Feature

Sponsored by Monday Properties and written by ARLnow, Startup Monday is a weekly column that profiles Arlington-based startups, founders, and other local technology news. Monday Properties is proudly featuring Three Ballston Plaza.

An organization founded by Wakefield High School alumna is returning to its stomping grounds this September to give back.


Around Town

(Updated at 12:30 p.m.) A new vape shop is set to open in the coming months in a prominent Courthouse storefront on Wilson Blvd.

“Tobacco Vape Cigars” is moving into the former home of SuperStar Tickets at 2305 Wilson Blvd, the very visible building at the corner of Wilson Blvd and N. Wayne Street.


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.


News

(Updated on 8/16/23) The man accused of damaging upwards of 20 vehicles after stealing two trucks and an Arlington County ambulance over the weekend was previously arrested in Arlington in May.

Darell Caldwell, a 30-year-old Maryland man, is facing both federal and local charges in the wild Saturday afternoon incident, in which he led police on a winding chase of the stolen ambulance across parts of Arlington and into D.C. before his arrest, according to Virginia State Police.


Events

Get your stomachs — and wallets — ready for Summer Restaurant Week, which is coming to Arlington in two weeks.

From Monday, Aug. 28 to Sunday, Sept. 3, eateries around Arlington will be dishing out three-course lunches, brunches and dinners for prices that only come around twice a year. Brunches and lunches will cost $25 and dinners either $40 or $55.


Event

Join us for a delightful Sunday afternoon at the BlackRock Center for the Arts as Cruise Planners Beth & Rod present a special travel-inspired matinee featuring the beloved film Under the Tuscan Sun.

Date & Time: Sunday, May 31 | 3:00 PM – 6:00 PM


News

Pentagon City TSA Site Proposal — “Two apartment towers would go on the site’s western half, along South Hayes Street. The site’s southeastern corner, at the intersection of 12th Street South and South Fern Street, would become home to either an office or another apartment tower. The site’s northeastern corner, along South Fern Street, would become home to either a condo tower or a hotel.” [Washington Business Journal]

Road Closures for County Fair — “The Arlington County Fair will take place from August 16 – 20, 2023, at Thomas Jefferson Community Center located at 3501 2nd Street S. The Arlington County Police Department will conduct the following road closure to accommodate the event: 2nd Street S., between S. Jackson Street and S. Irving Street, will be closed from 8:00 AM on August 16 until 11:00 PM on August 20.” [Arlington County]


Traffic

The westbound lanes of Columbia Pike are blocked near Arlington’s western border after a crash involving a U-Haul truck.

The crash happened around 5:20 p.m. near the intersection of the Pike and S. Jefferson Street. That’s about three blocks from a U-Haul rental location.


News

(Updated at 11 p.m.) A suspect in a truck crashed into multiple vehicles on I-66 and I-395, then led police on a wild chase in a stolen Arlington ambulance.

The incidents started shortly after 3:30 p.m., with reports of a stolen Freightliner truck striking vehicles on I-66 in the Rosslyn area and again on northbound I-395 just before the 14th Street Bridge. I-395 was blocked by the crashes and at least two people were hurt, including one with reported significant injuries.


News

A 44-year-old Arlington man died after he crashed into a light pole while riding a moped.

The crash happened around 9:45 p.m. Friday on the 1900 block of Clarendon Blvd, in the Courthouse area. The force of the crash caused the light pole to topple onto the sidewalk and reportedly left the moped rider in cardiac arrest, with significant facial injuries.


Announcement

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.