Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Andors Real Estate Group.
Happy Halloween, ARLnow readers! Wishing you and your families a fun and safe holiday weekend!
Inventory in Arlington might have finally leveled out, after months of expansion. Fall usually brings fewer new listings, but with buyer demand still extremely strong, I anticipate we’ll continue to see small declines in available inventory week over week.
Mortgage interest rates are holding steady, at about 2.8% on a 30-year fixed. The 15-year is at 2.125%. These low interest rates seem to be here to stay, and that will bolster demand through the winter at least.
This past week in Arlington, sellers listed some 67 properties for sale while buyers ratified 55 contracts. 25 of the ratified contracts were on homes listed just within the past week.
There are currently 539 homes for sale in Arlington, 2 less than last week. This is our second decline in available listings in as many weeks. 137 are detached homes, 45 are townhouses/semi-detached and 357 are condos.
Average days on market (DOM) for currently available homes is 54 and median DOM is 36. The median list price of currently available properties is $569,000, while the average is $765,436.
Last year for the same week, sellers listed 45 homes and buyers ratified 36 contracts.
Click here to search currently available Arlington real estate — if you see a home you’re interested in purchasing, we’d love to help!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight homes that are new this week that I think you might like to check out.
- 2016 N. Adams Street #805, Arlington, VA 22201 — $385,000
- 3511 S. Stafford Street, Arlington, VA 22206 — $544,900
- 1301 N. Courthouse Road #801, Arlington, VA 22201 — $572,000
- 1168 N. Vermont Street, Arlington, VA 22201 — $849,900
- 631 23rd Street S., Arlington, VA 22202 — $874,900
- 6246 19th Street N., Arlington, VA 22205 — $1,249,000
- 3115 1st Place N., Arlington, VA 22201 — $1,299,900
- 3325 N. Kensington Street, Arlington, VA 22207 — $2,050,000