10 p.m. Thursday, in the Green Valley neighborhood.
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Looking for a home? There are plenty of houses and condos open for viewing this weekend.
Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:
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There may be initial talks about planning for a limited reopening of the regional economy, but coronavirus cases are still rising in Arlington at a steady clip.
According to the latest Virginia Dept. of Health data, there are now 722 known cases of COVID-19 in Arlington, 120 hospitalizations, 24 deaths and 2,784 test results received. That’s up from 686 cases yesterday (Thursday) and 485 cases a week ago.
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