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.
This week’s key figure is… 20 percent.
During the last week, we’ve seen approximately a 20 percent increase in local listings spanning single-family homes, townhouses and condominiums. Spin it however you’d like folks, but the bottom line is that there’s a lot more homes to discover in our local market if you’re looking to buy.
With the influx of inventory, it appears more and more sellers are taking competitive measures to get their homes sold. Going back to that 20 percent figure, we saw the number of Just Reduced homes jump by nearly (you guessed it) 20 percent during the last week, too.
Regardless of what your home search may comprise, now is a great time to explore and, if you’re ready to commit, negotiate. For those looking to embark on that search, the time-tested and top-notch team at Arlington Realty, Inc. is ready to advocate on your behalf.
And now on to this week’s Just Reduced figures.
As of September 21, there are 176 detached homes, 47 townhouses and 314 condos for sale throughout Arlington County. In total, 48 homes experienced a price reduction in the past week:
- 4126 26th Road N., 22207 — NOW: $1,999,000 (Reduced: $66,000 on 9/17)
- 2516 1st Road S., 22204 — NOW: $1,500,000 (Reduced: $100,000 on 9/19)
- 5100 N. Yorktown Boulevard, 22207 — NOW: $1,348,000 (Reduced: $26,1000 on 9/19)
- 2360 S. Arlington Ridge Road, 22202 — NOW: $1,055,000 (Reduced: $19,900 on 9/18)
- 2001 15th Street N. #1213, 22201 — NOW: $772,500 (Reduced: $15,000 on 9/17)
- 2603 S. Walter Reed Drive #A, 22206 — NOW: $389,900 (Reduced: $10,000. on 9/17)
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.