Obituary

Tom Flournoy died in his sleep the morning of October 27, 2024. He was 69.

Tom was born in Washington, DC. After graduating from Woodbridge Senior High School and Old Dominion University, he launched a successful career as a Professional Engineer, specializing in transportation projects from planning to final design. Projects he worked on included roadways, highways, bridges, transit facilities, commuter rail, and bike and pedestrian facilities. Many, if not most, were in the Washington, DC area, including Arlington County, which became Tom’s home in 1989. In his last position as VP at STV Inc., Tom was instrumental in starting and growing STV’s DC office, which is still thriving.


News

An Arlington County Board candidate is suing The Washington Post over the publication’s reporting on her age.

The lawsuit by independent candidate Audrey Clement, which alleges age discrimination and defamation, concerns a candidate questionnaire that the Post ran in October 2021.


Sponsored

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 has the local real estate market performed so far this year?

Answer: After a year where market conditions softened in favor of buyers, the Northern VA real estate market became more favorable for sellers in the first quarter of 2026, while the Washington DC condo market continued to reel.

What is in this article:

  • Northern VA, Arlington, and Washington DC Absorption Trends (demand)
  • Northern VA, Arlington, and Washington DC Inventory Trends (supply)
  • Washington DC List Price Trends (market values)

Northern VA & Arlington Inventory is Being Absorbed Faster

After four straight quarters of double-digit decreases in year-over-year absorption, the Northern VA and Arlington markets saw a ~8% increase in absorption rate.

What this means: Demand increased in Q1

Northern VA & Arlington New Listing Volume is Declining

After a promising trend of six straight quarters of year-over-year increases in the number of homes listed for sale in Northern VA, new listing activity fell by ~1% each of the previous two quarters.

What this means: Sellers have less competition, buyers have fewer choices

Washington DC Condo Absorption is Plummeting

The absorption rate for DC condos has declined year-over-year for 16 quarters straight and 23 out of the past 26 quarters.

What this means: It is difficult to find buyers for DC condos

Washington DC Condo Inventory Declined Slightly

Total inventory declined by 3.4% year-over-year, the first quarterly drop since Q4 2023. Still, there were great than 2x more condos for sale in DC in Q1 2026 than Q1 2020

What this means: Motivated sellers must compete aggressively with each other for buyers

Washington DC Condos Keep Getting Cheaper

The average price of a DC condo listed for sale is 9.4% less than it was in Q1 2025 and ~9% less than it was ten years ago.

What this means: Even lowering the price won’t guarantee a buyer

If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at [email protected].

We have access to the most pre and off-market listings across the DMV of any brokerage and are happy to share what’s available with anybody who asks.

Below are some of our team’s pre/off-market listings, details and additional listings available by request:

  • Westover – 4BR/2BA/2,000sqft – Detached Single Family (2000) – 23rd St N Arlington VA 22205
  • Green Valley – 5BR/4.5BA/3,000sqft – Detached Single Family (2020) – 24th St S Arlington VA 22206
  • Ballston – 4BR/3.5BA/2,400sqft – Townhouse (2008) – N George Mason Dr Arlington VA 22203
  • Ballston – 4BR/3.5BA+office/4,000 sqft – Four Townhouses (2026/2027) – 11th St N Arlington VA 22201
  • Rosslyn – 2BR/2BA/1,800sqft – Condo (2021) – 1781 N Pierce St Arlington VA 22209
  • Rosslyn – 3BR/2.5BA/2,400sqft – Condo (1986) – 1530 Key Blvd Arlington VA 22209
  • Williamsburg – 6BR/5.5BA/5,500 sqft – Detached Single Family (2026) – 27th St N Arlington VA 22207
  • Yorktown – 6BR/6.5BA/6,000+ sqft – Detached Single Family (2026) – N Greencastle St Arlington VA 22207

Eli and his team believe that your real estate needs should be managed by advisors, not salespeople. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service.


Events

Pubs, political parties and clubs across Arlington will be hosting watch events as election results trickle in tomorrow night.

Political groups of various stripes will be hunkering down at local establishments — some of which are offering drink specials in addition to live election coverage as the first polls close at 7 p.m.


Around Town

An all-you-can-eat hot pot and Korean barbecue spot aims to open in Ballston early next year.

Construction work on Top Pot is underway on the ground floor of the Ballston Quarter mall (671 N. Glebe Road). The restaurant expects to open by early February in a 7,600-square-foot space between Mezeh and Chick-fil-A, Marketing Director Matthew Hall told ARLnow.


Sports

Instead of wasting time discussing or writing down their team’s primary goal for the 2024 football season, the Washington-Liberty Generals concentrated on accomplishing that task on the field.

On Saturday (Nov. 2) the high-school team did just that — winning a second straight Liberty District championship.


Around Town

It took almost a year to find the perfect match for the dog having stayed the longest this year at the Animal Welfare League of Arlington.

But all worked out. Nekoosa — a mixed-breed dog “with the perfect mix of of laid-back and fun-loving energy” — recently went home with her new family on her 362nd day in the pet shelter’s care.


News

Closures are taking place around the county for Election Day tomorrow (Tuesday).

The day is a county government holiday, bringing closures to all Arlington Public Library locations, the Long Bridge Aquatics and Fitness Center and community centers run by the Dept. of Parks and Recreation.


Schools

Arlington School Board members in mid-November will consider a major overhaul to how the school system tackles boundary adjustments.

If adopted, school leaders will start looking at boundaries on a two-year cycle rather than the current five years, and will apply a new set of criteria to guide how to make them.


Announcement

Is your summer camp calendar still open? Consider Art House 7 for your kids, a creative, well-loved space with a fabulous range of quality summer camps for ages 5-14. Your kids will love the imaginative themes and fun teachers. We’ll be making pottery, painting, drawing, printmaking, and sculpting. Among our camp themes: modern masters of art, “green” art, animals, fairytales, and folk stories. Our weekly camps are morning or afternoon, Monday-Friday.

Art House 7 is near the Lee Harrison Shopping Center in Arlington. We have a 2-story studio and free parking.