Good Tuesday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar.
The following articles were published earlier today — Nov 7, 2023.
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Costs are rising for some traffic signal upgrades in Courthouse.
Developer Greystar is installing new traffic signals at three intersections near its new, 423-unit, 20-story building that replaced several restaurants, including Summers Restaurant, in an area known as the “Landmark block.”
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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.
The Pentagon City mall is adding a dash of South American flavor to its dining options.
Maizal, situated on the mall’s exterior along S. Hayes Street adjacent to Macy’s, is gearing up to open next week, according to a company spokesperson.
The League of Women Voters of Arlington and Alexandria City, in partnership with Arlington County Public Library, invites you to an open discussion on managing local government in a changing environment.
Join Arlington County Manager Mark Schwartz and Alexandria City Manager Jim Parajon for a conversation about how local governments are adapting to shifts in federal funding and changes at the state level. The discussion will explore how these evolving conditions may impact local priorities, services, and decision-making in our communities.
Say hello to one of the fluffiest cats, Chico!
This white cloud of fluff is currently in foster and up for adoption at the Animal Welfare League of Arlington.
Planned Parenthood of Metropolitan Washington, DC (PPMW) will host its 2026 Impact Gala on Saturday, April 25, 2026, from 5:30 p.m. to 9:30 p.m., dinner, dancing and impactful programming, at the beautiful Waldorf Astoria downtown Washington, DC. The annual event will bring together a stylish crowd of advocates, community leaders, and supporters to raise critical funds for the organization’s “Fight Forward” campaign, which supports access to reproductive health care, education, and advocacy across the region. Along with live music, diner and programming, special guest appearances include actress and activist Sophia Bush, professional soccer champion Ashlyn Harris, and other special invited guests. Join us for a fabulous evening for an important cause.
Election Day got off to a busier-than-expected start this morning.
As of this morning, some 9,200 voters turned out to vote today, according to the Arlington County’s Dept. of Elections.
A new Middle Eastern restaurant and hookah lounge has opened in Bluemont.
Ya Hala Bistro, located where Layalina Restaurant used to be at 5216 Wilson Blvd, hosted a soft opening last Saturday and is planning a grand opening in the coming weeks.
The Arlington intersection just before Chain Bridge is set for some upgrades.
The proposed $1.1 million project “focuses primarily on upgrading the outdated traffic signal at the intersection of North Glebe Road and Chain Bridge Road as well as installation of a reversible lane control system to improve safety for vehicles approaching and travelling over Chain Bridge,” according to a report to the Arlington County Board.
It’s Election Day — Polls are open from 6 a.m.-7 p.m. today, with a number of local races on the ballot. Check out the candidate essays we published last week from those in competitive races. [Arlington County]
Fewer People Voting = Better? — From a newspaper editorial that has been getting some attention on social media: “With ‘Election Day’ having now morphed into ‘Election Season,’ we’re a little late to make this plea – and run the risk of being accused of ‘voter suppression’ as we do – but we’re still going to say it. We think those who are not willing to do the homework on Arlington’s local campaigns (the County Board races being the only ones seriously contested in 2023) and bring an informed perspective to the ballot box should do the broader community a favor and sit them out.” [Gazette Leader]
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Good Monday evening, Arlington. Let’s take a look back at today’s stories and a look forward to tomorrow’s event calendar.
The following articles were published earlier today — Nov 6, 2023.
At some point a lot of guys realize they don’t really have a friend group anymore.
Not in a dramatic way. Friends move away, people get busy, and actually seeing the same guys regularly almost never happens.