real estate

Just Listed in Arlington: October 11, 2024

By Sponsor

Just Listed highlights Arlington properties that just came on the market. This biweekly feature is written and sponsored by Coral Gundlach Homes.

Hello Arlington!

Coral Gundlach here with Coral Gundlach Homes in Arlington. I’ve been an Arlington homeowner since 2001 and a Realtor since 2004. I love this real estate market, even though it has its challenges.

Fall continues to give us a more balanced market in Arlington. Houses are selling relatively fast, but buyers are getting some contingencies, and the bidding wars are less frequent and less intense. Sellers still have a slight advantage, but now is honestly a bit of a sweet spot for buyers. More inventory, slower pace, lower rates.

We will add some highest prices into the mix this week! Super exciting.

Here are the numbers as of the time of writing: Friday, October 11, 11 am.

  • All active listings in Arlington: 311 (up from 308 two weeks ago)
  • New Listings in the past week: 68 (up from 54 two weeks ago)
  • Under Contract/Pending in last week: 38 (down from 48)
  • Median Days on Market for Active Under Contract: 9 (down from 18 two weeks ago)
  • Median Days on Market for Pending: 6 (down from 9 two weeks ago)
  • All active detached listings: 112 (up from 107 two weeks ago)
  • New active detached listings: 25 (up from 16 two weeks ago)
  • All active townhouses, fee simple: 30 (up from 27 two weeks ago)
  • New active townhouses, fee simple: 12 (up from 7 two weeks ago)
  • All active condos/co-ops: 166 (up from 173 two weeks ago)
  • New active condos/co-ops: 31 (up from 30 two weeks ago)

Twenty-nine total properties closed in the last week, down from 31 two weeks ago. The median CDOM was 9, up from 6 two weeks ago, and the median original list price to sales price ratio was 100% and the average current list price to sales price ratio was also 100%, same as two weeks ago.

The highest priced new detached listing this week is $3,095,000 — a single family new construction home in Lyon Village. It has 6 beds, 5.5 baths and almost 5,500 square feet with a one-car garage.

The highest priced new townhome listing this week is $1,425,000 — a 2003 built townhouse in Bromptons at Courthouse, with 3 beds, 2.5 baths and slightly over 2,500 square feet.

The highest priced new condo listing this week is in Turnberry Tower in Rosslyn. Built in 2009, this is a 2 bed, 2 bath, 1,754 square foot unit on the 15th floor.

Contact Coral Gundlach Homes today at (703) 200-3631 or email [email protected] to talk more about buying or selling Arlington real estate.

This week’s Just Listed feature:

2116 N. Brandywine Street, Arlington VA, 22207 — $720,000

2116 N Brandywine Street

Today’s featured listing is a charming and expanded townhouse in popular Glebewood Village. It is one of those rare townhomes with no HOA fees! This is a unique unit with a large sunroom addition with soaring ceilings off the back. It is listed by April Myers of RLAH @properties and will be open Saturday and Sunday at 2-4 p.m.

Want to see more Just Listed properties? Interested in an Open House this weekend? We’re happy to show them to you privately! Contact Coral Gundlach Homes today.

Please note: While Coral Gundlach Homes provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

Around Town

Open houses this weekend: Custom new construction in Ashton Heights

By ARLnow.com
3220 5th Street N.

Arlington’s real estate market reflects the broader community — it’s diverse, dynamic, and never boring.

This weekend’s local open houses offer a snapshot of Arlington’s wide variety real estate offerings, from affordable condos to multi-million dollar homes. One highlight: a custom $3 million house with a wine room and screened porch with heaters.

Go to Open houses this weekend: Custom new construction in Ashton Heights Read more

Just Sold Condos in Arlington: October 10, 2024

By Sponsor

Each week, “Just Sold Condos” spotlights condos in Arlington that have sold over the previous week. The market summary is crafted by Rick Bosl, the Arlington Condo Expert, founder of ArlingtonCondo.com, and an agent with KW Metro Center. Contact Rick and make your next move the right move.

Welcome to Just Sold Condos in Arlington!

Last week there were 22 condos that went to settlement. The prices ranged from $320,000 for a 1 bedroom unit in Fairlington to $1,975,000 for a rare 4 bedroom unit at the Atrium.

Other notable sales include:

  • Four, 1 bedroom units sold at Clarendon1021 condo ranging in price from $481,000 to $510,000. That is almost 1% of available units at Clarendon1021. The total sales of all four units equals $1,965,000 and the square footage total is 2,987.

And

  • One, 4 bedroom unit at the Atrium sold for $1,975,000 with a total square feet of 2,785. This unit was a combination of two 2 bedroom units.

For more info on the sold properties, visit ArlingtonCondo.com Just Sold Condos page.

There were also 16 condos that didn’t sell and were removed from the market:

  • 2 listings were withdrawn
  • 2 listings were cancelled
  • 12 listings expired

The end of a month is the most common day for a listing to expire. Often, if the seller is really motivated, it will appear back on the market in a matter of days.

Market Conditions and Fall Through Rates

When buying or selling a home, most people expect that once a contract is signed, the deal is as good as done. However, this isn’t always the case. While most home sales proceed smoothly to closing, some contracts fall through due to a variety of contingencies.

Recently, in the Bright MLS service area, the number of contracts falling through has seen an increase, particularly in September. This rise in fall-through rates highlights the importance of being prepared for potential disruptions during a home sale transaction.

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Just Reduced Properties in Arlington: October 9, 2024

By Sponsor

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.

As of October 7, there are 132 detached homes, 38 townhouses and 153 condos for sale throughout Arlington County. In total, 33 homes experienced a price reduction in the past week, including:

2605 11th Street N

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.

Around Town

Open houses this weekend: An exquisite brick colonial with elegance in Yorktown

By ARLnow.com
5242 Yorktown Boulevard

Arlington’s real estate market reflects the broader community — it’s diverse, dynamic, and never boring.

This weekend’s local open houses offer a snapshot of Arlington’s wide variety real estate offerings, from affordable condos to multi-million dollar homes. One highlight: a $2 million brick colonial with 7,200 sq. ft. of luxury living that includes dual staircases and landscaped yards.

Go to Open houses this weekend: An exquisite brick colonial with elegance in Yorktown Read more

Just Reduced Properties in Arlington: October 2, 2024

By Sponsor

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.

As of September 30, there are 125 detached homes, 38 townhouses and 161 condos for sale throughout Arlington County. In total, 32 homes experienced a price reduction in the past week, including:

1615 S. Oakland Street

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.

Just Listed in Arlington: September 27, 2024

By Sponsor

Just Listed highlights Arlington properties that just came on the market. This biweekly feature is written and sponsored by Coral Gundlach Homes.

Hello Arlington!

Coral Gundlach here with Coral Gundlach Homes in Arlington. I’ve been an Arlington homeowner since 2001 and a Realtor since 2004. I love this real estate market, even though it has its challenges.

We are well into the fall market and interest rates are finally down!

The excitement of this has brought a few more buyers off the bench and homes are being shown more and going under contract faster than in August. There is also more inventory, as expected and as is usual this time of year. The new listings in August were quite slim.

Because I took a little hiatus from this column, there won’t be historical comparisons from two weeks ago. The detached listings continue to be light, and those continue to see the most demand. Most new inventory is in the condo/co-op segment.

Here are the numbers as of the time of writing: Friday, September 27, 11 a.m.

  • All active listings in Arlington: 308
  • New Listings in the past week: 54
  • Under Contract/Pending in last week: 48
  • Median Days on Market for Active Under Contract: 18
  • Median Days on Market for Pending: 9
  • All active detached listings: 107
  • New active detached listings: 16
  • All active townhouses, fee simple: 27
  • New active townhouses, fee simple: 7
  • All active condos/co-ops: 173
  • New active condos/co-ops: 30

Thirty-one total properties closed in the last week. Of those, the median CDOM was 6, and the median original list price to sales price ratio was 100% and the average current list price to sales price ratio was also 100%.

Showing time tracks showings on listings and compares them to the last week and the same week last year. These stats are from the week ending September 22. For Arlington county, there were 847 showings scheduled compared to 755 the week prior. Another interesting metric is how many homes had a price decrease, for that week ending September 22, 9.7% of Arlington listings had a price decrease, compared to 5.2% the same week last year and 4.8 one week ago.

Contact Coral Gundlach Homes today at (703) 200-3631 or email [email protected] to talk more about buying or selling Arlington real estate.

This week’s Just Listed feature:

6705 Washington Boulevard #G, Arlington VA, 22213 — $850,000

6705 Washington Boulevard #G

Today’s featured listing is a fantastic all brick condo townhouse right by the East Falls Church Metro, listed by Ann McClure of McEnearney Associates. 6705 Washington Boulevard #G is a 3 level end unit, with 1836 square feet, 3 bedrooms, 2 full and 2 half baths and a fantastic fenced patio. It is loaded with updates, an open floor plan, and has an assigned parking spot.

The $445/month condo fee covers landscaping, pest control, trash collection, water/sewer, and snow removal. The location is awesome, across from the metro and just about a mile-ish to tons of shops and dining at Lee Harrison Center, Westover, and Falls Church City.

It is open on this Sunday, September 29 from 2-4 p.m.

Want to see more Just Listed properties? Interested in an Open House this weekend? We’re happy to show them to you privately! Contact Coral Gundlach Homes today.

Please note: While Coral Gundlach Homes provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

Around Town

Open houses this weekend: Luxury living with exceptional additions

By ARLnow.com
3703 7th Street S.

Arlington’s real estate market reflects the broader community — it’s diverse, dynamic, and never boring.

This weekend’s local open houses offer a snapshot of Arlington’s wide variety real estate offerings, from affordable condos to multi-million dollar homes. One highlight: a $2 million house in Alcova Heights with exceptional additions including an elevator and solar panels.

Go to Open houses this weekend: Luxury living with exceptional additions Read more

Just Sold Condos in Arlington: September 26, 2024

By Sponsor

Each week, “Just Sold Condos” spotlights condos in Arlington that have sold over the previous week. The market summary is crafted by Rick Bosl, the Arlington Condo Expert, founder of ArlingtonCondo.com, and an agent with KW Metro Center. Contact Rick and make your next move the right move.

Welcome to Just Sold Condos in Arlington!

For Sale

Last week there were 22 condos that went to settlement, but only 7 condos that were taken off the market (expired, cancelled, or withdrawn). How does the condo market compare to the single-family home market in Arlington?  

Numbers-wise, there are more condos that are sold every month in Arlington than single-family homes, as the chart below shows. Every month, for the past few years (and more) there have been consistently more condos (gold) sold than single-family homes (red) and townhomes (green) combined.  

Closed Sales

The media often focuses on the single-family market, though. All the stories about a home getting 50 offers, that is most likely a single-family home. Why all the attention? One, people can see a house from the street, so it is more relatable and two, prices are much higher.  

The chart below shows the median sales price of condos (gold), townhomes (green), and single-family homes (red) for the past 3 years in Arlington. Last month, single-family homes had a median price of $1,250,000, which was almost 3x the median sales price of a condo at $488,750.  

Median Sale $

For more info on the sold properties, visit ArlingtonCondo.com Just Sold Condos page.

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Just Reduced Properties in Arlington: September 25, 2024

By Sponsor

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.

As of September 23, there are 126 detached homes, 34 townhouses and 163 condos for sale throughout Arlington County. In total, 35 homes experienced a price reduction in the past week, including:

2511 16th Street N

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.

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