Home Prices Fall — Arlington was the only jurisdiction in the D.C. metro area to see a drop in home prices last month. The median Arlington sales price in November was $498,500, down 2.1 percent from last year. [Washington Business Journal]
Big Difference Between ‘Near’ and ‘Next To’ Metro Stations — It’s no surprise that real estate closer to Metro stations is more valuable, but what may be surprising is for how high a price such properties can be sold. Looking at the five stations along the Orange Line’s Rosslyn-Ballston corridor — which is deemed one of the hot areas for development — researchers found that properties one-twentieth of a mile from a station (264 feet) can fetch more than a 30 percent premium over those just a quarter mile away. [Washington Post]
Winter Class Registration Begins — Online registration for the Department of Parks and Recreation’s Enjoy Arlington winter classes began today at 7:00 a.m. Available class schedules can be viewed online. Call the Registration Office at 703-228-4747 between 8:00 a.m. and 5:00 p.m., Monday through Friday, with any questions. [Arlington County]
Photo by Matt Henneman