Market Statistics

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.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

NEW!  Long & Foster is now publishing a monthly “Market Minute” report.

Market Minutes for June 2010 for Arlington County, Virginia

This report is a monthly in-depth overview of market statistics in Arlington, Virginia and includes information about units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market.

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.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

Long & Foster Market Minute May 2010 for Arlington County, Virginia

This report is a monthly in-depth overview of market statistics in Arlington, Virginia and includes information about units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market.

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.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

Click here for Long & Foster’s Market Minute Report for Arlington County for April 2010

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.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

Data Source:   Metropolitan Regional Information Systems (MRIS)

Click here to view the report for Arlington County for March 2010.

This report is a monthly in-depth overview of market statistics in Arlington, Virginia and includes information about units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market.

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.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

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 neighborhood.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

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.  You can also search for homes in the MLS system in your neighborhood by signing up for a free Listingbook account by going to this site.

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)

November  2009 Market Statistics for Arlington County, Virginia

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

Arlington County, Virginia

The average sold price of single family detached homes in Arlington County,Virginia in July of 2009 was $719,524, down 5% from July 2008.  The average number of days homes stayed on the market was 69, down from 81 days a year ago.  There were 381 active listings, down slightly from 382 in July 2008 and 91 sales, up from 87 sales at this time last year.

Condominium prices in Arlington averaged $372,277, up 1% from  July of 2008.  Days on the market averaged 59 days in July 2009, down slightly from 65 days in July 2008.  There were 446 active listings, down from 495 quoted last year and 156 sales, up substantially from 109 in July 2008.

Attached home prices remained stable  with an average sold price of $589,928 in July 2009 compared to $588,635 a year ago.  Days on market was down from 94 to 38 and active listings were down from 124 to 88.  The number of sales was down  from 26 in July 2008 to 21 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)

June 2009 Market Statistics for

Arlington County, Virginia

The average sold price of single family detached homes in Arlington County, Virginia in June of 2009 was $687,002, down 8% from June 2008.  The average number of days homes stayed on the market was 67, just slightly up from 66 days a year ago.  There were 402 active listings, up from 394 in June 2008 and 112 sales, up 49% from 75 sales at this time last year.

Condominium prices in Arlington averaged $344,114, down 2% from  June of 2008.  Days on the market averaged 62 days in June 2009, up slightly from 56 days in June 2008.  There were 457 active listings, down from 522 quoted last year and 134 sales, up 20% compared to 112 in June 2008.

Attached home prices were down 3% with an average sold price of $517,440 in June 2009 compared to $531,745 a year ago.  Days on market was down from 75 to 53 and active listings were down from 118 to 91.  The number of sales was down 35% from 26 in June 2008 to 17 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)

May 2009 Market Statistics for

Arlington County, Virginia

The average sold price of single family detached homes in Arlington County, Virginia in May of 2009 was $706,394, down 5% from May 2008.  The average number of days homes stayed on the market was 103, up from 68 days a year ago.  There were 424 active listings, up from 407 in May 2008 and 92 sales, up 16% from 79 sales at this time last year.

Condominium prices in Arlington averaged $357,769, up 3% from May of 2008.  Days on the market averaged 66 days in May 2009, up slightly from 63 days in May 2008.  There were 475 active listings, down from 514 quoted last year and 116 sales, down 3% compared to 119 in May 2008.

Attached home prices were down 4% with an average sold price of $556,303 in May 2009 compared to $578,620 a year ago.  Days on market was down from 75 to 53 and active listings were down from 133 to 98.  The number of sales was up 30% from 23 in May 2008 to 30 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)

April 2009 Market Statistics for

Arlington County, Virginia

The average sold price of single family detached homes in Arlington County, Virginia in April of 2009 was $736,003, down 9% from April 2008.  The average number of days homes stayed on the market was 91, up from 83 days a year ago.  There were 430 active listings, up from 409 in April 2008 and 65 sales, down from 75 at this time last year.

Condominium prices in Arlington averaged $362,679, down 7% from April of 2008.  Days on the market averaged 80 days in April 2009, up from 65 days in April 2008.  There were 485 active listings, down from 510 quoted last year with 108 sales, up 15%  compared to 94 in April 2008.

Attached home prices were down 18% with an average sold price of $545,689 in April 2009 compared to $666,047 a year ago.  Days on market was up from 58 to 97 and active listings were down from 123 to 103.  The number of sales was up 18% from 17 in April 2008 to 20 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.

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.

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4 responses to “Market Statistics

  1. Pingback: Arlington County Market Statistics for March 2009 « All Around Arlington

  2. Pingback: Market Statistics for April 2009 « All Around Arlington

  3. Pingback: Market Statistics for May 2009 are now available « All Around Arlington

  4. Pingback: Market Statistics for July 2009 « All Around Arlington

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