Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Hello Arlingtonians, and welcome to this week’s edition of JUST LISTED!
At the risk of sounding like a broken record, mortgage rates are surging and inventory is plummeting. This puts us in an interesting position heading into the fall which is typically a busy time for real estate transactions in the region and especially in Arlington.
Rates just hit their highest level in two months, reaching 5.55% for a 30-year fixed rate mortgage!
Inventory had built up quite a bit, and in fact, it has plummeted by 20% in just the last six weeks! Our housing market looks well positioned heading into the fall and should be able to withstand any economic swings that may arise.
We’re hearing questions about price stability here in Arlington and the region more broadly. Specifically, are prices going down? The short answer — no, prices are steady. We simply do not have a buildup of inventory to result in a shift in the supply and demand equation, and I do not expect that to change anytime soon. The reason prices would decline is the opposite of why the rise, a dramatic decline in demand, but there are just too many things happening in Arlington that continue to make this one of the most in-demand regions in the country.
This week in Arlington, sellers listed 36 homes for sale, while buyers ratified 51 contracts, 14 of which were on homes just listed in the last seven days.
Of the 366 homes currently available for sale (24 less than last week), 119 are detached homes, 53 are semi-detached/town houses and 194 are condos.
Demand for condos has continued to be very strong as purchasing power declined this year. Condos tend to be the most affordable type of housing in Arlington, so with mortgage payments rising based on higher interest rates, it was very predictable that the condo market would recover this year, and it has! You might recall that in 2020 and into 2021, many people were leaving condos for more space as well as able to afford more home, so townhomes and detached homes soared while condos sat…
Of those currently available properties, the average asking price is $916,103, and the median is $694,950. These properties have been sitting on the market for 61 days on average, while the median is 42.
This week last year, there were 511 properties available for sale, sellers listed 50 homes and buyers ratified 44 contracts. Mortgage rates were 2.87%!
PICK OF THE WEEK — 2700 S. Grant Street, Arlington, VA 22202 — $1,099,000
Welcome home to this beautiful brick colonial perched on a quiet street in Aurora Hills. Featuring four bedrooms, two full and one half bathroom and loads of updates throughout, including bathrooms and the kitchen. A foyer entry leads to a large living room that opens to the dining room and open concept kitchen with bar seating. A sun porch on the side of the home leads to the surprisingly private, serene and terraced backyard with a screened gazebo! Radiant heat throughout the home, loads of storage, a basement rec room and large storage/ utility area, and driveway parking — this one is not going to last.
Find myself, and my team here this weekend — Saturday and Sunday public open houses from 1-4 p.m.
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out!
- 1200 S. Arlington Ridge Road #407, Arlington, VA 22202 — $349,900
- 1300 Army Navy Drive #517, Arlington, VA 22202 — $490,000
- 1200 N. Nash Street #241, Arlington, VA 22209 — $650,000
- 1727 S. Fillmore Street, Arlington, VA 22204 — $849,900
- 1300 Crystal Drive #PH12S, Arlington, VA 22202 — $875,000
- 1608 N. Utah Street, Arlington, VA 22207 — $900,000
- 2700 S. Grant Street, Arlington, VA 22202 — $1,099,000
- 5201 S. 12th Street, Arlington, VA 22204 — $1,499,900
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Good morning Arlingtonians, and welcome to this week’s edition of JUST LISTED!
Inventory in Arlington is falling, and it’s falling fast. With buyers outpacing sellers on number of homes ratified vs. number of new homes listed for sale, we’ve got the lowest inventory of currently available homes in the past three months.
Interest rates took a bit of a breather, falling just nine basis points to an average of 5.13% for a standard 30-year fixed rate mortgage.
This week in Arlington, sellers listed 42 homes for sale, while buyers ratified 53 contracts, 13 of which were on homes just listed in the last seven days.
Of the 390 homes currently available for sale (27 less than last week), 125 are detached homes, 53 are semi-detached/town houses, and 212 are condos.
Of those currently available properties, the average asking price is $887,433 and the median is $667,000. These properties have been sitting on the market for 58 days on average, while the median is 37.
This week last year, there were 506 properties available for sale, sellers listed 53 homes and buyers ratified 59 contracts. Mortgage rates were 2.86%!
PICK OF THE WEEK — 900 18th Street S., Arlington, VA 22202 — $1,375,000
Built in 2000, this Arlington Colonial boasts a surprising amount of living space across four finished levels, over 4,100sf! Center hall entryway leads to a large open concept main level with gorgeous flooring, large, eat-in kitchen with granite counters and an island seating area, formal living, office space, a large family room and a convenient powder room. Dual, large owner’s suites upstairs, as well as three additional bedrooms and two hall bathrooms, plus a flexible space for home school, workouts, games and more!
Lower level with separate entry could serve as an in-law suite and features a kitchenette. Two car garage, rear patio, loads of natural light throughout the whole home and plenty of updates including multiple brand-new bathrooms, this home is move-in ready!
Find myself, and my team here this weekend — Saturday and Sunday (August 20-21) public open houses from 1-4 p.m.
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out!
- 2808-A 16th Road S., Arlington, VA 22204 — $379,900
- 1001 N. Randolph Street #1003, Arlington, VA 22201 — $399,900
- 3415 S. Wakefield Street #1209, Arlington, VA 22206 — $674,900
- 2810 N. Harrison Street, Arlington, VA 22207 — $900,000
- 3001 S. Hill Street, Arlington, VA 22202 — $925,000
- 862 N. Arlington Mill Drive, Arlington, VA 22205 — $950,000
- 3109 Military Road, Arlington, VA 22207 — $1,293,250
- 900 18th Street Street, Arlington, VA 22202 — $1,375,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Hey there Arlingtonians, and welcome to this week’s edition of JUST LISTED!
Activity continues to remain slow this second week of August, and mortgage interest rates significantly jumping week over week is not the news sellers are looking for!
It also appears that things may remain a bit slow for at least the next few days — there are only 20 coming soon listings throughout the county at the moment. We had as many as 50 earlier in the spring, so expect volume to be low for the foreseeable future.
Last week, rates dipped below 5% for the first time since April, but since then they have shot up to an average of 5.22%, a big move for a single week.
This week in Arlington, sellers listed 45 homes for sale, six less than last week, while buyers ratified 49 contracts, 10 of which were on homes just listed in the last seven days.
Of the 417 homes currently available for sale (eight less than last week), 135 are detached homes, 60 are semi-detached/town houses, and 222 are condos.
Of those currently available properties, the average asking price is $883,176, and the median is $665,000. These properties have been sitting on the market for 54 days on average, while the median is 35.
This week last year, there were 513 properties available for sale, sellers listed 68 homes and buyers ratified 55 contracts. Mortgage rates were 2.87%!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out!
- 2842 S. Columbus Street, Arlington, VA 22206 — $520,000
- 4707 31st Street S., Arlington, VA 22206 — $599,900
- 1411 Key Boulevard #308, Arlington, VA 22209 — $649,900
- 2015 N. Lexington Street, Arlington, VA 22205 — $824,900
- 2005 N. Buchanan Court, Arlington, VA 22207 — $875,000
- 2631 S. Ives Street, Arlington, VA 22202 — $1,095,000
- 2510 S. Fern Street, Arlington, VA 22202 — $1,399,000
- 5306 36th Street N., Arlington, VA 22207 — $2,199,999
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Good morning Arlington — it’s hot these days but at least there is a tiny bit of relief when this column comes out, at 5:30 a.m. in the morning!
The August slump is here, and I sense a huge opportunity for buyers, as well as strategic positioning for sellers.
Transactional volume slows way down this time of year — so many people are at the beach squeezing in one last vacation before settling back into the routine of the school year, and even housing takes a breather.
While there are fewer new homes being listed for sale, there are also fewer homes being taken under contract by purchasers. Couple this with mortgage rates that have just dipped below 5% for the first time since mid-April and a decrease in overall levels of competition, and purchasers may find it easier to snag the home of their choice.
Sellers are likely waiting until September to list their home, as this strategy seems to work year over year. Though kids now go back a week before Labor Day, as opposed to always just after, the mentality and objective match up — purchasers get back on track and start shopping again in September and this shows up in an uptick in showing activity, mortgage pre-approval letters, open house visitors and ratified contracts.
This week in Arlington, sellers listed 51 homes for sale while buyers ratified 50 contracts, 12 of which were on homes just listed in the last seven days. This near equilibrium for the week is not something we experience very often in Arlington — for the majority of the year sellers have way outpaced buyers — a flip from last year where buyers frequently ratified more offers.
Of the 425 homes currently available for sale, 136 are detached homes, 59 are semi-detached/town houses and 230 are condos.
Of those currently available properties, the average asking price is $890,497 and the median is $660,000. These properties have been sitting on the market for 52 days on average, while the median is 33.
Quick note — there was a time back in January and February where the median was 12 days, so while 33 doesn’t seem like much, this is a substantially different market and the dynamics continue to change rapidly, and from week to week.
This week last year, there were 497 properties available for sale, sellers listed 63 homes and buyers ratified 67 contracts. Mortgage rates were 2.77%!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out!
- 2109 N. Scott Street #51, Arlington, VA 22209 — $345,000
- 3056 S. Abingdon Street, Arlington, VA 22206 — $525,000
- 4646 36th Street S. #A., Arlington, VA 22206 — $625,000
- 925 22nd Street S., Arlington, VA 22202 — $925,000
- 1411 Key Boulevard #409, Arlington, VA 22209 — $1,100,000
- 3109 N. Nottingham Street, Arlington, VA 22207 — $2,295,000
- 3401 N. Peary Street, Arlington, VA 22207 — 3,299,500
- 4605 26th Street N., Arlington, VA 22207 — $3,595,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Welcome to Just Listed!
Interest rates inch up three basis points, from 5.51% to 5.54%. We’re expecting another .75% rate hike from the Fed soon. I won’t get too in depth, but remember that doesn’t directly correlate to mortgage rates, but everything is related. These continued rate hikes are putting downward pressure on growth, and mortgage rates are likely to continue to rise.
At the time of publication, in Arlington there are 459 residential properties available across all property types, eight more than last week. Of those 459, 141 are detached properties, 66 are town homes/semi-detached properties and the remaining 252 are condominiums.
This past week, sellers listed 75 homes for sale, a decrease of 19, while buyers ratified 55 contracts. 19 of the ratified contracts were on homes just listed within the past seven days.
Average asking price of currently available homes is $865,183 and the median is $685,000. Currently available homes have been on the market for an average of 47 days and a median of 32 days.
This week last year, rates were sitting at 2.78%, sellers has listed 97 homes for sale and buyers ratified 82 contracts. There was a total of 545 properties for sale!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out!
- 1401 S. Barton Street #246, Arlington, VA 22204 — $475,000
- 1411 Key Boulevard #207, Arlington, VA 22209 — $649,000
- 1700 Clarendon Boulevard #146, Arlington, VA 22209 — $799,000
- 5424 21st Street N., Arlington, VA 22205 — $800,000
- 1881 N. Nash Street #1508, Arlington, VA 22209 — $925,000
- 809 21st Street S., Arlington, VA 22202 — $990,000
- 3917 N. Upland Street, Arlington, VA 22207 — $1,149,000
- 2801 S. Joyce Street, Arlington, VA 22202 — $1,249,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Good morning Arlingtonians!
The inventory run-up continues, with another very strong week of new listings in the books.
After two weeks of declines in the interest rates, half of those have been given up as the average 30-year fixed rate mortgage went from 5.3% to 5.51%. Buyers really did take note last week and it showed up in an increase in the number of ratified contracts.
As of right now, in Arlington, there are 451 residential properties available across all property types, 19 more than last week. Of those 451, 145 are detached properties, 68 are town homes/semi-detached properties, and the remaining 238 are condominiums.
This past week, sellers listed 94 homes for sale, an increase of 32, while buyers ratified 50 contracts. 24 of the ratified contracts were on homes just listed within the past seven days.
Average asking price of currently available homes is $883,895 and the median is $685,000. Currently available homes have been on the market for an average of 45 days and a median of 30 days.
This week last year, rates were sitting at 2.88%, sellers has listed 100 homes for sale and buyers ratified 68 contracts. There was a total of 550 properties for sale!
Pick Of The Week — The Andors Real Estate Group is proud to have JUST LISTED 2013 S. Lynn Street, Arlington, VA 22202 — $1,395,000.
Welcome home to this stunning Arlington Colonial tucked into one of the quietest parts of Addison Heights with views from Arlington Ridge down to Amazon HQ2 and the Crystal City skyline. Beautifully maintained, including a home magazine worthy owners suite spa-like bathroom, this four bedroom, three full and one half bathroom home boasts nearly 3,400sf of finished living space. Private rear decks and a tranquil backyard, one-car attached garage, soaring ceilings and gorgeous hardwood floors, this home does not disappoint!
Find me here THIS SATURDAY from 1-4 p.m. for a public open house to see this gorgeous home and take in the views!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
- 2016 N. Adams Street #812, Arlington, VA 22201 — $324,990
- 1276 N. Wayne Street #1221, Arlington, VA 22201 — $650,000
- 5808 3rd Street S., Arlington, VA 22204 — $795,000
- 1805 Crystal Drive #509S, Arlington, VA 22202 — $799,900
- 1823 16th Street N., Arlington, VA 22209 — $1,329,000
- 2013 S. Lynn Street, Arlington, VA 22202 — $1,395,000
- 4822 Yorktown Boulevard, Arlington, VA 22207 — $1,695,000
- 1126 17th Street S., Arlington, VA 22202 — $2,399,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Hey there Arlington, and a delayed Happy Fourth of July!
Big news! Interest rates have fallen for a second week in a row, down from a peak of 5.81% (the highest since late 2008) and are now sitting at 5.30% over the past week. This is going to be a serious, and possibly temporary reprieve for purchasers.
Inventory continues to build in Arlington and the surrounding metropolitan area, while demand tapers. In Arlington, there are 432 residential properties available across all property types. Of those 432, 150 are detached properties, 58 are town homes/semi-detached properties and the remaining 224 are condominiums.
Take note — the condo market is actually a bit hotter than the detached/semi-detached market at the moment — this is directly attributable to interest rates making lower priced properties more attainable and appealing to those who don’t need the larger homes. We’ve seen condo inventory contract for the past month, despite plenty of new inventory coming online.
This past week, sellers listed 62 homes for sale, while buyers ratified just 35 contracts. Only seven of the ratified contracts were on homes just listed within the past seven days.
Average asking price of currently available homes is $904,661 and the median is $707,400. Currently available homes have been on the market for an average of 44 days and a median of 29 days.
This week last year, rates were sitting at 2.88%, sellers has listed 88 homes for sale and buyers ratified 54 contracts. There was a total of 540 properties for sale!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might like to check out.
- 1725 Queens Lane #112, Arlington, VA 22201 — $415,000
- 46 N. Bedford Street #46B, Arlington, VA 22201 — $549,900
- 1018 S. Rolfe Street, Arlington, VA 22204 — $940,000
- 1411 Key Boulevard #403, Arlington, VA 22209 — $945,000
- 814 S. Oakland Street, Arlington, VA 22204 — $1,000,000
- 5713 11th Street N., Arlington, VA 22205 — $1,000,000
- 2911 22nd Street N., Arlington, VA 22201 — $1,100,000
- 1220 N. Danville Street, Arlington, VA 22201 — $1,325,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Hello Arlington, thanks for being a JUST LISTED weekly reader!
The inventory surge continues for a 12th straight week… and ratified contracts are down. While there’s still plenty of activity, some multiple offer scenarios, etc, the market is cooling, and fast.
Interest rates pretty much hovered, up just 3 basis points for an average of 5.81% over the past week.
Of the 415 currently available homes for sale (four more than last week), 139 are detached properties, 51 are town homes/semi-detached properties, and the remaining 225 are condominiums.
This past week, sellers listed 79 homes for sale, a decrease of four from the week prior, while buyers ratified 57 contracts, an increase of three. 22 of the ratified contracts were on homes just listed within the past seven days.
Average asking price of currently available homes is $922,736 and the median is $699,000. Currently available homes have been on the market for an average of 43 days and a median of 23 days.
This week last year, rates were sitting at 3.02%, sellers has listed 79 homes for sale and buyers ratified 65 contracts. There was a total of 537 properties for sale!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
- 2500 S. Walter Reed Drive #E, Arlington, VA 22206 — $699,900
- 1805 Crystal Drive #409S, Arlington, VA 22202 — $749,999
- 2918 S. Buchanan Street #B2, Arlington, VA 22206 — $430,000
- 2330 N. Jackson Street, Arlington, VA 22201 — $999,000
- 1881 N. Nash Street #907, Arlington, VA 22209 — $955,000
- 3110 N. Thomas Street, Arlington, VA 22207 — $1,795,000
- 24 S. Abingdon Street, Arlington, VA 22204 — $840,000
- 1221 N. George Mason Drive, Arlington, VA 22205 — $1,199,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Good morning Arlingtonians, and welcome to JUST LISTED!
Interest rates just ROCKETED upward by over .50% to their highest point since 2008 — currently sitting at an average of 5.78%. This increase is the largest single week jump, per Freddie Mac, since they started tracking this in 1987. It’s hard for me to stress just how significant this is going to be, and it really will impact our market going forward. House affordability is dropping like a rock, and this is going to rapidly decrease buyer sentiment in the marketplace. What’s more, interest rates will keep rising as the Fed works to fight their inflationary environment.
We’re now on an 11-week run for inventory increasing, and I don’t see that stopping anytime soon. With 411 properties to choose from throughout the county, inventory has increased over 58% in the past 16 weeks! Of the 411 currently available homes for sale, 132 are detached properties, 48 are town homes/semi-detached properties, and the remaining 231 are condominiums.
This past week, sellers listed 83 homes for sale, and decrease of 20 from the week prior, while buyers ratified 66 contracts, an increase of three. 19 of the ratified contracts were on homes just listed within the past seven days.
Average asking price of currently available homes is $926,201 and the median is $652,000. Currently available homes have been on the market for an average of 41 days and a median of 24 days.
This week last year, rates were sitting at 2.93%, sellers has listed 97 homes for sale and buyers ratified 94 contracts. There was a total of 533 properties for sale!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
- 205 N. Trenton Street, Arlington, VA 22203 — $235,000
- 4500 28th Road S. #D, Arlington, VA 22206 — $425,000
- 4108 21st Road N., Arlington, VA 22207 — $850,000
- 1805 28th Street S., Arlington, VA 22202 — $925,000
- 2216 N. Lincoln Street, Arlington, VA 22207 — $1,169,900
- 3215 19th Road N., Arlington, VA 22201 — $1,295,000
- 5523 22nd Street N., Arlington, VA 22205 — $1,350,000
- 5908 35th Street N., Arlington, VA 22207 — $2,250,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Hello Arlington, and welcome to this week’s JUST LISTED column!
For 10 weeks in a row, inventory has been on the rise, giving buyers more to choose from and causing sellers to stress out as the market continues to change. Additionally, after three weeks of mortgage rate declines, the 30-year fixed rate mortgage average increased 1/8 of a point, to an average of 5.23% over the past week.
As we approach 400 properties available throughout the county, it’s worth mentioning that inventory has risen 40% in the past 15 weeks, and yet we’re still way short of where we were this time last year.
There are 396 properties available for sale in Arlington as of today, an increase of 22 properties. 132 of these are detached homes, 43 are semi-detached/town homes, and the remaining 221 are condominiums.
This past week, sellers listed 103 homes for sale, an increase of 29 more from the week prior, while buyers ratified 63 contracts, an increase of 11. 31 of the ratified contracts were on homes just listed within the past seven days! Average asking price of currently available homes is $936,049 and the median is $675,000. Currently available homes have been on the market for an average of 43 days and a median of 22 days.
COMPARISON — there is a tremendous difference between properties FOR SALE and properties UNDER CONTRACT when it comes to what their statistics look like! Currently UNDER CONTRACT homes took a median of seven days and an average of 30 days to go UNDER CONTRACT. The median tells the story, and those that go under contract do so in 1/3 of the time!
This week last year, rates were sitting at 2.96%, sellers has listed 125 homes for sale and buyers ratified 107 contracts. There was a total of 544 properties for sale!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
- 1425 N. Nash Street #12 NG-3, Arlington, VA 22209 — $345,000
- 1211 S. Eads Street #811, Arlington, VA 22202 — $400,000
- 4118 36th Street S. #A1, Arlington, VA 22206 — $524,900
- 3409 Wilson Boulevard #511, Arlington, VA 22201 — $729,900
- 4026 7th Street S., Arlington, VA 22204 — $865,000
- 6219 22nd Road N., Arlington, VA 22205 — $1,095,000
- 5031 33rd Street N., Arlington, VA 22207 — $1,220,000
- 2415 N. Woodrow Street, Arlington, VA 22207 — $1,795,000
Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Good morning Arlingtonians, welcome to Just Listed and as always, thanks for reading!
Inventory has continued to rise, we’re now on a nine-week run, up about 33% in that timeframe!
Mortgage rates technically declined, sitting at 5.09% for a 30-year fixed rate mortgage. Three weeks in a row of declines continues to bring a bit of reprieve for buyers, but these rates have simultaneously pushed many out of the market. I spoke with a couple lenders yesterday who told me they are able to quote well qualified purchasers just under the 5% mark as of the past few days.
Arlington is up to 374 pieces of currently available inventory throughout the county; this includes all property types that are fully available for sale, up from 360 last week. 121 of those are detached homes, 42 are semi-detached/town homes, and the remaining 211 are condominiums.
This past week, sellers listed 74 homes for sale while buyers ratified 52 contracts, 16 of which were on homes just listed within the past seven days.
Average asking price of currently available homes is $922,578 and the median is $650,999. Currently available homes have been on the market for an average of 43 days and a median of 22 days.
PICK OF THE WEEK — 836 31st Street S., Arlington, VA 22202 — $875,000
Welcome home to this private three-bedroom, two-bathroom home situated on a private 6,011sf lot! You’ll love the quartz countertops in the kitchen, recently renovated bathrooms, and an easy, open floor plan. Driveway parking for up to four cars, a private backyard with two large decks and plenty of room for growing veggies! Freshly refinished hardwood floors on the main level, lower level has brand new carpeting, freshly painted throughout and entirely move-in ready.
Find me here this Saturday from 1-4 p.m. for a public open house.
This week last year, rates were sitting at 2.99%, sellers has listed 110 homes for sale and buyers ratified 66 contracts. There was a total of 543 properties for sale!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
- 1205 N. Garfield Street #501, Arlington, VA 22201 — $510,000
- 4843 28th Street S. #B, Arlington, VA 22206 — $528,900
- 4113 33rd Street S., Arlington, VA 22206 — $599,900
- 836 31st Street S., Arlington, VA 22202 — $875,000
- 6117 22nd Street S., Arlington, VA 22205 — $1,295,000
- 1308 21st Street S., Arlington, VA 22202 — $1,395,000
- 4019 N. Chesterbrook Road, Arlington, VA 22207 — $1,450,000
- 3163 17th Street N., Arlington, VA 22201 — $1,890,000
