Is Arlington County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arlington County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Arlington County has remained a Seller's Market.

Key Takeaway

Arlington County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Arlington County, VA cost?

Median Sold Price

$670,947

$459/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$28,323(-4.1%)

Key Takeaway

Homes in Arlington County have sold for 4.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $369.5K$360.7K
-2.4%
2 $551.7K$555K
+0.6%
3 $845.8K$890.8K
+5.3%
4 $1.0M$1.1M
+7.4%
5+ $1.5M$1.6M
+6.6%

Median Sold Price Compared To Nearby Counties

Fairfax County
+4.8%
Arlington County
-4.1%

How many homes are available in Arlington County, VA?

Number of Homes For Sale

Oct 2022Nov 2022%
917864-5.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 205194
-5.4%
2 274253
-7.7%
3 163148
-9.2%
4 114107
-6.1%
5+ 161162
+0.6%

Number of Homes Sold

Oct 2022Nov 2022%
170150-11.8%

Asking Price vs. Sold Price

89 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arlington County, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
29 Days36 Days+25.7%

Breakdown of Home Sale Times

90 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Arlington County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Arlington County, VA

Arlington County, VA has 864 homes on the market. The inventory of homes for sale in Arlington County, VA between October 2022 and November 2022 decreased by 5.8%. The median list price of listings available in November 2022 was $670,947, while the average time on the real estate market was 36 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 2.4% more cheaper, 2 bedrooms properties prices increased by 0.6%, the cost of 3 bedrooms properties went up by 5.3%, prices of 4 bedrooms properties increased by 7.4%, prices of 5 bedrooms properties increased by 6.6%. Volume of homes for sale changed: 1 bedroom homes became 5.4% less available, 2 bedrooms homes inventory decreased by 7.7%, 3 bedrooms homes became 9.2% less available, volume of 4 bedrooms homes went down by 6.1%, number of 5 bedrooms homes increased by 0.6%. In November 2022 more than 32 listings in Arlington County, VA were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 89 were sold below.

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