Around Town

The Staples store in Virginia Square is closing next month.

A sign posted on the entrance to the office supply store at 3804 Wilson Blvd says the location is closing on Feb. 23.


News

An early morning fight near Clarendon was caught on camera over the weekend.

The brawl happened around 2 a.m. Saturday along the parking-lined section of Fairfax Drive at the western end of Clarendon. The video shows one person being knocked to the ground and a car ramming the side of another car, amid a fight that appears to be between two groups of people.


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.


Around Town

Local golf professional Jay Dufty has been honored with the Professional Golf Association’s (PGA) highest regional distinction.

Dufty, the golf director at the Washington Golf & Country Club in North Arlington, was named PGA Golf Professional of the Year by the Middle Atlantic section of the PGA (MAPGA) last week.


News

Pacers Owner Keeps Streak Alive — “Chris Farley is a runner who, for nearly a quarter-century, had finished a marathon or otherwise run 26.2 miles every year in under three hours. But in November, Farley, the owner of the Pacers Running stores in the D.C. area, was pretty sure his streak was over. He ran the New York City Marathon in just over three hours, a disappointment to him and his wide orbit of friends and supporters. He was ready to call it quits and say the streak was behind him — until his friends stepped in and told him they’d help him achieve his goal.” [Washington Post]

Renovations for Monroe Park Playground — “Get ready for some fun, the Monroe Park Playground is being redone!  Share your feedback to help inform upcoming renovations for the playground area of Monroe Park, which requires replacements according to Arlington County’s facility lifecycle process. No new amenities are planned for this project, which is funded by the Capital Improvement Plan.” [Arlington County]


News

The man driving the Jeep that seriously injured a pedestrian before slamming into a Pentagon City bank is likely to face charges, police say.

The driver, who has not yet been identified, “was attempting to turn from S. Hayes Street onto 12th Street S. when he exited the roadway onto the sidewalk, struck a pedestrian and crashed into a closed bank,” an Arlington County police spokesman says.


News

Arlington’s office vacancy rate remains high but may be stabilizing after an initial, sharp increase due to Covid remote work policies.

As of the fourth quarter of 2023, the countywide office vacancy rate stands at 24.4%, according to a new report from commercial real estate company Colliers.


News

(Updated at 1:45 p.m.) This weekend’s coastal storm is expected to fall as mostly rain in Arlington, but the county is preparing just in case.

If you were among the 76% of ARLnow readers to predict less than an inch of snow in Wednesday’s poll, congratulations — one day out, the forecasters agree with you. The storm is currently expected to start as snow Saturday morning, leaving maybe a coating of accumulation locally before switching to sleet and heavy rain.