(Updated on 8/18/23) After a late July tempest plunged roughly 35,000 Arlington residents into darkness, ARLnow posed a pressing question to Virginia’s largest electric utility: Why not move all power lines underground?
The short answer is red tape and price.
A man was stabbed and seriously injured last night in the Shirlington area.
The stabbing happened just after 10:30 p.m. at an apartment complex on the 4400 block of 31st Street S. It led to a suspect search that resulted in the arrest of a 28-year-old Arlington man who knew the victim, according to police.
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 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:
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.
(Updated at 9:30 a.m. on 8/23/23) Arlington County’s efforts to electrify transit just jolted forward.
Arlington’s transit system, ART, is getting its first batch of battery electric buses, or BEB, as it pursues carbon neutrality by 2050, according to a press release. The vehicles will be deployed in late 2024 after work wraps up on the new Operations and Maintenance Facility on Shirlington Road.
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.
A total of 28 Arlington-based companies are featured in this year’s Inc. 5000 list, which ranks the nation’s fastest-growing privately owned companies.
Several Arlington-based firms that made the list specialize in technology such as AI, machine learning, cybersecurity and cloud computing. Others perform various professional services for the federal government, including information technology, financial consulting and engineering.
Join us for the 12th Arlington Triathlon in Memory of Anne Viviani. This youth-only swim-bike-run event for ages 7-15 takes place Sunday, June 7th at Washington-Liberty Aquatics Center. It features a time-trial pool swim, a circuit bike course on closed streets, and an on-road run to the finish on the track. For registration, sponsorship information and more, please visit our website at www.triathlonfamilyusa.com. The race benefits the Arlington Triathlon Club, Arlington’s award-winning, elementary school-based multi-sport training program, the longest-running youth triathlon program of its kind in the country.
Arlington is “most desired city by renters” in the United States for the second month in a row, according to a rental website.
From RentCafe.com’s August Rental Activity Report:
Tax Delinquency Rate Reaches New Low — “It took some elbow grease to get there, as it always does, but the Arlington County Treasurer’s Office again has achieved another in a long string of record-low tax-delinquency rates. ‘Amazing,’ Treasurer Carla de la Pava said in announcing the annual rate of 0.157 percent during a celebration held Aug. 15.” [Gazette Leader]
Body Found Under Chain Bridge — “An investigation is underway after a man’s body was pulled from the Potomac River by first responders on Wednesday evening. DC Police, alongside DC Fire and EMS, conducted an extensive search of the area underneath the Chain Bridge in Northwest after receiving a report of an individual seen submerged in the water below.” [WUSA 9, Twitter]
Good Wednesday 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 — Aug 16, 2023.
Arlingtonians have a new destination for Arlington and ARLnow merch.
Today ARLnow is officially launching our new online store. Whereas we used to only sell items on Amazon — the best-selling Gondola Now shirt for instance — now we have our own storefront for a wider variety of items, designs and colors.
National Airport is set to get some sweeping changes intended to make it easier to get around, park and rent a car.
DCA’s convenience for Arlington residents is a major selling point but the airport has its downsides, including traffic jams of sometimes epic proportions.
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.
