Focus On: Arlington County Housing Market Units Sold
Active Inventory
231
736
350 300 250
July 2011
Median Sale Price
Days On Market
$500,000
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
J-09
J-09 N-09 M-10 J-10 N-10 M-11 J-11
30
200,000
200
Up 1% Vs. Year Ago
N-09 M-10 J-10
N-10 M-11 J-11
20 10 0
J-09 N-09 M-10 J-10 N-10 M-11 J-11
Down -11% Vs. Year Ago
J-09 N-09 M-10 J-10 N-10 M-11 J-11
Down -6% Vs. Year Ago
Up 13% Vs. Year Ago
Units Sold* 160
Sold Detached
Sold Attached
Sold Condo/ Coop
140
Units Sold
There was an increase in total units sold in July, with 231 sold this month in Arlington County versus 220 last month, an increase of 5%. This month's total units sold was higher than at this time last year, an increase of 1% versus July 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 93 units or 11%. The total number of active inventory this July was 736 compared to 829 in July 2010. This month's total of 736 is lower than the previous month's total supply of available inventory of 774, a decrease of 5%.
Median Sale Price 600,000 500,000 400,000 300,000
Jul-10 $529,990
Jul-11 $500,000
1,000 900 800 700 600 500 400 300 200 100 0
Active Detached
Active Attached
Active Condo/ Coop
Median Sale Price
Last July, the median sale price for Arlington County Homes was $529,990. This July, the median sale price was $500,000, a decrease of 6% or $29,990 compared to last year. The current median sold price is 6% lower than in June.
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.