Focus On: Arlington County Housing Market Units Sold
Active Inventory
211
683
350 300 250
August 2011
Median Sale Price
Days On Market
$499,000
43
1,000
600,000
70
800
500,000
60
200
600
150
400
50
400,000
40
300,000
100 50 0
100,000
0
0
A-09 D-09 A-10 A-10 D-10 A-11 A-11
A-09 D-09 A-10 A-10 D-10 A-11 A-11
30
200,000
200
Down -8% Vs. Year Ago
20 10 0
A-09 D-09 A-10 A-10 D-10 A-11 A-11
Down -14% Vs. Year Ago
A-09 D-09 A-10 A-10 D-10 A-11 A-11
Up 14% Vs. Year Ago
Down -12% Vs. Year Ago
Units Sold* 160
Sold Detached
Sold Attached
Sold Condo/ Coop
140
Units Sold
There was a decrease in total units sold in August, with 211 sold this month in Arlington County versus 234 last month, a decrease of 10%. This month's total units sold was lower than at this time last year, a decrease of 8% versus August 2010.
120 100 80 60 40 20
Active Inventory*
0
Active Inventory
Versus last year, the total number of homes available this month is lower by 109 units or 14%. The total number of active inventory this August was 683 compared to 792 in August 2010. This month's total of 683 is lower than the previous month's total supply of available inventory of 751, a decrease of 9%.
Median Sale Price 600,000 500,000 400,000 300,000
Aug-10 $438,750
Aug-11 $499,000
1,000 900 800 700 600 500 400 300 200 100 0
Active Detached
Active Attached
Active Condo/ Coop
Median Sale Price
Last August, the median sale price for Arlington County Homes was $438,750. This August, the median sale price was approximately the same at $499,000. The current median sold price is 14% higher than in August 2010.
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.