real estate

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 at Compass 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.

Hello ARLnow readers. Just listed for this week brings more inventory and longer days on market.

Typically we see an uptick in listings after Memorial Day but we also often see a decrease in buyer activity. This creates a more balanced market which is what we need here. Buyers still don’t have many homes from which to choose, but it is getting better every week.

Here are the numbers as of the time of writing Thursday, May 30 at 3 p.m. 

• All active listings in Arlington: 282
• New listings in the past week: 76
• All active detached listings: 112
• New active detached listings: 22
• All active townhouses, fee simple: 33
• New active townhouses, fee simple: 16
• All active condos/co-ops: 142
• New active condos/co-ops: 39

The data shows us that things are slowing a bit, but sellers still have an advantage and prices are strong. I like to focus on just the past week as that is the latest, rather than compiling a month ago, as our market is ever changing.

This week we will focus on Detached. The average cumulative days on market (CDOM) for both Active Under Contract and Pending sales in the past week are 33. CDOM includes homes that were withdrawn and re-listed. Fifteen Detached homes closed in the last week. Average CDOM for the closed homes are 20 and they sold for an average of 106.1% of original asking price. 

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:

6701 25th Street North, Arlington VA, 22213 — $1,370,000

It is loaded with charm! Four bedrooms, 2.5 baths, offered at $1,370,000. Originally built in 1923, it has those pre-war details like tall ceilings and rich pine wood flooring, plus it was transformed in 2007 with an addition that created a more modern floorplan with a main-level family room, breakfast nook, mud room, and primary suite.

It has a generous yard, with tons of space in front and a nice private back with a spacious deck. The location cannot be beat. It is just a block from two parks: Tuckahoe and Charles Stewart, .7 of a mile to Williamsburg Shopping Center, and W&OD Trail, and a mile to Falls Church City, and is only .6 of a mile from EFC Metro.

It is open Saturday and Sunday from 2-4 p.m.

*These numbers do not include The Jefferson, a 55 plus community in Ballston. Between research and publication, some numbers may change.

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 at Compass 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.

Happy May 3! Fortunately, no corny Star Wars jokes are allowed, until tomorrow.

The real estate market in Arlington continues to have plenty of action, though it has calmed a bit with the rise in interest rates. Buyers are still out here looking, but sometimes thinking things over for more than an hour or two. There is a slight uptick in inventory, typical for this time of year but no great influx compared to past years, and we are still historically low.

We currently have a total of 252 listings Active in the MLS in Arlington as of the time I am writing this, and a total of 65 listed or re-listed in the last week. These numbers will likely change by publication.

Detached listings:

• Of those 252, 111 listings are detached single-family homes, ranging in price from $660,000 to $4,900,000.
• Only 29 of these were listed in the past week.
• 15 homes went under contract in the last week, and 9 of those went straight to Pending rather than Active Under Contract, indicating solid offers with no contingencies.

Condos and Co-ops:

There are 120 Condos/Co-ops currently active. 113 of those are condos. There were 25 condos and 2 co-ops listed in the last week. 28 went under contract in the last week. For condos, prices range from $235,000 for a 533 square foot one bedroom in The Chatham, built in 1965 with fees of $432/month to $1,395,000 for a 2 bed/2 bath 1,600 square foot 2013 built unit in Gaslight Square. Fees are $730/month.

Townhouse listings:

This week we will dive deeper into details of the townhouse listings and feature my latest listing, a Ballston Townhouse gem in Ballston Oak at 1134 North Stuart Street #1 in the 22201 zip code.

Of the non-condo townhouse segment, there are only 18 active in Arlington. Only 6 of those were newly listed and only 4 went under contract in the last week — 2 Pending, 2 Active Under contract. The new listings range in price from $565,000 for a 2 bed/2 bath in the Barcroft area in 22204, around 1,000 square feet with HOA fees of $158/month to our featured listing which is a 3 bedroom/3 bath, 2017 built townhouse in Ballston for $1,350,000. HOA fees are $192/month.

It is loaded with features that make it feel brand new, a gourmet kitchen with quartz counters, top-of-the-line appliances, an open floor plan, solid oak flooring, and a 2-car garage.  The roof deck is extraordinary, with sweeping views, a pergola, rooftop garden and so much space for entertaining in warmer weather.

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:

1134 North Stuart Street Unit 1, Arlington VA, 22201 — $1,350,000

This home will be open today (Friday, May 3) from 4-6 p.m. | Saturday, May 4 from 1-3 p.m. | Sunday, May 5 from 2-4 p.m.

*These numbers do not include The Jefferson, a 55 plus community in Ballston. Between research and publication, some numbers may change.