$6,234 Closing Credit*
$525,000
1,290 SqFt
2 Beds
•2 Full Baths
Sarah A. Reynolds, Listing Office: Keller Williams Chantilly Ventures
Is Arlington County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$761,226
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,443(+5.5%)
Key Takeaway
Homes in Arlington County have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Arlington County was $761,226 in November 2024, up 5.5% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330.3K | $359K | +8.7% |
| 2 Bedrooms | $563.1K | $615K | +9.2% |
| 3 Bedrooms | $889.3K | $950K | +6.8% |
| 4 Bedrooms | $1.1M | $1.2M | +9.1% |
| 5+ Bedrooms | $1.7M | $1.8M | +3.2% |
Summary: Arlington County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Counties
| Fairfax County | $674K | $721.6K | +7.1% |
| Arlington County | $721.7K | $761.2K | +5.5% |
Housing Supply in Arlington County, VA
How many homes are available in Arlington County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 535 | 513 | -4.1% |
Summary: The Arlington County real estate market had 513 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 120 | 119 | -0.8% |
| 2 Bedrooms | 149 | 131 | -12.1% |
| 3 Bedrooms | 94 | 92 | -2.1% |
| 4 Bedrooms | 59 | 57 | -3.4% |
| 5+ Bedrooms | 113 | 114 | +0.9% |
Summary: The Arlington County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 0.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 164 | 137 | -16.5% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington County, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 137 homes were sold or pending in Arlington County in November 2024, down by 16.5% month-over-month. Of the 137 sold homes, 51% were sold under asking, 22% were sold at asking, and 27% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 28 Days | -6.6% |
Summary: Homes in Arlington County had an average of 28 days on market in Nov 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
98 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 137 homes were sold in Arlington County; 72% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
