Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

How will the D.C. area housing market respond to the pandemic?

There are certainly a variety of opinions and theories emerging, but some key facts remain intact.

Whereas some cities are heavily reliant on specific industries (e.g. Las Vegas with hospitality), the D.C. area is anchored by jobs in a variety of industries. In addition to comparitively high salaries and low unemployment rates, this will help the D.C. area market in the long run.

According to the recent Resilient and Vulnerable Cities Report by Unison, D.C. is listed among the most resilient cities in the United States, in addition to Boston and New York, in terms of being poised to weather the COVID-19 storm.

Amid this broader optimism, it’s still important to weigh the individual factors that may influence or impact a transaction. When you’re ready to chat through your scenario(s), the time-tested team at Arlington Realty, Inc. is open ears.

And now on to this week’s Just Reduced figures.

As of July 6, there are 154 detached homes, 30 townhouses and 164 condos for sale throughout Arlington County. In total, 23 homes experienced a price reduction in the past week:

• 2255 N. Powhatan Street, 22205 — NOW: $1,775,000 (Reduced $75,000 on 6/29)

• 209 N. Fillmore Street, 22201 — NOW: $1,499,000 (Reduced $26,000 on 6/30)

• 2855 11th Street N., 22201 — NOW: $1,185,000 (Reduced $14,000 on 7/1)

• 3227 20th Road N., 22207 — NOW: $1,100,000 (Reduced $85,000 on 7/3)

• 6535 N. Washington Boulevard, 22205 — NOW: $1,020,000 (Reduced $10,000 on 7/3)

• 710 N. Buchanan Street, 22203 — NOW: $815,000 (Reduced $10,000 on 6/30)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

A happy b-day to America.

On Saturday, July 4, the good ole USA celebrates Independence Day.

Things will certainly feel a bit differently here in 2020. Sure, you won’t be flocking to a massive BBQ or hopping aboard a crowded Metro train to your go-to fireworks viewing point. But the party is still going on in some ways.

Among your options this year, the fireworks show at the National Mall is still a go (folks are encouraged to watch from home, if possible), the iconic ‘A Capitol Fourth” will be prerecorded for your viewing pleasure and there are a number of virtual experiences for folks to enjoy.

For the latest updates on Fourth of July happenings — whether in-person or virtual — the Destination DC website has a solid list going.

Here’s to a very happy and safe Fourth of July, friends! And now on to this week’s Just Reduced figures.

As of June 29, there are 156 detached homes, 27 townhouses and 151 condos for sale throughout Arlington County. In total, 18 homes experienced a price reduction in the past week:

• 3616 N. Upland Street, 22207 — NOW: $2,399,900 (Reduced: $50,000 on 6/22)
• 1610 23rd Street S., 22202 — NOW: $1,709,900 (Reduced: $35,700 on 6/23)
• 211 N. Jackson Street, 22201 — NOW: $1,415,000 (Reduced: $10,000 on 6/24)
• 5715 7th Street N., 22205 — NOW: $1,100,000 (Reduced: $50,000 on 6/26)
• 1300 S. Crystal Drive #PH14S, 22202 – NOW: $975,000 (Reduced: $25,000 on 6/26)
• 948 N. Lebanon Street, 22205 — NOW: $824,900 (Reduced: $20,000 on 6/23)
• 2100 N. Lee Highway #223, 22201 — NOW: $459,900 (Reduced: $15,100 on 6/24)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

Among this week’s quirky holidays (tomorrow is National Catfish Day, FYI), today is Swim a Lap Day.

During a given year, you could throw on your swimming trunks, lather on the sunscreen and hit the pool closest to you with few questions asked. Of course, this is 2020 and we are in the middle of a pandemic… so things are a little more complicated.

On June 12, pools in Northern Virginia generally opened under tight restrictions and limited capacities. Unfortunately, many county-run pools and water parks remain closed and some, Ocean Dunes Waterpark for example, have announced they won’t be opening this summer at all.

With a number of outdoor lovers in our office alone, we know how important a dip in the pool or lounge in a jacuzzi is for some folks.

Amid the current climate, if a pool/hot tub/jacuzzi or any unique feature is what you desire most, let’s find that perfect residence together. When you’re ready to dive into a real estate journey, the team at Arlington Realty Inc. is ready to roll.

In the meantime, on to this week’s Just Reduced figures:

As of June 22, there are 156 detached homes, 38 townhouses and 143 condos for sale throughout Arlington County. In total, 22 homes experienced a price reduction in the past week.

• 3717 27th Street N., 22207 — NOW: $2,995,000 (Reduced: $105,000 on 6/18)

• 2920 N. Underwood Street, 22213 — NOW: $1,739,900 (Reduced: $10,000 on 6/16)

• 6942 28th Street N., 22213 — NOW: $1,599,000 (Reduced: $24,750 on 6/16)

• 6535 N. Washington Boulevard, 22205 — NOW: $1,050,000 (Reduced: $25,000 on 6/18)

• 948 N. Lebanon Street, 22205 — NOW: $849,900 (Reduced: $25,000 on 6/16)

• 1111 19th Street N. #1509, 22209 — NOW: $729,000 (Reduced: $30,000 on 6/16)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

And just like that, spring 2020 is officially in the books.

This Saturday, June 20, marks the first day of summer. Hopefully amid the COVID-19 lockdown, you’ve been able to enjoy some of the springtime temps while they’ve lasted?

If not, it looks like we’re hovering in the 70s for a couple days here before hitting the 90s (eeeek!) this weekend.

Speaking of cranking it up, now is the time to optimize your AC system for the sweltering days ahead, if you haven’t already. In addition to an annual tune-up, make sure to change your air filter if it’s been a few months, check your door and window sealings to ensure AC isn’t seeping out and take a look at your lightbulbs to see if there are cooler/more sustainable options.

Stay cool out there, friends. And, if your summer journey calls for a real estate pit stop, the team at Arlington Realty, Inc. is here for you.

Now, on to this week’s Just Reduced figures.

As of June 15, there are 161 detached homes, 29 townhouses and 139 condos for sale throughout Arlington County. In total, 19 homes experienced a price reduction in the past week:

• 3207 N. Wakefield Street, 22207 — NOW: $1,899,900 (Reduced: $100,000 on 6/12)

• 5105 26th Road N., 22207 — NOW: $1,750,000 (Reduced: $49,000 on 6/12)

• 212 N. Highland Street, 22201 — NOW: $1,450,000 (Reduced: $50,000 on 6/13)

• 211 N. Jackson Street, 22201 — NOW: $1,425,000 (Reduced: $25,000 on 6/13)

• 3305 22nd Street N., 22201 — NOW: $1,399,789 (Reduced: $100,196 on 6/11)

• 2401 N. Vernon Street, 22207 — NOW: $899,000 (Reduced: $26,000 on 6/12)

• 1821 N. Rhodes Street #4-263, 22201 — NOW: $396,000 (Reduced: $3,900 on 6/9)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

With national economic headlines starting to edge positive, the real estate market in Arlington County remains hot.

According to newly released April data from Bright MLS, the median sale price of homes in Arlington County increased by 5% from April 2019 to April 2020. Inventory throughout the county remains tight, with a 12% decrease year-over-year.

The list versus sale price average hovered at 100.5% and the average days-on-market is 12. The bottom line: Inventory remains tight, homes are moving quickly and pricing is strong/competitive.

The broader Washington, D.C. region has historically been anchored by high salaries, low unemployment rates and a strong infrastructure, all of which continue to positively contribute to our real estate market here.

During these certainly interesting times, when you’re ready to navigate the waters, the time-tested team at Arlington Realty, Inc. is ready to roll on your behalf.

Now, on to this week’s Just Reduced figures.

As of June 8, there are 158 detached homes, 26 townhouses and 119 condos for sale throughout Arlington County. In total, 19 homes experienced a price reduction in the past week:

• 2511 16th Street N., 22201 — NOW: $2,295,000 (Reduced: $40,000 on 6/3)

• 3806 N. Dittmar Road, 22207 — NOW: $1,778,300 (Reduced: $51,700 on 6/2)

• 2355 N. Lincoln Street, 22207 — NOW: $1,620,000 (Reduced: $25,000 on 6/2)

• 30 N. Garfield Street, 22201 — NOW: $1,399,900 (Reduced: $49,100 on 6/6)

• 2855 11th Street N., 22201 — NOW: $1,199,000 (Reduced: $26,000 on 6/3)

• 2710 N. Wyoming Street, 22213 — NOW: $974,000 (Reduced: $11,000 on 6/4)

• 1050 N. Taylor Street #1-603, 22201 — NOW: $415,000 (Reduced: $10,000 on 6/6)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

Hello, June!

At times, particularly in the heart of our strictest of statewide and communal quarantines, the days sure did slug along.

But, alas, here we are in June already.

June is home to quite a few big and, in some instances, quirky happenings. It’s National Adopt a Cat Month. It’s Gay Pride Month. Father’s Day is on June 21 (which is also National Selfie Day, so take a selfie with Dad). And, prepare to cry, because June 27 is National Onion Day.

There’s a lot going on here in June. But, don’t worry, if you’re wanting to add a real estate transaction to the mix, we can certainly make that happen. Amid these uncertain times, the time-tested and proven team at Arlington Realty, Inc. is ready to help bring some certainty to your unique scenario.

Until then, here is the latest scoop on Just Reduced properties in Arlington County:

As of June 1, there are 158 detached homes, 30 townhouses and 102 condos for sale throughout Arlington County. In total, 18 homes experienced a price reduction in the past week:

• 224 N. Nelson Street, 22201 — NOW: $1,800,000 (Reduced: $75,000 on 5/31)

• 6506 36th Street N., 22213 — NOW: $1,679,224 (Reduced: $15,776 on 5/26)

• 3425 N. Randolph Street, 22207 — NOW: $1,398,900 (Reduced: $86,100 on 5/26)

• 1607 11th Street S., 22204 — NOW: $1,100,000 (Reduced: $50,000 on 5/28)

• 5517 N. Fairfax Drive, 22205 — NOW: $965,000 (Reduced: $30,000 on 5/28)

• 2204 N. Tuckahoe Street, 22205 — NOW: $798,500 (Reduced: $16,500 on 5/27)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

What’s going to happen to the real estate world after the 2020 COVID-19 crisis? We all wish we had that magical crystal ball.

But, according to a recent Forbes report that assesses the global landscape, we’re poised to see short-term declines followed by a “strong housing market recovery.”

The piece sites an extensive research study from the Federal Reserve Bank of Chicago and the University of Granada, with the late 90s and 2007 stock market declines as examples. Immediately following these corrections, interest rates remained low and various forms of stimulus and government support were rolled out.

We’re experiencing much of that same climate here in 2020.

A global assessment aside, it’s always important to understand the local factors and truly examine any unique purchase or selling scenario. When you’re ready to dive in, the team at Arlington Realty, Inc. is ready to help you navigate these wild times.

Until then, here are this week’s Just Reduced figures.

As of May 25, there are 162 detached homes, 30 townhouses and 109 condos for sale throughout Arlington County. In total, 24 homes experienced a price reduction in the past week:

• 4101 N. Richmond Street, 22207 — NOW: $2,399,000 (Reduced $100,000 on 5/20)

• 2608 3rd Street N., 22201 — NOW: $1,900,000 (Reduced $75,000 on 5/21)

• 4110 40th Place N., 22207 — NOW: $1,500,000 (Reduced $375,000 on 5/22)

• 2912 S. Grant Street, 22202 — NOW: $1,399,900 (Reduced $100,000 on 5/22)

• 1017 N. Danville Street, 22201 — NOW: $1,150,000 (Reduced $49,000 on 5/19)

• 3827 N. Military Road, 22207 — NOW: $967,000 (Reduced $28,000 on 5/19)

• 888 N. Quincy Street #607, 22203 — NOW: $469,900 (Reduced $15,1000 on 5/23)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

We’re coming up on one of the most important days of the year: Memorial Day.

In case the online sales ads or the (likely) day off of work hasn’t caught your attention just yet, it is this Monday, May 25. Memorial Day is and should be about much more than just a day off. It’s a day to remember and thank the selfless souls that gave their lives fighting for our country.

To our military heroes that are no longer with us and their families, our endless gratitude and hearts go out to you today… and every day for that matter.

We live in a military region and, among the clients we’ve served throughout the decades, it’s been nothing but a pleasure assisting our military families. If and when we can help, we’re here for you, just as you have been here for us.

From the team at Arlington Realty, Inc., we hope everyone enjoys their Memorial Day holiday.

As of May 18, there are 157 detached homes, 34 townhouses and 104 condos for sale throughout Arlington County. In total, 20 homes experienced a price reduction in the past week:

• 1881 N. Nash Street #2301, 22209 — NOW: $3,995,000 (Reduced $400,000 on 5/14)
• 2330 N. Vermont Street, 22207 — NOW: $1,995,000 (Reduced $105,000 on 5/14)
• 1837 N. Hartford Street, 22201 — NOW: $1,400,000 (Reduced $49,000 on 5/14)
• 4011 N. Nelly Custis Drive, 22207 — NOW: $998,000 (Reduced $47,000 on 5/12)
• 5608 1st Street S., 22204 — NOW: $730,000 (Reduced $19,999 on 5/13)
• 1107 S. Walter Reed Drive #304, 22204 — NOW: $684,900 (Reduced $5,000 on 5/14)
• 1200 S. Crystal Drive #514, 22202 — NOW: $470,000 (Reduced $5,000 on 5/14)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

How will the COVID-19 pandemic permanently affect the real estate realm? The dust is certainly still settling, and a variety of folks are certainly weighing in.

According to Javier Vivas, Director of Economic Research with Realtor.com, he says that on a national level that “the near-term impact to real estate activity (next 3 to 6 months) comes as open houses on new and existing homes are being halted, shifted to virtual channels, or drastically reduced and set on an appointment-basis only.”

He adds, in terms of the mid-term impact (next 6 to 18 months), “there will be lower buyer and seller sentiment, sustained disruptions to new and existing supply and sales funnel, and further declines in affordability from job and income loss affecting consumers.”

Amid the shifting tide, there will certainly be opportunities. Different communities will certainly be experiencing different things, throughout our county, state and country.

During this time, it has never been more important to have a trusted local expert by your side to help assess your unique scenario. What we experience here in Arlington County may not apply to what’s happening even just miles away.

When you’re ready to dive in to an existing or prospective real estate move, the team at Arlington Realty Inc. is ready to advocate for you. In the meantime, here are the latest Just Reduced facts and stats.

As of May 11, there are 141 detached homes, 33 townhouses and 100 condos for sale throughout Arlington County. In total, 10 homes experienced a price reduction in the past week:

• 3616 N. Upland Street, 22207 — NOW: $2,449,900 (Reduced: $49,100 on 5/5)

• 4731 34th Street N., 22207 — NOW: $2,199,000 (Reduced: $100,000 on 5/7)

• 4941 N. Little Falls Road, 22207 — NOW: $1,599,000 (Reduced: $100,000 on 5/7)

• 1727 S. Army Navy Drive, 22202 — NOW: $1,285,000 (Reduced: $63,000 on 5/8)

• 2746 S. Fort Scott Drive, 22202 — NOW: $1,199,000 (Reduced: $26,000 on 5/11)

• 2127 S. Oakland Street, 22204 — NOW: $699,900 (Reduced: $20,100 on 5/8)

• 3536 S. Stafford Street #A2, 22206 — NOW: $488,000 (Reduced: $1,000 on 5/5)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

On the real estate front, what are we in for in the months ahead?

Well, like many industries in our area and beyond, so much is contingent on a number of factors, including a trusted COVID-19 treatment, vaccine, existing and forthcoming regulations (spanning local, state and federal) and so much more.

Based on just how booming our local market was prior to COVID-19 — fueled in large part by incredibly low unemployment rates, the pending arrival of Amazon’s HQ2 and more — there is surely to be a comparative lull of some sorts in the times ahead. And, we’re starting to see a bit of that now, in the form of a rising influx of Just Reduced homes.

Regardless of where you may find yourself in today’s turbulent times, it has never been more important to have a trusted expert advocating on your behalf. Just as before the pandemic struck, every single buyer/seller/renter/landlord’s scenario is different, and your unique scenario must be carefully examined.

When you’re ready to embark on your real estate journey, the team at Arlington Realty, Inc. has your back. Until then, here are this week’s figures.

As of May 4, there are 146 detached homes, 29 townhouses and 102 condos for sale throughout Arlington County. In total, 12 homes experienced a price reduction in the past week:

• 2511 16th Street N., 22201 — NOW: $2,335,000 (Reduced: $55,000 on 4/30)

• 3207 N. Wakefield Street, 22207 — NOW: $1,999,900 (Reduced: $100,000 on 5/2)

• 2366 N. Oakland Street, 22207 — NOW: $1,399,000 (Reduced: $26,000 on 5/1)

• 39 N. Oakland Street, 22203 — NOW: $899,000 (Reduced: $50,000 on 5/1)

• 3409 N. Wilson Boulevard #304, 22201 — NOW: $699,900 (Reduced: $10,100 on 5/1)

• 3018 S. Buchanan Street, 22206 — NOW: $509,900 (Reduced: $10,000 on 4/29)

• 900 N. Taylor Street #1205, 22203 — NOW: $365,000 (Reduced $20,000 on 4/29)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

We love a quirky holiday around these parts. And, mark your calendars, because Monday, May 4 is Greenery Day.

Officially established in Japan as Greenery Day in 1989, the annual observance encourages folks to be one with nature and to be thankful for their blessings. As we find ourselves in the heart of a global pandemic, it can be hard to find the time and energy to be thankful, particularly as life throws many of us unexpected curveballs.

But, amid the madness, we really do have so much to be thankful for here in Arlington County. On the greenery front, our parks, trails, bike paths and so much more are among the top in the state, if not the nation. And soon, hopefully we can return to enjoying them all at full speed.

Until then, the team at Arlington Realty, Inc. is wishing you health and happiness.

And now on to this week’s Just Reduced report.

As of April 27, there are 136 detached homes, 32 townhouses and 96 condos for sale throughout Arlington County. In total, 14 homes experienced a price reduction in the past week:

• 1015 21st Street S., 22202 — NOW: $1,647,250 (Reduced: $51,750 on 4/22)

• 886 N. Kentucky Avenue, 22205 — NOW: $1,049,000 (Reduced: $40,000 on 4/22)

• 2500 N. Upshur Street, 22207 — NOW: $949,000 (Reduced: $17,000 on 4/22)

• 3704 N. Arlington Boulevard, 22204 — NOW: $744,000 (Reduced: $5,000 on 4/24)

• 1101 S. Arlington Ridge Road #311, 22202 — NOW: $684,900 (Reduced: $5,100 on 4/23)

• 1200 S. Crystal Drive #514, 22202 — NOW: $475,000 (Reduced: $24,900 on 4/21)

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.