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March was another good month for Arlington real estate, prices inched up almost 2% over averages of last year. The biggest sign our market is strong: over 51% of the properties sold in March sold within 30 days. A total of 195 sold in March, of which 7 were short sales and 9 were foreclosures. [...]
Posts Tagged ‘arlington real estate’
Real Estate Prices Continue to Rise in Arlington
March 12th, 2012 
Laura Prices increased 4.73% over February 2011! Yet another strong month for Arlington. With the price increase came an increase in total unit sold (174), and an increase in how much properties were selling for compared to their original list price (95.7%). Inventory dropped 7.6% from last year, helping the price increase. A total of 10 [...]
Why Are So Many Condos For Sale in One Building?
March 5th, 2012 Laura I was holding an open house yesterday at my listing in Courthouse at 1800 Wilson (1800Wilson.com). Currently, there 5 units there for sale (either active or pending), most within the last 2 weeks. A gentleman came in and asked me a great question, he said “I noticed a handful of new condos up for sale [...]
Arlington Neighborhood Spotlight: Chain Bridge Terrace
March 1st, 2012 Laura A group of 8 luxury single family attached homes, originally built in 2001 by J.L. Albrittain Inc Custom Builders. These luxury, 4,000-6,000 sq ft+ homes feel like they’re detached, but they’re actually classified as townhomes. There’s a small HOA fee that covers snow removal, paving, and the master insurance policy. These homes have a 2-car [...]
Posted in Arlington 
Tags: arlington neighborhoods, arlington real estate, luxury townhomes 
No Comments »Appraisals and Tax Assessments – What’s The Difference? Is There A Correlation?
February 24th, 2012 Laura There is commonly some confusion between an appraisal and an assessment. It’s important to know the difference when you’re buying, selling, refinancing, or just in general as a homeowner. One is an actual indicator of your home value, while the other is a lagging indicator of value used to assess your property taxes for the [...]
Prices Skyrocket During January in Arlington
February 14th, 2012 Laura Overall, average sale prices were up 9.86% in January over 2011. Undoubtedly fueled by the fact that inventory levels were down 12%, days on the market decreased to an average of 77, while properties were selling on average at 95.4% of the original list price. In January, 122 properties sold, of which 6 were short sales and [...]
Arlington Neighborhood Spotlight: Brookwood Townhomes
February 9th, 2012 Laura Another small 4-unit townhome community in Arlington with no HOA fee. These 4 townhomes are located on a cul-de-sac off of the 6900 block of Fairfax Blvd, Arlington, VA 22213 just 0.7 miles from the East Falls Church Metro station. These units were built in 1988, feature a 1-car garage, driveway, patio or deck area, [...]
Posted in Arlington Tags: arlington real estate, arlington townhomes, East Falls Church No Comments »The Market Is Hot, But My House Still Isn’t Selling – What Gives?
February 8th, 2012 Laura The past few weeks have been incredible for our real estate market. Properties get listed for sale and shortly go under contract, lately with multiple offers. Yet there are still some properties that just aren’t selling even though inventory is ridiculously low. So what gives? As of this writing, there are 307 properties in Arlington under contract. [...]
Don’t Worry If You Feel Like You Don’t Know How To Buy A House
February 7th, 2012 Laura Don’t worry if you feel overwhelmed by the process, or if your friends seem to know everything about it. If you’ve never gone through the process of actually house hunting and purchasing a home, how would you expect to know how it works? Most TV shows only show the house hunting part but not the [...]
Questions to Ask When Interviewing An Agent To Sell Your House
February 3rd, 2012 Laura Every agent would love the opportunity to sell your house, but sometimes it may not be the right fit. Finding the right agent for your personality and style is important, just as important as finding one who will do a great job selling your home for the most money. Here’s a handy list to ask: [...]
