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Amazon HQ2 News Roundup: Summer 2021

Campus news and trends impacting Arlington County and surrounding communities

As Amazon continues developing its new HQ2 headquarters location in the National Landing area in Arlington County (made up of Crystal City, Pentagon City, and Potomac Yard), the online retail giant continues expanding its footprint.

Recent happenings with direct impact to Arlington residents include:

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Amazon looking to add 2,500 more employees to the 3,000 already assigned to HQ2

There are currently more than 3,000 Amazon employees assigned to HQ2 in Arlington, VA — more than double the number of employees this time last year.

And, Amazon is currently looking to hire more than 2,500 additional corporate employees for a variety of jobs at HQ2, including software development engineers, technical sales representatives, program managers, and solutions architects.

Amazon will be holding a virtual career day on Wednesday, September 15. You can register for the free event online.

Amazon’s $2.5 billion investment in HQ2 and the surrounding area will result in 25,000 Amazon jobs over the next decade and thousands of indirect jobs across the entire region.

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Amazon’s green transportation incentives benefit Crystal City and surrounding neighborhoods, not just Amazon employees

While Amazon already subsidizes parking or public transportation for its HQ2 employees in Arlington, Virginia, it will now pay employees even more if they bike to work.

This latest green-friendly bike-to-work incentive, and others (including encouraging employees to choose public transportation over their single-occupancy vehicles), is part of a multifaceted string of initiatives intended to lower Amazon’s carbon footprint in communities, including ours, where it operates.

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Roaches Run and Rock Creek Park inspiring 2nd phase water feature

Local water systems are inspiring Amazon HQ2’s “Pen Place,” ​​the name the company has dubbed the more than 2.5 acres of publicly accessible park area in Arlington that will give employees and county-wide residents alike an “immersive botanical experience” with its connections to existing parks in the county.

*** Did you know? Arlington County parks ranked 4th in the nation (again) by the @trustforpublicland?

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Amazon HQ2’s development in the Crystal City area of Arlington has further tightened an already competitive real estate market throughout our county. To stay abreast of Amazon HQ2’s continued impact on Arlington County’s real estate market and local communities, please follow my Arlington Life blog or my Facebook page.

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Arlington Housing Market Remains Steady So Far In 2021

While the Coronavirus pandemic continues to upend our lives, it has not impacted the strength of the Arlington, VA, real estate market.

The Arlington County housing market remains steady with the number of all homes sold during the first half of 2021 increasing while the average home sales price for all homes up 1.2 percent compared to 2020.
However, while prices for single-family homes and townhomes grew and the time it takes to sell them remained steady (townhomes) or went down slightly (single-family), condo values dropped and the time to sell them increased by 57 percent from 21 days to 33 days.

This reinforces the shift I am still seeing of home buyers moving away from purchasing condominiums and instead buying single-family homes, as people look for more space to accommodate home offices and home gyms.
Now, let’s look at the housing market numbers for the first half of this year:

Arlington County Home Sales Have Increased

There were 1,776 homes sold in Arlington from January 1 through June 30, 2021. That’s up 9 percent from the last 6 months of 2020. And I expect home sales for all of 2021 to increase by 20 percent over 2020.

Overall Home Prices Were Up 1.2% In Arlington, Led By Townhomes

While the average home sales price in Arlington during the first six months of 2021 was only up 1.2 percent to $787,067 versus 2020’s $777,414, there was a wide range of changes depending on the type of property:

  • Townhome prices jumped 4.7% to $736,398 from $703,453.
  • Single-family home prices were up 3.8% to $1,234,573 from $1,189,498.
  • Condo prices were down 3.2% to $453,426 from $463,210.

Arlington remains a strong seller’s market (except for condos) and I continue to see homes that are updated, staged to look their best, and ready to move in receiving multiple offers and price escalation clauses.
If you’re looking to buy in the Arlington area see how I can help you buy a home, or download my Home Buyer’s Guide to help orientate you on not just the overall process but also how we can collaborate together!

And, if you are looking to sell your Arlington home check out the five ways I can help you sell.

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New Cherrydale Farmers Market Joins 8 Other Arlington Farmers Markets

I visited the grand opening of the new Cherrydale Farmers Market. Some 20 vendors were offering fruits and veggies and everything from breakfast sandwiches to barbecue.

One of my favorite finds was the Borek Turkish Pastry and spicy Hummus from Chia Catering of Stone Ridge. And there were Cannoli Kits at Caputo Brothers Creamery of Spring Grove, PA, and smoked local Virginia Trout from Cold Country Salmon of Zion Crossroads, VA.

Cherrydale Farmers Market, which replaces the Marymount University Farmers Market, is located at Dorothy Hamm Middle School (4100 Vacation Lane) on Saturday mornings from 8 a.m. to noon. It will be open through Nov. 20, the Saturday before Thanksgiving.
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Arlington Housing Market Stayed Strong In 2020 With Prices Up 10.5%

While the Coronavirus pandemic upended life in 2020, it did not impact the Arlington, VA, real estate market as much as expected.

The Arlington County housing market remained strong with the number of homes sold in 2020 remaining steady while the average home sales price increased 10.5 percent compared to 2019.

One notable change was the shift to home buyers moving away from purchasing condominiums and instead to buying townhomes as people looked for more space to accommodate home schooling and home offices.

Now, let’s take a little deeper dive into the 2020 housing market numbers:

Arlington County Home Sales Overall Were Flat In 2020

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What We Call “Home” Is Taking On A New Meaning … And Other Such Thoughts As We Near 2021

As we enter further into a time of year that many refer to as “the holiday season,” my mind swarms with so many thoughts about the state of home buying and selling affairs, not just in our immediate area of Arlington, Virginia, but nationally as well.

Now that the presidential election has ended, and the days of autumn inch closer towards the upcoming winter season, I can’t help but think about all that’s happened in 2020 as well as what awaits us all in the coming new year.

At random, here are some of my various thoughts that come to mind as I reflect on the whirlwind that’s been 2020 and what I hope and see for 2021:
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Celebrating Veterans Day In Arlington, VA

Veterans Day (Wednesday, Nov. 11), honors all veterans who have served in the U.S. Armed Forces. Celebrating Veterans Day in Arlington, VA, this year will be done a little differently because of the Coronavirus pandemic.

Arlington National Cemetery Ceremony Live Stream

The Veterans Day National Ceremony at Arlington National Cemetery — where that beautiful photo above was taken — will include the traditional wreath laying at the Tomb of the Unknown Soldier and multiple speakers.

However, while the cemetery is open to the public, the ceremony this year will be limited to official participants. But you can watch the ceremony from anywhere with this live stream starting at 10:50 a.m.

You can learn more with the 2020 Veterans Day visitor FAQ.

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How To Register And Vote In Arlington, VA

Today is National Voter Registration Day, and we’re only six weeks away from the 2020 General Election. Do you have what you need to cast your ballot in Arlington? If not, here is how to register and vote in Arlington, VA.

3 Ways To Register To Vote in Arlington

If you’re unsure if you’re registered to vote, check your registration status online first. You can also call the Arlington Office of Voter Registration at 703-228-3456.

You do not need to register to vote in Virginia again if you are already registered at your current address. However, if your name or address has changed, you should update your registration to avoid delays when you vote.
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This Beautiful Arlington Home Went Under Contract In Just 5 Days!

Our local real estate market, despite tight inventories and challenges presented by COVID19, has continued to stay active and homes for sale in our area don’t last long; many fly off the market in a matter of a few short days!

This summer, I assisted a variety of clients and families in buying or selling their homes in our immediate area but the home featured in this post was a favorite:

5729 8TH ST N, ARLINGTON, VA, 22205

This beautiful 4BR/3.5BA home in Arlington went under contract in 5 days!

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