August 2011 Market Minute for Arlington County

July 2011 Market Minute for Arlington County

 

June 2011 Market Statistics for Arlington County

The average price of a single family
home in Arlington in June of 2011 was $793,576, up 1% from June 2010 when the
average price was $788,042. The average number of days homes stayed on the
market was 33, down from 48 in 2010. There were 271 active listings, down 1%
from a year ago and 114 sales, down 10% from a year ago, resulting in a supply
of about 2 ½ months. Condominium prices averaged $390,014, up 6% from June of
2010 when the average price was $369,044. Days on the market averaged 51 days
in June 2011, up from 47 days in June 2010. There were 381 active listings,
down 3% from 444 quoted last year and 114 sales, down 19% from 141 sales
reported in June 2010 (3 1/2 months’ supply). Attached home prices were down 3%
with an average sold price of $555,845 in June 2011. Days on market was 36 days
compared to 33 a year ago. There were 61 active listings compared to 60 in June
2010 and the number of sales was down 24% with 22 sales in June 2011 compared
to 29 in 2011, resulting in a supply of just over 2 1/2 months.

These figures do not necessarily mean
that the current market value of your home has decreased or increased in value
by the percentages shown. Each month we are looking at a different “basket of
goods”. For example, one year June June have more new single family homes which
tend to be larger and higher priced or another year June might have a new condo
building going to settlement with high volume. An Arlington Realtor can help
you determine what your home is worth by analyzing recent sales of comparable
homes in your immediate neighborhood. You can also search for homes in the MLS
system in your neighborhood by going to this site.

Data Source: Metropolitan Regional
Information Systems

May 2011 Market Statistics for Arlington County Virginia

The average price of a single family home in Arlington in May of 2011 was $801,086, up 8% from May 2010 when the average price was $743,802.  The average number of days homes stayed on the market was 53, up from 38 in 2010.  There were 276 active listings, up 2% from a year ago and 93 sales, up 1% from a year ago, resulting in a supply of about 3 ½ months. Condominium prices averaged $399,742, up 11% from May of 2010 when the average price was $361,615.  Days on the market averaged 54 days in May 2011, up from 46 days in May 2010.  There were 369 active listings, down 20% from 459 quoted last year and 104 sales, down 28% from 144 sales reported in May 2010 (2 1/2 months’ supply). Attached home prices were up 4% with an average sold price of $595,828 in May 2011.  Days on market was 51 days compared to 39 a year ago.  There were 57 active listings compared to 61 in May 2010 and the number of sales was  down 42% with 21 sales in May 2011 compared to 36 in 2011, resulting in a supply of just over 2 1/2 months..

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year May may have more new single family homes which tend to be larger and higher priced or another year May might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.  You can also search for homes in the MLS system in your neighborhood by going to this site.

Data Source:   Metropolitan Regional Information Systems

April 2011 Market Statistics for

The average price of a single family home in Arlington in April of 2011 was $732,011, down 6% from April 2010 when the average price was $766,857.  The average number of days homes stayed on the market was 72, up slightly from 65 in 2010.  There were 264 active listings, up 1% from a year ago and 77 sales, down 20% from a year ago, resulting in a supply of about 3 ½ months. Condominium prices averaged $366,132, up 5% from April of 2010 when the average price was $347,940.  Days on the market averaged 76 days in April 2011, up from 45 days in April 2010.  There were 372 active listings, down 20% from 466 quoted last year and 116 sales, down 16% from 138 sales reported in April 2010 (just under 3 months’ supply). Attached home prices were up 16% with an average sold price of $620,450 in April 2011.  Days on market was 49 days compared to 50 a year ago.  There were 52 active listings compared to 64 in April 2010 and the number of sales was  down 25% with 21 sales in April 2011 compared to 28 in 2011, resulting in a supply of about 2 1/2 months..

Keep in mind that April 2010 was the deadline for contracts to receive the tax credit, so numbers were unusually high.  The rest of the year’s figures should be more representative of how the market is doing.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year April may have more new single family homes which tend to be larger and higher priced or another year April might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.  You can also search for homes in the MLS system in your neighborhood by going to this site.

Data Source:   Metropolitan Regional Information Systems

March 2011 Market Statistics for Arlington County

The average price of a single family home in Arlington in March of 2011 was $732,041, up 3% from March 2010 when the average price was $712,483.  The average number of days homes stayed on the market was 73, down from 90 in 2010.  There were 219 active listings, down 8% from a year ago and 60 sales, down 22% from a year ago, resulting in a supply of about 3 ½ months. Condominium prices averaged $421,108 up 13% from March of 2010 when the average price was $373,112.  Days on the market averaged 78 days in March 2011, up from 57 days in March 2010.  There were 321 active listings, down 19% from 395 quoted last year and 109 sales, down 9% from 120 sales reported in March 2010 (just under 3 months’ supply). Attached home prices were up 18% with an average sold price of $653,160 in March 2011.  Days on market was 99 days compared to 42 a year ago.  There were 45 active listings compared to 51 in March 2010 and the number of sales was up 39% with 25 sales in March 2011 compared to 18 in 2011, resulting in a supply of under 2 months..

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year March may have more new single family homes which tend to be larger and higher priced or another year March might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.  You can also search for homes in the MLS system in your neighborhood by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

February 2011 Market Statistics for Arlington County

The average price of a single family home in Arlington in February of 2011 was $730,872, up 9% from February 2010 when the average price was $667,993.  The average number of days homes stayed on the market was 57, down from 72 in 2010.  There were 170 active listings, down 8% from a year ago and 49 sales, up 14% from a year ago, resulting in a supply of about 3 ½ months. Condominium prices averaged $445,512, up 22% from February of 2010 when the average price was $365,403.  Days on the market averaged 84 days in February 2011, up from 55 days in February 2010.  There were 298 active listings, down 16% from 356 quoted last year and 95 sales, up 27% from 75 sales reported in February 2010 (just over 3 months supply). Attached home prices were down 6% with an average sold price of $495,908 in February 2011.  Days on market was 53 days compared to 55 a year ago.  There were 42 active listings compared to 54 in February 2010 and the number of sales was down 14% with 12 sales in February 2011 compared to 14 in 2011, resulting in a supply of 3 1/2 months..

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year February may have more new single family homes which tend to be larger and higher priced or another year February might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.  You can also search for homes in the MLS system in your neighborhood by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

January 2011 Market Statistics for Arlington County

The average price of a single family home in Arlington in January of 2011 was $682,250, down 8% from January 2010 when the average price was $749,763.  The average number of days homes stayed on the market wa77, down from 90 in 2010.  There were 176 active listings, down 20% from a year ago and 53 sales, up 20% from a year ago, resulting in a supply of just over 3 months. Condominium prices averaged $364,121, up 1% from January of 2010 when the average price was $359,042.  Days on the market averaged 72 days in January 2011, up from 59 days in January 2010.  There were 326 active listings, down 19% from 403 quoted last year and 68 sales, down 4% from 71 sales reported in January 2010 (just under 5 months supply). Attached home prices were up 30% with an average sold price of $539,386 in January 2011.  Days on market was 107 days compared to 35 a year ago.  There were 47 active listings compared to 62 in January 2010 and the number of sales was down 53% with 7 sales in January 2011 compared to 15 in 2011, resulting in a supply of just under 7 months..

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year January may have more new single family homes which tend to be larger and higher priced or another year January might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.  You can also search for homes in the MLS system in your neighborhood by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

December 2010 Market Statistics for Arlington County

The average price of a single family home in Arlington in December of 2010 was $793,207, up 4% from December 2009 when the average price was $786,183.  The average number of days homes stayed on the market was 66, up from 56 in 2009.  There were 228 active listings, down 6% from a year ago and 83 sales, down 20% from a year ago, resulting in a supply of just under 3 months. Condominium prices averaged $390,633, down 1% from December of 2009 when the average price was $395,874.  Days on the market averaged 70 days in December 2010, up from 59 days in December 2009.  There were 414 active listings, up 3% from 401 quoted last year and 84 sales, up 6% from 79 sales reported in December 2009 (just under 5 months supply). Attached home prices were up 14% with an average sold price of $592,539 in December 2010.  Days on market was 65 days compared to 97 a year ago.  There were 64 active listings compared to 78 in December 2009 and the number of sales was up 100% with 34 sales in December 2010 and only 17 in 2010, which would mean there is less than 2 months supply if this sales pace continues.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year December may have more new single family homes which tend to be larger and higher priced or another year December might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

November 2010 Market Statistics for Arlington County

The average price of a single family home in Arlington in November of 2010 was $729,114, up 6% from November 2009 when the average price was $689,655.  The average number of days homes stayed on the market was 63, the same as in 2009.  There were 287 active listings, also the same number as a year ago and 62 sales, down 27% from a year ago. Condominium prices averaged $392,213, up 5% from November of 2009 when the average price was $374,228.  Days on the market averaged 79 days in November 2010, up from 42 days in November 2009.  There were 483 active listings, up 11% from 437 quoted last year and 81 sales, down 31% from 118 sales reported in November 2009. Attached home prices were up 21% with an average sold price of $611,527 in November 2010.  Days on market was 57 days compared to 58 a year ago.  There were 82 active listings compared to 79 in November 2009 and the number of sales was down 8% with 22 sales in November 2010 and 24 in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year November may have more new single family homes which tend to be larger and higher priced or another year November might have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

October 2010 Market Statistics for Arlington County

The average price of a single family home in Arlington in October of 2010 was $731,718, up 2% from October 2009 when the average price was $716,039.  The average number of days homes stayed on the market was 65, up slightly from 63 days a year ago.  There were 340 active listings, down 10% from 377 in October 2009 and 82 sales, up 15% from a year ago. Condominium prices averaged $356,360, nearly identical to October of 2009 when the average price was $356,839.  Days on the market averaged 52 days in October 2010, up from 39 days in October 2009.  There were 503 active listings, up 4% from 484 quoted last year and 73 sales, down 39% from 119 sales reported in October 2009. Attached home prices were down 4% with an average sold price of $576,684 in October 2010.  Days on market was 47 days compared to 28 a year ago.  There were 95 active listings compared to 89 in October 2009 and the number of sales was down 11% with 17 sales in October 2010 and 19 in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year October have more new single family homes which tend to be larger and higher priced or another year October have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

September 2010 Market Statistics for Arlington County

The average price of a single family home in Arlington in September of 2010 was $647,241, down 6% from September 2009 when the average price was $691,720.  The average number of days homes stayed on the market was 58, down from 63 days a year ago.  There were 347 active listings, down 6% from 370 in September 2009 and 65 sales, down 17% from a year ago. Condominium prices averaged $386,791, up 10% from September of 2009.  Days on the market averaged 61 days in September 2010, up from 54 days in September 2009.  There were 520 active listings, up 17% from 446 quoted last year and 93 sales, down 25% from 124 sales reported in September 2009. Attached home prices were up 34% with an average sold price of $624,065 in September 2010.  Days on market was 72 days compared to 101 a year ago.  There were 90 active listings compared to 91 in September 2009 and the number of sales was unchanged with 17 sales in September 2009 and in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year September have more new single family homes which tend to be larger and higher priced or another year September have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

August 2010 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington, Virginia in August of 2010 was $753,012, up 2% from August 2009 when the average price was $741,484.  The average number of days homes stayed on the market was 64, down from 77 days a year ago.  There were 321 active listings, down 11% from 361 in August 2009 and 81 sales, down 7% from a year ago. Condominium prices averaged $363,421, up 2% from August of 2009.  Days on the market averaged 60 days in August 2010, down from 81 days in August 2009.  There were 498 active listings, up 14% from 436 quoted last year and 118 sales, up 20% from 98 sales reported in August 2009. Attached home prices were up 3% with an average sold price of $565,352 in August 2010.  Days on market was 40 days compared to 52 a year ago.  There were 86 active listings compared to 87 in August 2009 and the number of sales was down 33% from 24 sales in August 2009 to 16 sales in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year August have more new single family homes which tend to be larger and higher priced or another year August have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

July 2010 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington, Virginia in July of 2010 was $768,243 up 7% from July 2009 when the average price was $719,524.  The average number of days homes stayed on the market was 47, down from 69 days a year ago.  There were 333 active listings, down 13% from 381 in July 2009 and 96 sales, down 20% from a year ago.Condominium prices averaged $394,263, up 6% from July of 2009.  Days on the market averaged 52 days in July 2010, down from 59 days in July 2009.  There were 546 active listings, up 22% from 448 quoted last year and 98 sales, down 37% from 156 sales reported in July 2009.Attached home prices were down 12% with an average sold price of $519,091 in July 2010.  Days on market was 51 days compared to 38 a year ago.  There were 85 active listings compared to 88 in July 2009 and the number of sales was up 5% from 21 sales in July 2009 to 22 sales in 2010.These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year July have more new single family homes which tend to be larger and higher priced or another year July have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.  Data Source:   Metropolitan Regional Information Systems (MRIS)

June 2010 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington,Virginia in June of 2010 was $788,042 up 15% from June 2009 when the average price was $687,002.  The average number of days homes stayed on the market was 48, down from 67 days a year ago.  There were 355 active listings, down 12% from 402 in June 2009 and 127 sales, up 13% from a year ago.

Condominium prices averaged $369,044, up 7% from June of 2009.  Days on the market averaged 47 days in June 2010, down from 62 days in June 2009.  There were 567 active listings, up 24% from 457 quoted last year and 141 sales, up 5% from 134 sales reported in June 2009.

Attached home prices were up 11% with an average sold price of $573,466 in June 2010.  Days on market was down to 33 days compared to 56 a year ago.  There were 88 active listings compared to 91 in June 2009 and the number of sales was up 16% from 25 sales in  June 2009 to 29 sales in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods”.  For example, one year June have more new single family homes which tend to be larger and higher priced or another year June have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

May 2010 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington,Virginia in May of 2010 was $743,802, up 5% from May 2009 when the average price was $706,394.  The average number of days homes stayed on the market was 36, down from 103 days a year ago.  There were 351 active listings, down 17% from 424 in May 2009 and 92 sales, unchanged from a year ago.

Condominium prices averaged $361,615, up 1% from May of 2009.  Days on the market averaged 46 days in May 2010, down from 66 days in May 2009.  There were 577 active listings, up 21% from 475 quoted last year and 144 sales, up 24% from 116 sales reported in May 2009.

Attached home prices were up 3% with an average sold price of $572,745 in May 2010.  Days on market was down to 39 days compared to 53 a year ago.  There were 87 active listings compared to 98 in May 2009 and the number of sales was up 20% from 30 sales in  May 2009 to 36 sales in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

April 2010 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington,Virginia in April of 2010 was $766,857, up 4% from April 2009 when the average price was $736,003.  The average number of days homes stayed on the market was 65, down from 91 days a year ago.  There were 370 active listings, down 14% from 430 in April 2009 and 96 sales, up 48% from 66 sales at this time last year.  Sales in the $900,000-$999,999 price range were up 200% from a year ago.
Condominium prices averaged $347,940, down 4% from April of 2009.  Days on the market averaged 45 days in April 2010, down  from 80 days in April 2009.  There were 627 active listings, up 29% from 485 quoted last year and 138 sales, up 28% from 108 sales reported in April 2009.
Attached home prices were down 2%  with an average sold price of $536,544 in April 2010.  Days on market was down to 50  days compared to 97 a year ago.  There were 102 active listings compared to 103 in April 2009 and the number of sales was up 40% from 20 sales in  April 2009 to 28 sales in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

March 2010 Market Statistics for Arlington County, Virginia

With many reports of homes getting multiple offers and selling above list price, it looks like the real estate market in Arlington VA is making a rebound earlier than most parts of the country.   The average sale price of single family detached homes in Arlington,Virginia in March of 2010 was $712,483, up 16% from March 2009 when the average price was $612,747.  The average number of days homes stayed on the market was 90, up slightly from 87 days a year ago.  There were 326 active listings, down 16% from 386 in March 2009 and 77 sales, up 26% from 61 sales at this time last year.

Condominium prices averaged $373,112, down 7% from March of 2009.  Days on the market averaged 57 days in March 2010, down  from 75 days in March 2009.  There were 556 active listings, up 13% from 492 quoted last year and 120 sales, up 46% from 82 sales reported in March 2009.
Attached home prices were up 13%  with an average sold price of $551,911 in March 2010.  Days on market was down to 42  days compared to 65 a year ago.  There were 95 active listings compared to 108 in March 2009 and the number of sales was down from 23 sales in  March 2009 to 18 sales in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

February 2010 Market Statistics for Arlington County, Virginia

Despite two back to back record breaking snowfalls, the market statistics in February 2009 show positive improvements over the same period last year.  The average sale price of single family detached homes in Arlington County,Virginia in February of 2010 was $667,993, up 5% from February 2009 when the average price was $634,304.  The average number of days homes stayed on the market was 72, down from 90 days a year ago.  There were 262 active listings, down 30% from 372 in February 2009 and 43 sales, up 48% from 29 sales at this time last year.

Condominium prices averaged $365,403, up 4% from February of 2009.  Days on the market averaged 55 days in February 2010, down  from 90 days in February 2009.  There were 462 active listings, up slightly from 451 quoted last year and 75 sales, up 39% from 54 sales reported in February 2009.

Attached home prices were down 3%  with an average sold price of $526,679 in February 2010 but this is such a small sampling this may not indicate an actual drop in prices of a particular home .  Days on market was down to 55  days compared to 82 a year ago.  There were 84 active listings compared to 102 in February 2009 and the number of sales was up 40%  from 10 sales in  February 2009 to 14 sales in 2010.

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate

Data Source:   Metropolitan Regional Information Systems (MRIS)

January 2010 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington County,Virginia in January of 2010 was $749,763, up 14% from January 2009 when the average price was $655,650.  The average number of days homes stayed on the market was 90, down from 97 days a year ago.  There were 277 active listings, down from 347 in January 2009 and 44 sales, up  22% from 36 sales at this time last year.

Condominium prices averaged $359,042, up 2% from  January of 2009.  Days on the market averaged 59 days in January 2010, down  from 87 days in January 2009.  There were 428 active listings, down from 438 quoted last year and 71 sales, up 18% from 60 sales in January 2009.

Attached home prices were down 14%  with an average sold price of $413,593 in  Janary 2010.  Days on market was down to 35  days compared to 53 a year ago.  There were 80 active listings compared to 90 in January 2009 and the number of sales was down  from 21 sales in  January 2009 to 15 sales in 2010 .

These figures do not necessarily mean that the current market value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  An Arlington Realtor can help you determine what your home is worth by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems (MRIS)

December  2009 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington County,Virginia in December  of 2009 was $766,183, up 10% from December 2008 when the average price was $695,460.  The average number of days homes stayed on the market was 56, down from 81 days a year ago.  There were 242 active listings, down from 338 in  December 2008 and 104 sales, up  73% from 60 sales at this time last year.  Most notably, sales were up drastically in some of the higher price points with an increase in the $600,000-$699,999 price range of 525%, an increase in the $900,000-$999,999 price range of 400%  and an increase int he $1 million plus range of 143%.
Condominium prices in Arlington averaged $395,874, down 5% from  December of 2008.  Days on the market averaged 59 days in December 2009, down slightly from 63 days in  December  2008.  There were 401 active listings, down from 421 quoted last year and 79 sales, down from 92 sales in  December 2008.

Attached home prices were up 7%  with an average sold price of $519,764 in  December 2009.  Days on market was up in this category at 96 dayscompared to 66 a year ago.  There were 78 active listings compared to 100 in December 2008 and the number of sales was down  from 26 sales in  December 2008 to 17 sales in 2009 .
These figures do not necessarily mean that the value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  A Realtor can help you determine the current market value of your home by analyzing recent sales of comparable homes in your immediate neighborhood.
Data Source:   Metropolitan Regional Information Systems Inc. (MRIS)

The average sale price of single family detached homes in Arlington County,Virginia in November  of 2009 was $689,655, up 4% from November 2008 when the average price was $662,046.  The average number of days homes stayed on the market was 63, nearly the same as the 62 days quoted a year ago.  There were 287 active listings, down from 364 in  November 2008 and 88 sales, up  35% from 65 sales at this time last year.

Condominium prices in Arlington averaged $374,228, up 14% from  November of 2008.  Days on the market averaged 42 days in November 2009, down considerably from 78 days in  November  2008.  There were 437 active listings, down from 475 quoted last year and 118 sales, up 122% from 53 sales in November 2008.

Attached home prices were up 10%  with an average sold price of $506,308 in  November 2009.  Days on market was relatively constant with 58 days compared to 62 a year ago.  There were 79 active listings compared to 107 in November 2008 and the number of sales was down  slightly from 26 sales in  November  2008 to 24 sales in 2009 .
These figures do not necessarily mean that the value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  A Realtor can help you determine the current market value of your home by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems Inc. (MRIS)

October 2009 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington County,Virginia in October of 2009 was $716,039, down 2% from October 2008 when the average price was $729,948.  The average number of days homes stayed on the market was 63, down slightly from 65 days a year ago.  There were 377 active listings, down from 399 in  October 2008 and 71 sales, up  16% from 61 sales at this time last year.
Condominium prices in Arlington averaged $356,839, down 12% from  October of 2008.  Days on the market averaged 39 days in  October 2009, down substantially from 63 days in  October  2008.  There were 484 active listings, nearly the same as the 483 quoted last year and 119 sales, up 49%  from 80 sales in  October 2008.

Attached home prices were up 4%  with an average sold price of $603,384 in  October 2009.  Days on market was down dramatically from 91 to 28 and active listings were down from 107 to 89.  The number of sales was down  from 26 sales in  October 2008 to 19 sales in 2009 .

These figures do not necessarily mean that the value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  A Realtor can help you determine the current market value of your home by analyzing recent sales of comparable homes in your immediate neighborhood.

Data Source:   Metropolitan Regional Information Systems Inc. (MRIS)

September 2009 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington County,Virginia in September of 2009 was $691,720, nearly the same as September 2008 when the average price was $694,345.  The average number of days homes stayed on the market was 63, down from 91 days a year ago.  There were 370 active listings, down from 393 in September 2008 and 78 sales, up  18% from 66 sales at this time last year.
Condominium prices in Arlington averaged $351,700, down 8% from  September of 2008.  Days on the market averaged 54 days in September 2009, down substantially from 73 days in September  2008.  There were 446 active listings, down slightly from 454 quoted last year and 124 sales, up 38%  from 90 sales in September 2008.

Attached home prices were also down 8%  with an average sold price of $467,132 in September 2009.  Days on market was down slightly from 106 to 101 and active listings were down from 106 to 91.  The number of sales was down  from 26 sales in September 2008 to 17 sales in 2009 .

These figures do not necessarily mean that the value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  A Realtor can help you determine the current market value of your home by analyzing recent sales of comparable homes in your immediate neighborhood.
Data Source:   Metropolitan Regional Information Systems Inc. (MRIS)

August 2009 Market Statistics for Arlington County, Virginia

The average sale price of single family detached homes in Arlington County,Virginia in August of 2009 was $741,484 down 8% from August 2008.  The average number of days homes stayed on the market was 77, down from 87 days a year ago.  There were 361 active listings, up from 349 in August 2008 and 87 sales, up slightly from 85 sales at this time last year.

Condominium prices in Arlington averaged $357,392, down 19% from  August of 2008.  Days on the market averaged 81 days in August 2009, up from 65 days in August  2008.  There were 436 active listings, up just 1  from 435 quoted last year and 128 sales, up slightly from 121 in August 2008.

Attached home prices remained stable  with an average sold price of $548,497 in August 2009, a 2% increase when compared to $536,604 a year ago.  Days on market was down from 95 to 52 and active listings were down from 96 to 87.  The number of sales was down just one from 25 sales in August 2008 to 24 sales in 2009 .

These figures do not necessarily mean that the value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  A Realtor can help you determine the current market value of your home by analyzing recent sales of comparable homes in your immediate neighborhood.
Data Source:   Metropolitan Regional Information Systems Inc. (MRIS)

July 2009 Market Statistics for

June 2009 Market Statistics for

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March 2009 Market Statistics for

Arlington County, Virginia

The average sold price of single family detached homes in Arlington County, Virginia in March of 2009 was $612,747, down 18% from March 2008.  The days on the market was 87, up from 80 days a year ago.  There were 386 active listings, up just slightly from 382 in March 2008 and 61 sales, down from 75 at this time last year.

Condominium prices in Arlington averaged $399,244, up 5% from March of 2008.  Days on the market has fluctuated during the year but was 75 in March 2009, the same as March 2008.  There were 492 listings, nearly identical to the 494 quoted last year with 82 sales compared to 89 in March 2008.Attached home prices were down 7% with an Average sold price of $490,273 in March 2009 compared to $525,042 a year ago.  Days on market was up from 36 to 65 and active listings and number of homes sold remained fairly constant with 108 listings (compared to 110 last year) and 23 sales (compared to 22 in 2008).

These figures do not necessarily mean that the value of your home has decreased or increased in value by the percentages shown.  Each month we are looking at a different “basket of goods” .  For example, one year may have more new single family homes which tend to be larger and higher priced or another year may have a new condo building going to settlement with high volume.  A Realtor can help you determine the current market value of your home by analyzing recent sales of comparable homes in your immediate neighborhood.