Arlington, Va Real Estate Statistics for May 2016

Here are the real estate statistics for Arlington, Va for May 2016. may2016arlingtonrealestate

So what does this mean? Here are some of my takeaways from these numbers:

-Inventory continues to be low. In May of 2016 there were 641 listings, down from 685 this time last year.

-Buyers continue to be active. If you look at the Days on Market, 113 sold listings sold between 1 and 10 days. Many of these were likely multiple offer scenarios. A total of 193 homes spent less then 30 days on the market.

-The average days on market has creeped up to 46 from 44 last year and the average sold price has actually dropped from $645,354.00 to $$633,667.00. Total sold volume is up to $186,931,646 from $185,216,524.

So what does all of this mean? It means that buyers are active but they are looking for value. If they spot a home that they feel is a good dollar value, they will buy it (or at least try to). To sellers this means..be strategic when pricing your home. The Average detached home sold for an inconsequential .27% over May of last year and detached (townhouse/condo) sold for a significant 2.07% less then last year. So if you want to sell your home in that less then 30 days time frame you might be wise to look hard at the comparable for your property and not price yourself above what buyers would consider a good value.

Need some help pricing your home to sell? Contact an expert. 571-228-5656. janejensen@comcast.net. I’m here to help.

 


Just listed. Adorable duplex just steps to Metro

This 2 bedroom 1 bath updated duplex is right down the street from the Huntington Metro in popular Jefferson Manor. The kitchen and bath are updated. The lower level features a recreation room and storage area with 1 year old Washer Dryer. The back yard is your own private oasis with patio and beautiful landscaping. Expansive front lawn too. All this and off street parking in your own driveway. $424,900. Open 1-4 June 19. Call/Text/email me to see it. 571-228-5656. janejensen@comcast.net

 

2812 Farmington Dr. Alexandria, Va. 22303


Keeping Children Safe in Arlington

Of course, you already know that you need to stop for a stopped school bus. Now you know that if you don’t…you’ll get caught. Keep children safe. This from Arlington County:

 

School Bus Stop Arm Enforcement Program Restarts on July 1, 2016

Arlington, Va. – Beginning July 1, vehicles that illegally pass an Arlington Public Schools (APS) bus that is stopped for students are at risk for receiving a traffic ticket through the school district’s CrossingGuard School Bus Stop-Arm Safety Camera Program. The county’s program was temporarily paused while the state legislature passed legislation improving the operation of the student-safety focused program.

More than 20 Arlington school buses are outfitted with the CrossingGuard system, supplied by American Traffic Solutions. The system is used to reduce the number of vehicles that wrongfully pass stopped school buses and endanger children walking to or from the bus.

APS operates 165 buses that transport about 10,000 students to and from school each week. During the first four weeks of this school year, the CrossingGuard Program recorded 216 school bus stop arm violations across 19 days of operation.

The CrossingGuard school bus stop-arm safety solution mounts cameras and sensors on the side of the school bus. When the stop arm is deployed, the sensors automatically detect a vehicle illegally passing the stop arm in either direction or captures video of the violation including the vehicle’s license plate. The video is then reviewed by the Arlington County Police Department for approval prior to a citation being issued. In Virginia, the penalty for a stop-arm violation will warrant the vehicle’s owner a civil penalty of $250.

CrossingGuard is a completely automated, turnkey system that allows school bus drivers to focus on what is most important – the safety of their passengers. Answers to frequently asked questions about the program and Virginia traffic laws pertaining to school bus stop arms are available on the APS website at www.apsva.us/stoparmcameras.


Open House in N. Arlington rain or…rain

3205 N. Pershing St. You will want to check out this 1920s updated Bungalow. This home has all the things you love about a bungalow including that great front porch, large windows, beautiful molding, wood floors and more. The home has 5 bedrooms and 3 baths. You won’t want to miss the extra large flat lot just waiting for your imagination. All of this just .7 to the Clarendon Metro. Open 1-3 June 5.

Call me to see it 571-228-5656

Janejensen@comcast.net

Don’t forget to follow this blog to keep up Arlington Real Estate news.


Metro Work starting tomorrow on Arlington Orange Line

This is a message from Arlington Alert

METRO SAFETRACK

TRAVEL DISRUPTIONS ALERT

Who: Metrorail riders, and commuters and visitors who travel on the major roadways within Arlington County.

What: Metro SafeTrack severe service disruptions. Metro lines affected by SafeTrack maintenance work are expected to be extremely crowded, especially during rush hour. Expect significantly longer wait times. All commuters will be significantly affected due to the influx of additional traffic from rail riders who have resorted to driving to work.

When: 13 days between June 4 and June 16, 2016.

Where: Orange and Silver Lines. Metro will be running continuous single tracking at all times between the Ballston and East Falls Church stations. Orange Line trains between Vienna and Ballston will only operate every 18 minutes. Silver Line trains will operate every 18 minutes.

Why: Metro is performing accelerated track work on certain sections of the system for weeks at a time, in order to improve safety and reliability.

Information and resources: Download the ‘My Arlington’ App and use the ‘Alerts’ tab for updated Metro notifications. For more information visit https://topics.arlingtonva.us/safetrack/.