Real Estate Prices Drop in Arlington, Inventory Up During September

There’s been a shift in the real estate market in Arlington. Real estate prices drop, inventory went up! Out of the total 229 sales, the average sale price took a dip of almost 3% while inventory levels were up 46% over last year – a huge difference from the total under supply we had. Days on the market were up to an average of 44.

Single Family Homes

N. Arlington Average Net Sale Price: $967,003 in 32 days
Range: $470,000 – $2,183,767
S. Arlington Average Net Sale Price: $644,522 in 41 days
Range: $354,000 – $1,126,000

Townhomes
N. Arlington Average Net Sale Price: $949,327 in 17 days
Range: $485,000 – $1,775,000
S. Arlington Average Net Sale Price: $492,550 in 11 days
Range: $354,000 – $773,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $359,959 in 40 days
Range: $178,383 – $530,000
S. Arlington Average Net Sale Price: $272,999 in 55 days
Range: $195,000 – $366,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $579,914 in 31 days
Range: $297,325 – $1,280,000
S. Arlington Average Net Sale Price: $416,947 in 35 days
Range: $260,000 – $680,000

Search Arlington Homes For Sale or Find Out What Your Arlington Home Is Worth

Shirlington Townhouse For Sale

Beautiful end-unit townhouse located at the West Village of Shirlington for sale! Overlooks the pool, park right in front of your home, front porch, plantation shutters, granite counters plus kitchen island, stainless steel appliances with gas cooking, hardwood floors throughout both levels. Features 3 bedrooms, 2.5 bathrooms and master bedroom has double vanities and custom walk-in closet. Laundry is on the bedroom level!

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$499,900
Condo fee: $521/mo includes gym, pool, club room, on site management, parking, water, trash
Extremely pet friendly!

For virtual tour, please click here.

Clarendon Condo: Arc 3409 Arlington VA

New condo building alert! Arc 3409 in Clarendon, Arlington, VA is located at 3409 Wilson Blvd, Arlington, VA 22201. Originally built in 2006 as an AKA extended stay hotel, it was bought and renovated into condos in 2014. Units features 9’+ ceilings, Hard Wood Floors, Quartz Countertops, Kitchenaid Architect Series Appliances, and loft style interiors. The buildings offers front desk, fitness center, Roof Top and secured garage parking. The building is all electric. It is located 2 blocks to the Virginia Square Metro or 4 blocks to Clarendon.

See Arc 3409 Condos For Sale

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New Construction in Falls Church City Helps Prices Drastically Increase

New construction in Falls Church City has TAKEN off! Average prices increased 49% over last year, days on the market averaged 34 and sellers averaged 98.3% of original asking price in Falls Church City.  The stats below are for all of Falls Church, not just the city of FC.

Single Family Homes
Average Net Sale Price: $721,184 in 25 days
Range: $336,000 – $1,726,000

Townhomes
Average Net Sale Price: $468,367 in 24 days
Range: $290,000 – $675,000

1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $183,333 after 35 days
Range: $118,000 – $235,000

2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $318,556 after 45 days
Range: $205,000 – $620,000

Find Out What Your Falls Church Home Is Worth or Search Falls Church Homes For Sale

August Real Estate Sales in McLean VA

Here’s the recap of the August real estate sales in McLean VA: a total of 70 homes sold, mostly single family homes. In 22101, prices were up an average 29%, days on the market averaged 74 and sellers averaged 94.7% of asking price. In 22102, prices took a small 4.9% dip, days averaged 50, and sellers averaged 93.9%.

22101

Single Family Homes
Average Sale Price: $1,442,729 in 54 days
Range: $674,150 – $4,200,000

22102

Single Family Homes
Average Sale Price: $1,451,205 in 93 days
Range: $650,000 – $2,550,000

1 Bedroom, 1 Bathroom Condos
Average Sale Price: $291,000 in 23 days
Range: $189,500 – $475,000

2 Bedroom, 2 Bathroom Condos
Average Sale Price: $380,006 in 21 days
Range: $274,025 – $448,000

Find Out What Your McLean Home Is Worth or  Search McLean Homes For Sale 

DC Real Estate Is Still Selling Quickly

DC real estate is still selling quickly! Properties during August sold for an average of 98.3% of original asking price, and on average in 37 days. Prices took a slight dip of only 0.94% compared to last year.

Single Family Homes
Average Sale Price: $739,695 in 36 days
Range: $60,000 – $1,937,500

Rowhomes/Townhomes
Average Sale Price: $652,290 in 25 days
Range: $80,000 – $3,495,000

1 Bedroom 1 Bathroom Condos/Coops
Average Sale Price: $335,331 in 29 days
Range: $55,000 – $899,000

2 Bedroom, 2 Bathroom Condos/Coops
Average Sale Price: $701,404 in 33 days
Range: $220,000 – $2,302,100

Find Out What Your DC Home Is Worth or  Search DC Homes For Sale 

Arlington Real Estate Market Slows in August, Sale Prices Still Up

Real estate activity took it’s usual August slow down in Arlington, but sale prices still went up just over 0.11%. Days on the market slowed to 36 and sellers averaged 97.7% of asking price. A total of 234 properties sold during August.

Single Family Homes

N. Arlington Average Net Sale Price: $924,738 in 21 days
Range: $544,000 – $1,820,000
S. Arlington Average Net Sale Price: $638,858 in 20 days
Range: $365,000 – $1,165,000

Townhomes
N. Arlington Average Net Sale Price: $850,545 in 22 days
Range: $565,000 – $1,147,000
S. Arlington Average Net Sale Price: $504,850 in 34 days
Range: $345,000 – $775,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $352,492 in 30 days
Range: $195,000 – $535,000
S. Arlington Average Net Sale Price: $252,790 in 52 days
Range: $107,00 – $382,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $572,908 in 26 days
Range: $314,500 – $860,000
S. Arlington Average Net Sale Price: $392,520 in 40 days
Range: $299,500 – $464,900

Search Arlington Homes For Sale or Find Out What Your Arlington Home Is Worth

Under Contract in a week in Ashton Heights

Under contract in 10 days!!
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neighborhood signDetails:

3125 Arlington Blvd, Arlington, VA 22201
$699,900
3 Bedrooms, 2 Bathrooms
Fully fenced and landscaped yard
Sunroom
Updated Kitchen
Fully finished basement
Stone Patio

For more pictures, visit the Virtual Tour

For more information, please email me at Laura@TheLJRGroup.com

 

Coming Soon To Ashton Heights!

Coming Soon to Ashton Heights! This classic, all-brick Colonial will be for sale next week in Ashton Heights:

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neighborhood signDetails:

3125 Arlington Blvd, Arlington, VA 22201
$699,900
3 Bedrooms, 2 Bathrooms
Fully fenced and landscaped yard
Sunroom
Updated Kitchen
Fully finished basement
Stone Patio

Open House, Sunday, September 7th, 1-4pm

For more pictures, visit the Virtual Tour

For more information, please email me at Laura@TheLJRGroup.com

 

Single Family Home Sales in McLean Going Strong

A total of 77 properties sold during July in McLean, VA. Single family home sales in McLean going strong – they make up the majority of the sales. Only 1 of the 77 was a foreclosure. In 22101, prices dropped slightly during the month but sellers averaged 96.2% of asking price and average days on the market were 61. In 22102, average prices were up 21%, sellers averaged 94.4% of asking price, and days on the market averaged 66.

22101

Single Family Homes
Average Sale Price: $1,152,685 in 43 days
Range: $582,700 – $2,300,000

Townhomes
Average Sale Price: $1,068,250 in 21 days
Range: $945,000 – $1,275,000

22102

Single Family Homes
Average Sale Price: $1,777,175 in 65 days
Range: $765,000 – $3,022,000

1 Bedroom, 1 Bathroom Condos
Average Sale Price: $330,700 in 48 days
Range: $263,000 – $475,000

2 Bedroom, 2 Bathroom Condos
Average Sale Price: $474,900 in 11 days
Range: $306,000 – $760,000

Find Out What Your McLean Home Is Worth or  Search McLean Homes For Sale 

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