real estate

Listing of the Day: 1300 Crystal Drive #701S

By ARLnow.com Sponsor

Address: 1300 Crystal Drive #701S
Neighborhood: National Landing | Crystal Gateway
Listed: $669,900
Open: Sunday, August 23 from 2-4 p.m.
Open Virtual Tour

Welcome to unit 701S at Crystal Gateway, a beautifully updated 2 bedroom, 2 bath with 1,516 square feet of living space.

The oversized eat in kitchen has been tastefully updated with solid maple cabinets with black hardware, Silestone counters and stainless steel appliances. The dishwasher and stove were just replaced in 2020.

The large living room has wide plank, oak hardwood floors, a wet bar and flows into the dining room with dual sliding glass doors that open to a west facing balcony overlooking the community pool. Tile floors lead down a hallway from the living room to 2 large bedrooms and bathrooms. The owner’s suite has hardwood floors, a walk-in closet and an amazing marble bathroom with a dual sink vanity a large soaking tub and a separate shower. 1 parking space, G3-48 and extra storage bin 5 in room 2 convey.

Crystal Gateway is an amazing community with 2 pools, one inside and one outside, a gym, a community room and library and a concierge in the lobby. Take the elevator to the mezzanine level to the Crystal City shops and underground walkway that leads to the metro.

Live in the convenience of National Landing with the Metro, Pentagon City Mall, Amazon’s HQ2, the airport the Pentagon and the restaurants and shops of Crystal City just outside your door.

Listed by:
Shawn Battle
The Battle Group | Orange Line Condo
Century 21 Redwood Realty
703-999-8108
[email protected]
OrangeLineCondo.com

Just Reduced Properties in Arlington

By ARLnow.com Sponsor

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.

The numbers don’t lie, folks.

In our Just Reduced world, where just months ago, there were a dozen (at the most) homes with reduced prices each week in Arlington County, we’re now seeing approximately three times that amount on a regular basis.

Of course, given the current climate, there is a level of uncertainty and, for some folks, some very tricky and difficult scenarios.

But, if you are fortunate enough to be in a buying position right now, there are certainly some advantages. This influx of reduced properties means the sellers out there right now are being a bit more aggressive to get their homes sold.

And, these Just Reduced prices are only the beginning.

With a time-tested and proven team by your side, your buying self can get the most bang for your buck within the evolving market. In addition to the properties that have been reduced already, there are certainly properties that can be negotiated down. When you’re ready to get moving on your search, the team at Arlington Realty, Inc. is ready to roll on your behalf.

Now on to this week’s Just Reduced figures.

As of August 17, there are 157 detached homes, 39 townhouses and 239 condos for sale throughout Arlington County. In total, 32 homes experienced a price reduction in the past week:

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.

Listing of the Day: 2600 Crystal Drive #0613

By ARLnow.com Sponsor
1/10

Address: 2600 Crystal Drive #0613
Neighborhood: Crystal City
Listed: #0613, 1-bedroom starting at $1,793
Open: Saturday, August 22 from 10 a.m.-5 p.m.

Find your new apartment home in desirable Crystal City; a place that doesn’t compromise on anything. Concord Crystal City’s luxury apartments in Arlington provide perfection in both service and amenities.

Here you’ll never have to choose between amazing living options and superb location. 24-hour concierge and access to our many onsite features — Starbucks right outside your front door and a first-class fitness center to name a few — will cover any and all of your high living expectations.

Enjoy sleek kitchens with stainless steel appliances and under cabinet lighting, flexible living area with enough space for a home office, floor-to-ceiling windows and stylish bathrooms with natural stone tile finish, marble or granite countertops and soaking tubs.

Join the Concord Crystal City leasing team on Saturday, August 22 for light refreshments and treats from Buzz Bakery during your personalized tour of the community. With limited apartment residences remaining, now is your chance.

Listed by:
Concord Crystal City
833-233-2645
[email protected]
www.concordcrystalcity.com

Ask Eli: Arlington Single-Family and Townhouse Mid-Year Real Estate Review

By ARLnow.com Sponsor

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. Enjoy!

Question: How did Arlington’s real estate market perform in the first half of 2020?

Answer: What a wild year it’s been for real estate. After a huge 2019 (SFH/TH review, Condo review), the 2020 market took off in January with prices and competition up sharply. When Coronavirus hit, that momentum tapered off for a couple of months but prices remained steady because of low interest rates and low supply. The Arlington housing supply was down about 400 listings from March-June, but listing activity is surging to historically high levels in July and August, which is traditionally when we see the spring market momentum slow down.

Let’s take a look at how the single-family detached (SFD) and townhouse (TH) market performed in the first half of 2020 using some awesome charts developed by my new partner, the wonderful Alli Torban. We will take a similar look at condos next week.

Note that all of the data used in these charts is based on sales that went under contract from January-June in order to provide the most accurate reflection of the market during the first 6 months. I don’t like using the date a home sold/closed for analysis like this because closing date often lags 30-60 days behind agreement of sale (contract).

Average and median price continued to rise, but not by nearly as much as last year. The total homes transacted in the first six months dropped significantly to 710 from a previous 5-year low of 838, established in 2019.

22207 (most of North Arlington) remains the most expensive place to buy a SFD or TH and 22204 and 22206 (most of South Arlington) remain the most affordable, although we’ve seen strong appreciation in those markets over the last three years.

For new Amazon HQ2 employees hoping to find a SFD or TH to buy within walking distance of your office, your 22202 zip code offers some of the fewest purchase opportunities in the County, so you’ll want to act quickly if you find something you like.

(more…)

Listing of the Day: 3616 Arlington Boulevard

By ARLnow.com Sponsor
1/10

Address: 3616 Arlington Boulevard
Neighborhood: Arlington Heights
Listed: $725,000
Open: Sunday, August 16 from 1-4 p.m.

Nothing to do but move into this pristine, classic Arlington colonial with rare main level bedroom and bathroom with separate entry — many recent updates including new heating and air conditioning, stainless kitchen appliances, renovated bath with double sinks in marble topped vanity and glass enclosed shower.

Among the desirable details: wood burning fireplace in the living room, private home office on the main level with built-ins and closet, dining room open to kitchen featuring light wood cabinets, granite tops, gas cooking and a door to the big deck.

Upstairs, the primary bedroom has two closets — one a “step in” — and room for large furniture, a second bedroom, renovated bath and linen storage. The lower level provides a rec room for media, play, office, Zooming and music.  With the third full bath on this level, it also doubles as a guest space. Laundry and storage room, and a utility room complete the level.

The yard is well landscaped, and the back yard gardener will appreciate the planting beds brimming with veggies ready to be harvested. A garden shed is handy for storing bikes and gardening equipment. The big deck has space for dining and relaxing.

A well poised house for easy commute to Washington, Rosslyn-Ballston business corridor, Pentagon, Reagan National Airport, and Pentagon and Crystal Cities at National Landing — plus Fort Myer/Henderson Hall, Army Readiness Center and Foreign Service Institute.

Conveniently located between Ballston and Columbia Pike’s shops, restaurants, services, and near parks and bike trails. Let your urban spirit shine in this Arlington gem. For 3D tour go to BetsyTwigg.com.

Listed by:
Betsy Twigg
McEnearney Associates
703-967-4391
[email protected]
BetsyTwigg.com

Open Houses in Arlington This Weekend

By ARLnow.com Sponsor

Looking for a home? There are plenty of houses and condos open for viewing this weekend.

Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:

4389 Old Dominion Drive
8 BD/6 BA, 1 half bath single-family home
Agent: Keller Williams Realty Falls Church
Listed: $1,999,000
Open: Sunday 1-4 p.m.

 

3801 Washington Boulevard
4 BD/4 BA single-family home
Agent: Weichert Realtors
Listed: $1,450,000
Open: Sunday 2-4 p.m.

 

2417 S. Dinwiddie Street
5 BD/4 BA single-family home
Agent: Kw Metro Center
Listed: $1,150,000
Open: Saturday 2-4 p.m.

 

1737 13th Street S.
4 BD/3 BA, 2 half bath villa/townhouse
Agent: Compass
Listed: $969,000
Open: Sunday 1-4 p.m.

 

5829 5th Street S.
3 BD/3 BA single-family home
Agent: Coldwell Banker Residential Brokerage
Listed: $835,000
Open: Saturday 2-4 p.m.

 

3616 Arlington Boulevard
3 BD/3 BA single-family home
Agent: McEnearney Associates, Inc.
Listed: $725,000
Open: Sunday 1-4 p.m.

 

880 N. Pollard Street #701
2 BD/2 BA condo
Agent: Bethesda Realty Group, Llc
Listed: $620,000
Open: Sunday 1-4 p.m.

Just Listed in Arlington

By ARLnow.com Sponsor

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.

Inventory is growing in Arlington…

You may have read that inventory is down in many markets around the country, yet we’re seeing a different trend in Arlington. Could this be the result of an exodus to the farther suburbs? Are fewer people interested in living close-in as a result of COVID-19?

The answer isn’t as simple as yes or no. In fact, buyers are still ratifying contracts at a brisk pace in Arlington, and inventory for single-family options continue to decline week-over-week. Arlington remains in high demand, make no mistake.

But just as single-family properties continue to be highly sought-after in almost all price points, condos do seem to be falling out of favor in the current market. There are 67% more condos available today in Arlington than there were 6 weeks ago.

Inventory available at any given time should be viewed in comparison with how much inventory is being absorbed. Over the past month, we’ve crept up to about 1.5 months of inventory across all property types. But for single-family properties, we have less than half a month available! Historically low mortgage rates, still holding below 3% for a 30-year fixed, continue to fuel buyer urgency and desire to lock in a low payment.

This past week in Arlington, sellers listed some 91 properties for sale while buyers ratified 59 contracts. 32 of the ratified contracts were on homes listed just within the past week!

There are currently 370 homes for sale in Arlington, 19 more than last week. 119 are detached homes, 30 are townhouses/semi-detached, and 221 are condos. Average days on market (DOM) is 48 and median DOM is 30.

The median list price of currently available properties is $750,000, while the average is $944,802. Last year for the same week, sellers listed 43 homes and buyers ratified 57 contracts.

Click here to search currently available Arlington real estate. 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.

Listing of the Day: 3707 Kemper Road

By ARLnow.com Sponsor

Address: 3707 Kemper Road
Neighborhood: Nauck
Listed: $459,000

This is a rare opportunity to own in the Shirlington area with no HOA!

This home features 3 bedrooms, 2 full bathrooms and hardwood floors throughout the main levels. The kitchen has been renovated and is outfitted with granite countertops, upgraded cabinets, custom backsplash and stainless steel appliances. The home comes with a fantastic outdoor terrace perfect for entertaining!

The location offers great walkability to Shirlington Village, W&OD Trail, Shirlington Dog Park, New District Brewery and more!

Contact the The Battle Group or your buyer’s agent for more information or to set up a showing. View the full listing here.

Listed by:
Matt Leighton
Century 21 Redwood Realty
703-472-0574
[email protected]
TheMattLeighton.com

Morning Notes

By ARLnow.com

Local Real Estate Market Rebounds — “After an uncharacteristically slow spring, thanks to stay-at-home orders and economic uncertainty stemming from Covid-19, Washington’s residential real estate market had a record-breaking July. According to the latest local data, the median home sale price in the DC metro area hit a 10-year high last month.” The median days on the market for Arlington, meanwhile, is seven. [Washingtonian, InsideNova, Twitter]

I-395 Wrong-Way Driver Arrested — “A woman driving the wrong way on northbound Interstate 395 Tuesday morning struck two vehicles before taking off, Virginia State Police said. The crash at 4:49 a.m. sent debris across the interstate and shut down all northbound lanes before Washington Boulevard in Arlington for roughly an hour.” [WTOP]

Long Bridge Project May Be Delayed — “The good news is that the coronavirus pandemic has not derailed one of the region’s most important transit projects: the construction of a second Long Bridge over the Potomac River reserved exclusively for Amtrak and Virginia Railway Express passenger trains. The bad news is that due to revenue shortfalls directly related to the pandemic, the $3.7 billion, 10-year project may be significantly delayed.” [Fredericksburg Free Lance-Star, Twitter]

W-L Student Dies Unexpectedly — “Generals, it is with great sadness that I inform you of the death of one of our own. Adrian Vega-Alcantara, a student in the 11th grade, passed away suddenly of heart failure on August 10.” [Washington-Liberty High School]

Local Reaction to Veep Pick — “Amid a strong field of highly qualified women, Senator Harris stands out as a powerful and historic choice,” said Rep. Don Beyer. ” I know from our time together in the Senate that she’ll be great for the ticket and more importantly, great for our country,” said Sen. Tim Kaine. [Press Release, Twitter]

Meteor Shower This Week — “Make sure you stay up late one evening (or wake up early) to see the annual Perseid meteor shower! It will peak this week on the mornings of Wed, Thu, and Fri.” [Twitter, EarthSky]

Just Reduced Properties in Arlington

By ARLnow.com Sponsor

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.

We may only be halfway through the week, but some relaxation (hopefully) is just over the horizon.

Saturday, August 15 is National Relaxation Day.

And yes, even on the outskirts of our nation’s capital and within Arlington County’s diverse landscape, there are plenty of places to unwind and relax. Throughout the years, we’ve heard it directly from so many clients: People love living in Arlington County because there are the many comforts that come with urban living as well as plenty of tranquil places to enjoy, too.

Among our team’s favorite spots are the Crystal City Water Park, which boasts ample shade, an expansive water feature and spots primed for a picnic. There’s also Long Bridge Park, with Potomac River views and a scenic garden. And, we’re just touching on a couple of places here, folks.

If and when you’re ready to call the multifaceted paradise that is Arlington County home, the time-tested team at Arlington Realty, Inc. is ready to roll on your behalf. Until then, here’s to wonderful week and relaxing weekend.

Now on to this week’s Just Reduced figures.

As of August 10, there are 146 detached homes, 39 townhouses and 232 condos for sale throughout Arlington County. In total, 35 homes experienced a price reduction in the past week:

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.

Listing of the Day: 1020 N. Highland Street #413 

By ARLnow.com Sponsor

Address: 1020 N. Highland Street #413
Neighborhood: The Phoenix (Clarendon)
Listed: $489,900

Welcome to unit 413 at The Phoenix! This is a beautiful one-bedroom condo that features a private balcony, an open kitchen and 734 square feet of living space. Hardwood floors are found throughout the living area.

This large floor plan allows for a separate dining space adjacent to the living room. The residence receives excellent natural light from the floor-to-ceiling sliding glass door. The kitchen is equipped with stainless steel appliances and granite countertops. The lighting is controlled by a Caseta by Lutron smart lighting system.

The bedroom features soundproof windows and the walk-in closet comes with custom closet built-ins. One full-size parking spot (B4-041) conveys with the property.

The Phoenix has an excellent amenity package that features a rooftop pool, front desk, fitness center, party room, conference room, library and more! The community is located in the heart of Clarendon, just 1.5 blocks to the Clarendon Metro and steps from shops, restaurants, retail and everything the neighborhood has to offer.

Contact the Orange Line Condo team or your buyer’s agent for more information or to set up a showing.

Listed by:
Matt Leighton
Century 21 Redwood Realty
703-472-0574
[email protected]
TheMattLeighton.com

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