Arlington County Housing Market Data

There was an increase in total units sold in April, with 297 sold this month in Arlington County Real Estate versus 227 last month, an increase of 31%. This month's total units sold was higher than at this time last year, an increase of 16% versus April 2012.

Click here to compare the units sold of this area against other locations.

Versus last year, the total number of homes available this month is lower by 255 units or 41%. The total number of active inventory this April was 369 compared to 624 in April 2012. This month's total of 369 is higher than the previous month's total supply of available inventory of 314, an increase of 18%.

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Last April, the median sale price for Arlington County Homes was $545,000. This April, the median sale price was $560,000, an increase of 3% or $15,000 compared to last year. The current median sold price is 8% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

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In April, there was 1.2 months of supply available in Arlington County, compared to 2.4 in April 2012. That is a decrease of 49% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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This month there were 452 homes newly listed for sale in Arlington County compared to 417 in April 2012, an increase of 8%. There were 341 current contracts pending sale this April compared to 337 a year ago. The number of current contracts is 1% higher than last April.

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Click here to compare the current contracts of this area against other locations.

In April, the average sale price in Arlington County was 99.8% of the average list price, which is 1.5% higher than at this time last year.

Click here to compare the sale price to list price ratio of this area against other locations.

This month, the average number of days on market was 27, lower than the average last year, which was 50, a decrease of 46%.

Click here to compare the days on market of this area against other locations.




Focus On: Arlington County Housing Market			April 2013
Units Sold 297	Active Inventory 369	Median Sale Price $560,000	Days On Market 27

Up 16% Vs. Year Ago	Down -41% Vs. Year Ago	Up 3% Vs. Year Ago	Down -46% Vs. Year Ago

iCharts		Units Sold There was an increase in total units sold in April, with 297 sold this month in Arlington County Real Estate versus 227 last month, an increase of 31%. This month's total units sold was higher than at this time last year, an increase of 16% versus April 2012. Click here to compare the units sold of this area against other locations.
Active Inventory Versus last year, the total number of homes available this month is lower by 255 units or 41%. The total number of active inventory this April was 369 compared to 624 in April 2012. This month's total of 369 is higher than the previous month's total supply of available inventory of 314, an increase of 18%. Click here to compare the active inventory of this area against other locations.		iCharts
iCharts		Median Sale Price Last April, the median sale price for Arlington County Homes was $545,000. This April, the median sale price was $560,000, an increase of 3% or $15,000 compared to last year. The current median sold price is 8% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. Click here to compare the median sale price of this area against other locations.



New Listings 452	Current Contracts 341	Sold Vs. List Price 99.8%	Months of Supply 1.2

Up 8% Vs. Year Ago	Up 1% Vs. Year Ago	Up 1.5% Vs. Year Ago	Down -49% Vs. Year Ago

iCharts		Months of Supply In April, there was 1.2 months of supply available in Arlington County, compared to 2.4 in April 2012. That is a decrease of 49% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. Click here to compare the months of supply of this area against other locations.
New Listings & Current Contracts This month there were 452 homes newly listed for sale in Arlington County compared to 417 in April 2012, an increase of 8%. There were 341 current contracts pending sale this April compared to 337 a year ago. The number of current contracts is 1% higher than last April. Click here to compare the new listings of this area against other locations. Click here to compare the current contracts of this area against other locations.		iCharts
iCharts		Sale Price to List Price Ratio In April, the average sale price in Arlington County was 99.8% of the average list price, which is 1.5% higher than at this time last year. Click here to compare the sale price to list price ratio of this area against other locations.
Days on Market This month, the average number of days on market was 27, lower than the average last year, which was 50, a decrease of 46%. Click here to compare the days on market of this area against other locations.		iCharts



*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.