Snow and Selling Your Home

snow

Does this look like your street today? Don’t forget if you’re selling your home you MUST keep sidewalks, driveways and walkways clear so buyers and agents can get into your home easily. If someone gets hurt on your property it could be your responsibility, but even more importantly, you don’t want someone to drive away without looking because they couldn’t get in!

If your home is vacant, go check on the roof, the pipes and your basement. Make sure nothing gave out under the weight of this heavy snow and ice, nothing is leaking, and no pipes burst in the cold weather! This is prime pipe bursting weather!

Sell Your Arlington Home! PLEASE!

I’m talking to you, yes you…if you have THOUGHT about selling your home, or just want to know what it might get in the market..SELL YOUR ARLINGTON HOME NOW! PLEASE! There are ONLY 29 detached homes on the market right now priced under $1,100,000. That is NOTHING. There is nothing to buy right now. In the last 4 months in North Arlington, which is the dead season of the real estate market, there were 175 homes sold or pending in that price range. 96 of them sold in under 10 days. 64% of them sold in under a month.

Sell your house. Now! Don’t wait until the “Spring” when everyone else is waiting to sell…sell NOW when you’re the only house for someone to buy. There are so many anxious buyers out there looking for the right house.

Examples:

9thST 6078 9th St N, Arlington, VA 22205 – Priced at $575,000, 3 bedrooms, 1 Bathrooms, No Updates, No Yard. 8 offers. Still pending.

 

 

 

Stafford 1826 Stafford St N, Arlington, VA 22207 – Priced at $950,000, 1900 Farm House with 5 Bedrooms, 2.5 bathrooms, Radiator Heating. 10 offers. Still pending.

 

 

 

22ndST

5710 22nd St N, Arlington, VA 22205 – Priced at $929,900, 4 Bedrooms, 3.5 Bathrooms, 1 Car Garage, Nice Yard, Somewhat Updated. 6 offers. Sold for $954,500.

 

 

 

Those are just a couple of examples of our market. If you have ever even thought about it, let’s talk. 703-283-6120 or email me Laura@TheLJRGroup.com

January 2015 Arlington Real Estate Statistics

Below is a summary of the January 2015 Arlington Real Estate Statistics for Arlington, VA. Average sale price was up 17.8%, days on the market averaged 72, units sold was up over 4% to 146. Condos increased 4.2% from 2014, single family homes with 4 or more bedrooms increased 21.8%, and townhomes with 3 bedrooms increased over 32%.

Single Family Homes

N. Arlington Average Net Sale Price: $1,066,808 in 58 days
Range: $520,000 – $2,300,000
S. Arlington Average Net Sale Price: $611,540 in 31 days
Range: $340,000 – $905,600

Townhomes
N. Arlington Average Net Sale Price: $891,794 in 59 days
Range: $561,000 – $1,300,000
S. Arlington Average Net Sale Price: $604,483 in 20 days
Range: $471,000 – $725,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $381,026 in 63 days
Range: $180,000 – $565,000
S. Arlington Average Net Sale Price: $262,149 in 64 days
Range: $93,750 – $327,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $545,636 in 40 days
Range: $394,000 – $769,020
S. Arlington Average Net Sale Price: $392,300 in 45 days
Range: $305,000 – $462,900

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

Under Contract in 4 days at The Sierra Condo!

Under Contract in 4 days at The Sierra Condo in Arlington!

Web_Floor Plan-Kitchen_1Unit 111
2 Bedroom, 2 Bathroom, 1,281 sq ft
$345,000
1 Parking Space
Balcony overlooking the terrace
Building amenities include: front desk staff, fitness center, garage parking, computer room, and bike storage

For a full gallery of pictures, click here.

 

Arlington New Construction Spotlight: Rosslyn Key

A new townhome community is being built in Arlington called the Rosslyn Key.  A planned project of 25 townhomes of 3 models, each with an elevator, rooftop terrace, 3 bedrooms, 4-levels, high end finishes, hardwood floors, tankless hot water heater, dual zone heating and cooling, and Thermador appliances. They will be located in 2 rows along N 16th Rd where it meets N Oak Street. Rosslyn Key is 3 blocks to the Rosslyn metro.

Search Rosslyn Key Townhomes For Sale

Rosslyn Key

Just Listed At The Sierra Condo in Arlington!

Now for sale at The Sierra Condo in Arlington!

Web_Floor Plan-Kitchen_1Unit 111
2 Bedroom, 2 Bathroom, 1,281 sq ft
$345,000
1 Parking Space
Balcony overlooking the terrace
Building amenities include: front desk staff, fitness center, garage parking, computer room, and bike storage

For a full gallery of pictures, click here.

 

Under Contract at Clarendon 1021 in 6 Days!

Took just 6 days, 35 groups through the open house and about 14 private agent showings to put this one under contract!

Web_Exterior-Rooftop Terrace_1

Imagine the 4th of July Fireworks party you could have on this PRIVATE patio! 
Now for sale at Clarendon 1021:

1021 N Garfield St, Unit 907, Arlington, VA 22201
$795,000
2 Bedrooms Plus Den (or small 3rd bedroom), 2 Bathrooms
1,244 sq ft
2 Full Size Parking Spaces
Storage (located on the same floor as the condo)
2 blocks to Clarendon Metro
Building features: Gym, Rooftop Pool and Hot Tub, 24-hour Front Desk, On Site Manager, Meeting Room, and Underground Parking

For a full virtual tour, click here.

How Babies Help The Real Estate Market

At my open house yesterday at Clarendon 1021, we had about 35 groups come through. This is a 2 bedroom plus den unit, so you can imagine there was a vast spectrum of people looking at the unit. However, one conversation I kept having over and over again was from couples thinking about having a baby or newly pregnant or newly engaged and thinking about kids down the line.

Having gone through the child rearing process now twice, I have some interesting perspective on when, where and how to move with a kid (or more than 1).

My husband and I were in a 2 bedroom condo when my older son was born. Quickly, I lost my home office to the nursery and we lost our dining room to my office. Baby toys, swings, chairs, blankets, strollers, etc. quickly took over our entire unit (as a side note: baby stuff, no matter how big your house is, somehow makes it everywhere. It just takes over everything.) Once he was mobile (crawling, not walking yet), the place shrunk even more! I had to get out!! We moved out of the condo when he was 10 months old. We had to rent a storage unit to “de-baby” the condo to put it on the market. Dealing with nap time, cleaning up after everyone, specific showings hours, etc. can get to be a lot of stress. Luckily, the transition for him was easy because he was too young to really understand what was going on (and we were crazy enough to paint his new room the same color as it was in the condo). I think the toddler years may be a harder time to move a kid to a new house (I am not a therapist, just a mom who has read too many books.)

So that said…what would I have done differently?

I probably would have moved when I was pregnant, but we weren’t ready to give up Clarendon yet. Nor did I know as a first-time mom how small my condo was going to feel when you work from home and are bound to a baby!

We all do the best we can with the finances we have, so if you’re not able to move or unwilling to move, there’s no rush. Babies don’t know the difference until they want to run around outside for hours (and you want them to too!).

It’s interesting to be an outside and watch as life events help the real estate market. Engagements/weddings, babies, divorce, empty nesters, promotions, and more. Those big life events somehow tend to include moving and new real estate. Some of them are to be celebrated, others mourned, but either way buying and selling can be stressful times, even without a baby! Hire someone to help you through the process who has been there, or who understands what you’re going through!

Contact Laura

For Sale at Clarendon 1021: Open House Sunday

Web_Exterior-Rooftop Terrace_1

Imagine the 4th of July Fireworks party you could have on this PRIVATE patio! 
Now for sale at Clarendon 1021:

1021 N Garfield St, Unit 907, Arlington, VA 22201
$795,000
2 Bedrooms Plus Den (or small 3rd bedroom), 2 Bathrooms
1,244 sq ft
2 Full Size Parking Spaces
Storage (located on the same floor as the condo)
2 blocks to Clarendon Metro
Building features: Gym, Rooftop Pool and Hot Tub, 24-hour Front Desk, On Site Manager, Meeting Room, and Underground Parking

For a full virtual tour, click here.

Open House Sunday 1/25 from 1-4pm

Arlington County Real Estate 2014 Wrap Up

The Arlington County real estate 2014 wrap up, end of year numbers are in! Overall, it was a really great year for the market. Sales were generally fast when priced correctly, some properties made sizeable gains for prices, and new home sales picked up. Here’s how the numbers compared to 2013:

  • Average Sale Price UP 2.92%
  • Days on the Market UP by 2 to an average of 40 days
    • However, 43% of the sales in 2014 sold within the first 10 days on the market
  • Average Sale Price Compared to Original List Price was 97.7% (this was down a bit from last year)
  • Single Family Homes with 4 or more bedrooms saw an average 5.7% increase in price
  • Townhomes with 3 bedrooms saw on average 3.98% increase in price
  • Condos saw a small drop of 1.34% in price
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