$10,000 Closing Credit*
$1,375,000
3,198 SqFt
4 Beds
•3 Full Baths, 1 Partial
Marybeth G Fraser, Listing Office: KW Metro Center
Is Arlington County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
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.
Housing Prices in Arlington County, VA
How much do homes in Arlington County, VA cost?
Median Sold Price
$762,223
$487/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$44,515(+6.2%)
Key Takeaway
Homes in Arlington County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Arlington County was $762,223 in October 2024, up 6.2% from last year, and the median price per square foot was $487.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330.5K | $359.9K | +8.9% |
| 2 Bedrooms | $558.8K | $615K | +10.1% |
| 3 Bedrooms | $880.5K | $965.4K | +9.6% |
| 4 Bedrooms | $1.1M | $1.2M | +9.1% |
| 5+ Bedrooms | $1.7M | $1.8M | +4.3% |
Summary: Arlington County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Counties
| Fairfax County | $673.3K | $717.9K | +6.6% |
| Arlington County | $717.7K | $762.2K | +6.2% |
Housing Supply in Arlington County, VA
How many homes are available in Arlington County, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 535 | 583 | +9.0% |
Summary: The Arlington County real estate market had 583 homes for sale in October 2024, a 9.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 122 | 127 | +4.1% |
| 2 Bedrooms | 158 | 169 | +7.0% |
| 3 Bedrooms | 90 | 102 | +13.3% |
| 4 Bedrooms | 55 | 63 | +14.5% |
| 5+ Bedrooms | 110 | 122 | +10.9% |
Summary: The Arlington County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 10.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 140 | 157 | +12.1% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
56 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington County, expect to pay close to the asking price. 35.7% of homes here sold near the asking price last month.
Summary: A total of 157 homes were sold or pending in Arlington County in October 2024, up by 12.1% month-over-month. Of the 157 sold homes, 32% were sold under asking, 36% were sold at asking, and 32% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 27 Days | +36.1% |
Summary: Homes in Arlington County had an average of 27 days on market in Oct 2024, up by 36.1% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arlington County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 157 homes were sold in Arlington County; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
