Is Arlington County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Arlington County has remained a Seller's Market.
Housing Prices in Arlington County, VA
How much do homes in Arlington County, VA cost?
Median Sold Price
$748,621
$473/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arlington County was $748,621 in April 2024, up 8.8% from last year, and the median price per square foot was $473.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $339.5K | $340.9K | 0.4% |
2 Bedrooms | $557.3K | $585K | +5.0% |
3 Bedrooms | $865K | $915K | +5.8% |
4 Bedrooms | $1.1M | $1.2M | +4.3% |
5+ Bedrooms | $1.8M | $1.8M | 0.4% |
Summary: Arlington County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Counties
Arlington County | $688.2K | $748.6K | +8.8% |
Fairfax County | $651.2K | $690.6K | +6.1% |
Housing Supply in Arlington County, VA
How many homes are available in Arlington County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
517 | 634 | +22.6% |
Summary: The Arlington County real estate market had 634 homes for sale in April 2024, a 22.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 107 | 130 | +21.5% |
2 Bedrooms | 148 | 172 | +16.2% |
3 Bedrooms | 69 | 92 | +33.3% |
4 Bedrooms | 80 | 92 | +15.0% |
5+ Bedrooms | 113 | 148 | +31.0% |
Summary: The Arlington County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 31%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
167 | 193 | +15.6% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
87 Homes Were Sold
Over Asking
Summary: A total of 193 homes were sold or pending in Arlington County in April 2024, up by 15.6% month-over-month. Of the 193 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.
Days on Market for Arlington County, VA
How long does it take to sell a home in Arlington County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 22 Days | -20.1% |
Summary: Homes in Arlington County had an average of 22 days on market in Apr 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
158 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 193 homes were sold in Arlington County; 82% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.