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 February 19, there are 101 detached homes, 16 townhouses and 103 condos for sale throughout Arlington County. In total, 17 homes experienced a price reduction in the past week, including:
-
4827 33rd Road N., 22207 — NOW: $2,395,000 (Reduced $55,000 on 2/13)
-
3515 14th Street N., 22201 — NOW: $1,949,000 (Reduced $76,000 on 2/13)
-
1018 19th Street S., 22202 — NOW: $1,824,900 (Reduced $55,000 on 2/13)
-
1701 16th Street N. #328, 22209 — NOW: $1,650,000 (Reduced $45,000 on 2/15)
-
1530 Key Blvd. #106, 22209 — NOW: $949,900 (Reduced $25,000 on 2/13)
-
1021 S. Dinwiddie Street, 22204 — NOW: $749,900 (Reduced $25,000 on 2/18)
-
2001 15th Street N. #220, 22201 — NOW: $444,900 (Reduced $10,000 on 2/12)
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.
This regularly scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Video summaries of some articles can be found on YouTube on the Eli Residential channel. Enjoy!
Question: What home design trends are you seeing in 2024?
Answer: For this week’s article on home design trends, my partner Jean Ropp takes the reigns to review the latest in colors, patterns, materials, and more home design trends. Take it away Jean…
One of the things I love most about being in the real estate business is following home design styles! To me, there is nothing quite like transforming spaces in your home to become aesthetically pleasing, functional and full of your personality. Below we have outlined the home design trends we expect to see this year. Our team reviews dozens of articles, blogs, and write-ups so we know what to expect and we are already seeing these trends in the marketplace. What do you think, do you like these looks?!
Here’s a sharable link to the full presentation of design trends.
Pastels are in! Colors of the year are…
Dynamic Hoods
Range hood vent covers are no longer an afterthought, but a prominent focus in kitchen design. They are bold and eye-catching with unique textures such as plaster or wood fluting. Every kitchen needs a focal point, and the range hoods are reclaiming their position in the kitchen as the centerpiece.
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.
The biggest challenge we face right now is a lack of new listings, which leads to higher prices, bidding wars, and less affordability, making homeownership difficult for many people. The flip side is that appreciation is strong, and Arlington real estate continues to be a solid investment.
Following what is just listed has been a daily practice of mine, and I am excited to share my thoughts with you on the numbers, highlight some interesting listings, and help readers understand the context of the numbers in our market.
This week 56 new listings launched on the market in Arlington, including…
- 23 detached houses were listed between 725,000 and $3,750,000
- 12 townhomes/duplexes between $449,000 and $1,399,000 (some of these are condo ownership)
- 20 condos/non-townhouse style were listed between $218,000 and $2,999,000
Although detached homes in Arlington are pricey, there are affordable condo options.
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 features:
5008 North Carlin Springs Road, Arlington VA, 22203 — $1,075,000
In the just over a million and best bang for the buck detached category, my Compass colleague Katie Loughney has a listing on Carlin Springs Road for $1.075 Million. It is a remodeled 4 bedroom, 3.5 bath colonial within walking distance to Ballston. It has 2,444 square feet on a 7,513 square foot lot. It even has an ensuite primary bath with a soaking tub and shower, a 2 car garage, and backs to woods. This is a rare combination of features in this neighborhood and price point.
1300 South Arlington Ridge Road Unit 705, Arlington VA, 22202 — $250,000
One of the lowest-priced new listings is in the Cavendish, a condo built in 1958 with fees of $774 a month — a 728 square foot one-bedroom for $250,000. It is within walking distance of Metro, Amazon HQ2, and all that Pentagon City and Crystal City have to offer. Offering a recently renovated bathroom and updated windows and kitchen, it is on the top floor, and has lots of sunlight. Listed by James Wu and Steven Chang at Compass.
2601 North Winchester Street, Arlington VA, 22213 — $660,000
This last home is a rare duplex. These are kind of a hybrid of a townhouse and a detached home, as there is only one side attached and the other side is open. This one is a 2 bedroom, 2 bath 1,240 square foot home with no HOA or Condo fees, for $660,000. It is walkable to East Falls Church Metro in the under-the-radar 22213 neighborhood. It is listed by Anna Botha of Berkshire Hathaway HomeServices PenFed Realty.
Want to see more Just Listed properties? Interested in an Open House this weekend? We’re happy to show them to you privately! Click here or contact Coral Gundlach Homes.
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.
Address: 1013 N. Kensington Street
Neighborhood: Westover Towns
Type: 4 BR, 4 (+1 half) BA townhouse — 2,500 sq. ft.
Listed: $1,100,000
Noteworthy: All brick four level end townhouse in Cardinal Swanson Yorktown school pyramid
Pristine 4 bedroom, 4.5 bath home with a two car garage near Westover Village, parks, and bike path.
The living room flows into the dining room then kitchen and family area. High ceilings, tall windows, and gleaming wood floors accentuate the main level of the home along with custom shutters and window treatments. Upstairs, the primary bedroom has a fitted walk in closet, private bathroom with double sink vanity and oversized shower. The second bedroom has a walk in closet and an en suite bathroom. A laundry area is also on this level.
The top floor is given over to a tucked away bedroom and bathroom featuring whimsical dormered ceilings. The roof terrace offers areas for grilling and gatherings as well as skyline views. In the lower level there is a fourth bedroom, bathroom, and entry to the oversized two car garage.
A wonderful home in an enviable location.
Listed by:
Betsy Twigg — McEnearney Associates
[email protected]
(703) 967-4391
The road to the Little League World Series starts right here in Arlington!
Pitchers and catchers — and everyone else on the baseball diamond — are ready to return to play for another exciting, instructive, and fun season of Arlington Little League Baseball. And this year, some of them might just go all the way to Williamsport!
Registration for Arlington Little League’s spring 2024 season is open, with fees starting at low as $90! The league is forming teams now, and scholarships are available for any family in need. Practices start in mid-March, and their famous Opening Day ceremony will be on April 7 at Barcroft Park.
Players in divisions ranging from Jr. Tee Ball to Majors and 50/70 can sign up to enjoy another season of fun, learning, and competition. The league provides skill-based baseball experiences for boys and girls ages 4 to 13 with opportunities for everyone to play in every game. And parents can’t help but get caught up in the baseball action!
Kids ages 4 and 5 learn baseball basics in Jr. Tee Ball, advancing next season to Tee Ball for 5- and 6-year-olds. Rookies ages 6 and 7 build on their tee ball skills with coaches pitching before moving the next season to Single A (ages 7 and 8). Players begin pitching at AA (8 and 9) and continue developing their skills at AAA (9 and 10).
The top two levels are Majors (11 and 12) and 50/70 (11-13), where players develop advanced skills and start to prepare for high school play on bigger diamonds. Little League strives to achieve competitive equity between teams at these levels to ensure a positive and balanced experience for young athletes. The league’s dedicated coaches pride themselves on teaching the American Pastime in the right way — fair, competitive, and fun.
After the regular season ends in early June, Arlington Little League sends 8 teams of All-Stars to divisional and state tournaments. For the first time, the league plans to form two teams at the Majors level, which is the level that competes in the Little League World Series in Williamsport, Pennsylvania — the tournament that you see on television!
The league also runs a Challengers program on Sunday afternoons for children with physical and mental disabilities. Registration for this division is just $25.
Contact [email protected] for more information.
Do we have to say it? OK, then: Play ball!
This sponsored column is by Law Office of James Montana PLLC. All questions about it should be directed to James Montana, Esq., Doran Shemin, Esq., Janice Chen, Esq., and Austen Soare, Esq., practicing attorneys at The Law Office of James Montana PLLC, an immigration-focused law firm located in Falls Church, Virginia. The legal information given here is general in nature. If you want legal advice, contact us for an appointment.
USCIS recently put out a press release written by the same comms professionals who brought you The Deeds of the Divine Augustus and Dirt Off Your Shoulder.
In a word, they’re very proud of themselves. “Completing an Unprecedented 10 Million Immigration Cases in Fiscal Year 2023, USCIS Reduced Its Backlog for the First Time in Over a Decade” is a strutting, fist-pumping shout of victory.
But is it justified by the facts? We report, you decide!
First, here’s USCIS’s version of events.
- In FY2023, USCIS received almost eleven million applications and adjudicated more than ten million cases, thereby reducing the backlog for the first time in over a decade.
- USCIS naturalized 875,000 new US citizens, including 12,000 members of the U.S. military; in the course of eliminating the naturalization backlog, USCIS decreased the processing time for a naturalization application from 10.5 months to about six months.
- USCIS broke new ground in humanitarian relief cases. USCIS’s asylum directorate completed 52,000 asylum cases, created a sixth Service Center to process humanitarian relief cases more efficiently, and expanded both the U4U (Uniting for Ukraine) and CHNV (Cuba-Honduras-Nicaragua-Venezuela) parole processes in support of the Biden Administration’s efforts to regularize migration at the border.
- USCIS improved its systems for making appointments at local field offices, including encouraging applicants to change their appointments online
Now, here’s our take.
Look at this chart from USCIS’s press release:
USCIS wants you to see that the net backlog has declined from roughly 800,000 to roughly 750,000 between October 2022 and October 2023 — that’s the red-shaded area.
But the chart itself — and let’s give credit to USCIS for credible data disclosure here — offers a countervailing narrative. The ‘recent receipts’ area (grey-shaded) and the somewhat spikier ‘receipts’ line show that USCIS is receiving an enormous amount of new applications. That’s a very bad sign for the backlog. Unless USCIS can handle roughly 30% more applications this year than it handled last year, without the supplemental Congressional funding that sluiced through the system in FY2022, the backlog is going to skyrocket again. We predict that will happen.
Now, look at the chart that USCIS provides for its application cycle times:
This column is sponsored by Arlington Arts/Arlington Cultural Affairs, a division of Arlington Economic Development.
Time never stops. As it moves, our perspective can change and evolve. A new exhibit at Gallery 3700 called Ways of Seeing Time by Arlington artist and scientist Kristen Orr examines how we perceive time.
Ways of Seeing Time started as the Artist’s attempt to heal from a recent heartbreak and evolved into a collection of positive ideas about time. “At first, these thoughts were negative,” Orr reveals, “but then I began collecting positive ways to think about time.” With the thought that these ideas might help others deal with existential dread, Kristen assembled her favorite ways of seeing time into a zine (a small art booklet) that she made copies of and shared with many people.
The work on view in Gallery 3700 recreates select pages from this zine at a large scale using cut vinyl text and gouache paintings on watercolor paper. “And it turns out that there are so many ways that we as humans conceptualize time,” Orr adds. If you have your own way of thinking about time, Orr invites you to write it down in the notebook in the gallery as part of the exhibit.
Kristen Orr is an artist, designer and biologist based in Arlington. She creates line drawings, prints, paintings, zines and installations that explore how humans perceive the natural world. Her work has organic, rhythmic qualities and often contains an underlying sense of humor and poetry. She is influenced by popular science writers such as E.O. Wilson, Jonathan Weiner and Fredrik Sjoberg, and she frequently collaborates with artists, scientists and natural history museums.
Her interests in art and science led her to work in fields like museum exhibition design and scientific illustration. She currently works as a freelance designer with recent clients, including the Hirshhorn Museum and the Smithsonian Migratory Bird Center. Seventy illustrations by Kristen are featured in the popular science book How to Win Friends and Influence Fungi published by St. Martin’s Press in February 2024. In all that she does, she believes that increasing accessibility to scientific information through art and design is the best way to engage people with the wonders of the natural world.
A hidden gem in Arlington’s Green Valley neighborhood, Gallery 3700 exists for arts organizations, individual artists and artist guilds to present their work. Recent exhibitions include WE PAUSED! Unbound (Jun 2022-May 2023) in collaboration with Arlington’s Studio Pause, and just prior to the pandemic, an exhibit by the Guild of American Papercutters (GAP) featuring the works of 34 artists from seventeen states and Lithuania entitled Places in Paper.
Gallery 3700 is located in the Cultural Affairs Building, 3700 S Four Mile Run Drive, Arlington, VA 22206. Situated beside Jennie Dean Park and just steps from the popular Four Mile Run dog park and walking path, take a few moments of time to drop by on your next walk, jogging or biking excursion.
Gallery 3700 Hours:
Monday — Friday: 12-10:30 p.m.
Saturday: 9 a.m.-6 p.m.
Sunday: Closed
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 February 11, there are 92 detached homes, 20 townhouses and 105 condos for sale throughout Arlington County. In total, 5 homes experienced a price reduction in the past week, including:
-
1505 N. Longfellow Street, 22205 — NOW: $1,999,000 (Reduced $100,000 on 2/9)
-
2700 Fort Scott Drive, 22202 — NOW: $1,500,000 (Reduced $199,000 on 2/8)
-
1411 Key Blvd. #306, 22209 — NOW: $849,972 (Reduced $1,000 on 2/9)
-
1021 N. Garfield Street #118, 22201 — NOW: $430,000 (Reduced $10,000 on 2/8)
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.
This regularly scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Video summaries of some articles can be found on YouTube on the Eli Residential channel. Enjoy!
Question: How did Arlington’s condo market perform in 2023?
Answer: 2023 was a tough year for condo demand because interest rates for much of the year pushed monthly payments well above the cost of renting a comparable apartment. However, like the single-family market last year, listing volume was so low that it kept prices stable and condo sales moderately competitive despite lower demand. How low was listing volume? We saw about 30% fewer condos listed for sale in 2023 than in 2022 and more than 40% fewer listings last year compared to 2021.
The data below looks at Arlington’s condo market, specifically multi-family condos, last year and the trends over the past five years. Most real estate data sets look at numbers based on the year a home sold/settled, but I prefer to look at data based on when a home went under contract because it gives a more accurate reflection of what was happening in the marketplace at the time the deal was agreed to. For example, many new builds go under contract months to a year or more before they close. I also use “Net Sold” for prices, the sold price less any seller credits, for a more accurate representation of the price paid/received.
Condo Market Steady, Prices Flat
After an up and down few years from 2019-2021 (up from Amazon HQ2 announcement, down from COVID), the Arlington condo market has returned to its natural form — slow and steady. Depending on how you slice the data, the condo market is either up or down slightly in 2023 compared to 2022 so it’s fair to say that condo prices were mostly flat in Arlington last year.
- The average price of a condo in Arlington fell by .6% in 2023, while the average $/SqFt fell .8%, and the median price of a condo increased .5%
- If you remove new construction sales from the data, the average price of a condo increased 2.9% in 2023, but if you drill down into price change by condo size, the average one-bedroom condo dropped .1% and the average two-bedroom condo increased .5%
- Over the past five years, the average condo price is up 6.3% but if you remove new construction from that data, the average condo has gained just 3.9% since 2019
- Competition in the condo market has fallen sharply since the 2019 Amazon HQ2 surge when 67% of condos sold in ten days or less and the average condo sold for full ask. In 2023, just under half of the condos listed for sale were sold in ten days or less and the average condo sold for 1.4% less than its original asking price.
- This was the first time in 5+ years with more one-bedroom condo sales than two-bedroom sales
- The most expensive zip code to buy a condo by average price and average $/SqFt is 22209 (Rosslyn area) largely due to being home to some of the region’s most expensive condo buildings including the newly built Pierce condos, Turnberry Tower, and Waterview
- If you remove new construction sales from the data, the zip codes with the strongest five-year average price increase are 22206 (6.7%) and 22202 (6.6%)
Looking Ahead, Upward Price Pressure in 2024
There are strong signs of momentum building in the condo market with a sharp increase in the number of condos sold within ten days on market in 2023 compared to the previous two years, as well as a material decrease in the average amount buyers are negotiating off the original asking price. Combine that with falling inventory levels (charted below), now well below the 10yr historical average, and falling interest rates, I believe we could see some real appreciation in the condo market in 2024; quite possibly in the 3-5% range if rates remain on a downward trajectory.
Interested in graduate school?
George Mason University invites you to attend an upcoming open house at Mason Square in Arlington to learn more about the 40+ graduate programs at three Mason academic units: the Schar School of Policy and Government, Costello College of Business, and the Carter School for Peace and Conflict Resolution at an in-person open house.
When: Thursday, February 22 | Drop by any time between 5-7 p.m.!
Where: Van Metre Hall Multipurpose Room | 3351 Fairfax Drive, Arlington, VA 22201
This is the perfect opportunity to explore your graduate school options, meet your future professors face-to-face, connect with our admissions team, and find out where a Mason graduate degree can take you next.
George Mason University offers in-state tuition to Virginia residents. Plus, incoming Schar School students who reside in Washington, D.C., and Maryland can now qualify for the Regional Pricing Policy for a master’s or certificate program!
Hourly parking is available in the Van Metre Hall Garage. The campus is also metro accessible (Virginia Square — Orange or Silver lines). To learn more about the 40+ graduate programs at George Mason University’s Arlington campus, register for the open house or fill out our inquiry form.
This column is written by the team at Arrowine & Cheese (4508 Cherry Hill Road). Sign up for the email newsletter and receive exclusive discounts and offers. Order from Arrowine’s expanding online store for curbside pickup or in-store shopping. Have a question? Email thenose@
Happy February!
We’re two months into the new year and Valentine’s Day — less than a week away — is a time for romance, chocolates and best of all, Champagne. But specifically, Grower Champagne like Champagne Bauser.
Kicking your taste buds and with Special Bottling, Champagne Bauser is now available at Arrowine. Just in time for Valentine’s Day!
How did Champagne Bauser come to Arrowine? A little bit of backstory from Doug Rosen himself…
I was hunting for Champagne from the tiny Village of Les Ricey (the home of Marie and Olivier Horiot, whose Champagnes are the best-known, highly allocated, and twice the price. We have a few right now.)
Les Ricey was a favorite source of Champagne for Louis XIV. It is located at the southern end of the Côte des Bar, far removed from the big-name Champagne Houses in Reims, etc. But this sleepy corner of Champagne is a favorite source of grapes for the “Big Gun” Champagne Houses.
Les Ricey’s Champagnes are richly flavored, extremely mineral (for Pinot Noir,) and very Burgundian. Considering how close Les Riceys is to Chablis and that it enjoys the same Kimmeridgian soils, it should not be surprising.
With such a high demand for Les Ricey fruit, few producers and far fewer Estate Bottlers export to the United States and command hefty price tags when they do. But not at Arrowine. At as low as $44.99 a bottle, Champagne Bauser is a “stupid good” and a steal! Don’t drink this standing up; you might pass out from pleasure.
And don’t forget the chocolates and cheese! What’s Champagne on Valentine’s Day without the cheese, charcuterie and chocolates?