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.
Good morning Arlingtonians!
The inventory run-up continues, with another very strong week of new listings in the books.
After two weeks of declines in the interest rates, half of those have been given up as the average 30-year fixed rate mortgage went from 5.3% to 5.51%. Buyers really did take note last week and it showed up in an increase in the number of ratified contracts.
As of right now, in Arlington, there are 451 residential properties available across all property types, 19 more than last week. Of those 451, 145 are detached properties, 68 are town homes/semi-detached properties, and the remaining 238 are condominiums.
This past week, sellers listed 94 homes for sale, an increase of 32, while buyers ratified 50 contracts. 24 of the ratified contracts were on homes just listed within the past seven days.
Average asking price of currently available homes is $883,895 and the median is $685,000. Currently available homes have been on the market for an average of 45 days and a median of 30 days.
This week last year, rates were sitting at 2.88%, sellers has listed 100 homes for sale and buyers ratified 68 contracts. There was a total of 550 properties for sale!
Pick Of The Week — The Andors Real Estate Group is proud to have JUST LISTED 2013 S. Lynn Street, Arlington, VA 22202 — $1,395,000.
2013 S. Lynn Street
Welcome home to this stunning Arlington Colonial tucked into one of the quietest parts of Addison Heights with views from Arlington Ridge down to Amazon HQ2 and the Crystal City skyline. Beautifully maintained, including a home magazine worthy owners suite spa-like bathroom, this four bedroom, three full and one half bathroom home boasts nearly 3,400sf of finished living space. Private rear decks and a tranquil backyard, one-car attached garage, soaring ceilings and gorgeous hardwood floors, this home does not disappoint!
Find me here THIS SATURDAY from 1-4 p.m. for a public open house to see this gorgeous home and take in the views!
Click here to search currently available Arlington real estate. If you see a home that you’re interested in purchasing, give us a call! Our team are experts at WINNING when it comes to Arlington real estate — our agents routinely outmaneuver others when it comes to multiple offer scenarios — call us to find out how!
Call the Andors Real Estate Group today at (703) 203-1117 to talk more about buying or selling Arlington real estate. Below are eight properties I think you might light to check out.
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