SPRING MARKET!! What's the vibe?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wow it’s crazy that 1.5 million isn’t enough to buy a house in Arlington!

It is, but it won't be very nice. If you go just a couple miles to the west or south, you'll find exceptionally nice properties at that price, but many folks are obsessed with having that N Arl address.

Nah I’m obsessed with my 20 min door to door N Arlington to DC commute during rush. Priceless. Also fly regularly for work and getting to DCA during rush in 10 minutes is also perfection.

You pay for the convenience and boy do you get it.

Interesting, but those times don't hold for the vast majority of N Arl.

+1

Unless you are living in Rosslyn and working in Georgetown ...

If you live near Rt 50 in Arlington it also holds

Not at 8:00 am it doesn't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Here are REAL facts for 2026. I’m giving you Ciry, average sale price, says on market and what percentage went for over list. All areas seem basically the same. All markets strong. I’d say vienna is the strongest for sellers.

Arlington 806k 22 days 17% over list
Alexandria 657k 21 days 26% over list
Mclean 1.4M 29 days 13% over list
Vienna 1.1M 16 days 31% over list
Reston 619k 17 days 24% over list
Ashburn 791k 15 days 27% over list
Leesburg 837k 13 days 26% over list

Do You have City of Falls Church stats?

Not PP.

But I sold a house in FC this past month -- not FCC, technically it's in FFX, but the block is literally split between FCC and FFX so this may still be helpful for you...it sold for 11.8% over list.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here are REAL facts for 2026. I’m giving you Ciry, average sale price, says on market and what percentage went for over list. All areas seem basically the same. All markets strong. I’d say vienna is the strongest for sellers.

Arlington 806k 22 days 17% over list
Alexandria 657k 21 days 26% over list
Mclean 1.4M 29 days 13% over list
Vienna 1.1M 16 days 31% over list
Reston 619k 17 days 24% over list
Ashburn 791k 15 days 27% over list
Leesburg 837k 13 days 26% over list

Do You have City of Falls Church stats?

Not PP.

But I sold a house in FC this past month -- not FCC, technically it's in FFX, but the block is literally split between FCC and FFX so this may still be helpful for you...it sold for 11.8% over list.

And PP here again. That was in 3 days (and no open house).

[Anonymous]

This is nuts in LV - $1.8M for an original home on less than 6000 square foot lot. Redfin already shows it’s worth $300K less than what was paid

https://redf.in/kIGysA

[Anonymous]

Anonymous wrote:This is nuts in LV - $1.8M for an original home on less than 6000 square foot lot. Redfin already shows it’s worth $300K less than what was paid

https://redf.in/kIGysA

Also only 2 legal bedrooms. Jesus.

[Anonymous]

Anonymous wrote:Everything in our neighborhood is getting and accepting offers within a day of going live..if it isn't snapped up sooner. We live in a very attractive school pyramid in Northern VA.

What city? Northern VA is a big place.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is nuts in LV - $1.8M for an original home on less than 6000 square foot lot. Redfin already shows it’s worth $300K less than what was paid

https://redf.in/kIGysA

Also only 2 legal bedrooms. Jesus.

What? Is Jesus taking up one of the bedrooms????

[Anonymous]

We were planning to look at a house originally listed for $1.14M. Our agent informed the house had multiple offers the day it was opened. We were not available that weekend to check it out. Redfin shows it sold for $1.282M. The deal must have happened very quickly.
There are crazy overbids for Oakton high and Chantilly high pyramid.

[Anonymous]

Realtor here. Buyer activity is very high in Alexandria, Arlington, Falls Church, Springfield and Vienna. My last listing in Alexandria (FFX County) had 10 offers and went almost $100K over list, no contingencies and my clients got a free 2-month rent back. I wrote an offer for buyers for a home in Springfield last weekend and was beat out by another offer. There were 9 in total. My clients went $125K over list, waived all contingencies and offered a free rent-back. Both homes were in the $800K-1 million price point. I would also add that 30 percent of pending listings currently in my office were exclusive listings so they never even hit the mls. I have 2 buyers under contract in the $1.3m range and both those listings were private exclusive listings with Compass.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is nuts in LV - $1.8M for an original home on less than 6000 square foot lot. Redfin already shows it’s worth $300K less than what was paid

https://redf.in/kIGysA

Also only 2 legal bedrooms. Jesus.

What? Is Jesus taking up one of the bedrooms????

Hahahaha I read it that way, too! Like, it’s got those two bedrooms and also Jesus. Who may or may not sleep in one of the bedrooms. Knowing him, though? He probably just sleeps on the couch.

[Anonymous]

Anonymous wrote:Realtor here. Buyer activity is very high in Alexandria, Arlington, Falls Church, Springfield and Vienna. My last listing in Alexandria (FFX County) had 10 offers and went almost $100K over list, no contingencies and my clients got a free 2-month rent back. I wrote an offer for buyers for a home in Springfield last weekend and was beat out by another offer. There were 9 in total. My clients went $125K over list, waived all contingencies and offered a free rent-back. Both homes were in the $800K-1 million price point. I would also add that 30 percent of pending listings currently in my office were exclusive listings so they never even hit the mls. I have 2 buyers under contract in the $1.3m range and both those listings were private exclusive listings with Compass.

What is meant by getting rent back??

[Anonymous]

Anonymous wrote:

Anonymous wrote:Realtor here. Buyer activity is very high in Alexandria, Arlington, Falls Church, Springfield and Vienna. My last listing in Alexandria (FFX County) had 10 offers and went almost $100K over list, no contingencies and my clients got a free 2-month rent back. I wrote an offer for buyers for a home in Springfield last weekend and was beat out by another offer. There were 9 in total. My clients went $125K over list, waived all contingencies and offered a free rent-back. Both homes were in the $800K-1 million price point. I would also add that 30 percent of pending listings currently in my office were exclusive listings so they never even hit the mls. I have 2 buyers under contract in the $1.3m range and both those listings were private exclusive listings with Compass.

What is meant by getting rent back??

It's just like it sounds. The original sellers are able to rent back the property from the new buyers. In the above case, it sounds like the buyers offered the "rent back" for free which is a benefit to the sellers. Hope that helps.

[Anonymous]

Anonymous wrote:Realtor here. Buyer activity is very high in Alexandria, Arlington, Falls Church, Springfield and Vienna. My last listing in Alexandria (FFX County) had 10 offers and went almost $100K over list, no contingencies and my clients got a free 2-month rent back. I wrote an offer for buyers for a home in Springfield last weekend and was beat out by another offer. There were 9 in total. My clients went $125K over list, waived all contingencies and offered a free rent-back. Both homes were in the $800K-1 million price point. I would also add that 30 percent of pending listings currently in my office were exclusive listings so they never even hit the mls. I have 2 buyers under contract in the $1.3m range and both those listings were private exclusive listings with Compass.

Interesting re the 30% private exclusive. Do you see people list private exclusive to test the waters and see if anyone bites? As in they don’t have to sell but would for the right price?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Realtor here. Buyer activity is very high in Alexandria, Arlington, Falls Church, Springfield and Vienna. My last listing in Alexandria (FFX County) had 10 offers and went almost $100K over list, no contingencies and my clients got a free 2-month rent back. I wrote an offer for buyers for a home in Springfield last weekend and was beat out by another offer. There were 9 in total. My clients went $125K over list, waived all contingencies and offered a free rent-back. Both homes were in the $800K-1 million price point. I would also add that 30 percent of pending listings currently in my office were exclusive listings so they never even hit the mls. I have 2 buyers under contract in the $1.3m range and both those listings were private exclusive listings with Compass.

What is meant by getting rent back??

It basically means the sellers stay in the house for a set period of time after the closing date. The house closes, so the house is now owned by the buyers, but the sellers still live there. So they become tenants. The buyers rent the property "back" to the sellers.

[Anonymous]

This is all terribly depressing to read. My gorgeous DC SFH is just sitting and sitting.