Is Arlington County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$761,345
$480/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Arlington County was $761,345 in June 2024, up 9.3% from last year, and the median price per square foot was $480.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $338.3K | $339.6K | 0.4% |
2 Bedrooms | $555K | $599.4K | +8.0% |
3 Bedrooms | $870K | $926.3K | +6.5% |
4 Bedrooms | $1.1M | $1.2M | +8.7% |
5+ Bedrooms | $1.8M | $1.8M | +2.7% |
Summary: Arlington County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Counties
Arlington County | $696.7K | $761.3K | +9.3% |
Fairfax County | $656.6K | $701.1K | +6.8% |
Housing Supply in Arlington County, VA
How many homes are available in Arlington County, VA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
643 | 653 | +1.6% |
Summary: The Arlington County real estate market had 653 homes for sale in June 2024, a 1.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 141 | 119 | -15.6% |
2 Bedrooms | 180 | 196 | +8.9% |
3 Bedrooms | 94 | 101 | +7.4% |
4 Bedrooms | 98 | 107 | +9.2% |
5+ Bedrooms | 130 | 130 | 0.0% |
Summary: The Arlington County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
213 | 179 | -16.0% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
57 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Summary: A total of 179 homes were sold or pending in Arlington County in June 2024, down by 16.0% month-over-month. Of the 179 sold homes, 34% were sold under asking, 32% were sold at asking, and 34% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
19 Days | 20 Days | +4.3% |
Summary: Homes in Arlington County had an average of 20 days on market in Jun 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
142 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During June 2024, 179 homes were sold in Arlington County; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.