Focus On: Arlington County Housing Market
August 2013
Units Sold
Active Inventory
Median Sale Price
Days On Market
292
430
$499,450
26
400
800
600,000
70
350
700
550,000
60
300
600
500,000
50
250
500
450,000
40
200
400
400,000
30
150
300
350,000
20
100
200
300,000
A-11 D-11 A-12 A-12 D-12 A-13 A-13
A-11 D-11 A-12 A-12 D-12 A-13 A-13
Up 13% Vs. Year Ago
10
A-11 D-11 A-12 A-12 D-12 A-13 A-13
Down -14% Vs. Year Ago
A-11 D-11 A-12 A-12 D-12 A-13 A-13
Down -2% Vs. Year Ago
Down -42% Vs. Year Ago
Units Sold* 180
Sold Detached
Sold Attached
Sold Condo/ Coop
160
Units Sold The number of units sold remained stable in August, with 292 sold this month in Arlington County. This month's total units sold was higher than at this time last year, an increase of 13% versus August 2012.
140 120 100 80 60 40 20
Active Inventory*
0 800
Active Detached
Active Attached
Active Condo/ Coop
700
600
Active Inventory Versus last year, the total number of homes available this month is lower by 69 units or 14%. The total number of active inventory this August was 430 compared to 499 in August 2012. This month's total of 430 is lower than the previous month's total supply of available inventory of 440, a decrease of 2%.
Median Sale Price 600,000 500,000 400,000 300,000
Aug-12 $510,000
Aug-13 $499,450
500 400
300 200
100 0
Median Sale Price Last August, the median sale price for Arlington County Homes was $510,000. This August, the median sale price was $499,450, a decrease of 2% or $10,550 compared to last year. The current median sold price is 5% lower than in July.
200,000 100,000 0
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
*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.