Focus On: Arlington County Housing Market Units Sold
Active Inventory
140
Median Sale Price
718
300 250 200 150 100 50 0
O-09 F-10
J-10 O-10 F-11
42
600,000
70
500,000
60 50
400,000
40
300,000
30
200,000
20
100,000
10 0
0
O-09 F-10
J-11 O-11
Days On Market
$487,500
900 800 700 600 500 400 300 200 100 0
350
October 2011
Down -22% Vs. Year Ago
J-10
O-10 F-11
J-11
O-11
O-09 F-10 J-10 O-10 F-11 J-11 O-11
Down -12% Vs. Year Ago
O-09 F-10
Down -3% Vs. Year Ago
J-10 O-10 F-11
J-11 O-11
Up 5% 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 October, with 140 sold this month in Arlington County versus 176 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 22% versus October 2010.
120 100 80 60 40 20
Active Inventory*
0 900
Active Detached
Active Attached
Active Condo/ Coop
800 700 600
Active Inventory
Versus last year, the total number of homes available this month is lower by 94 units or 12%. The total number of active inventory this October was 718 compared to 812 in October 2010. This month's total of 718 is lower than the previous month's total supply of available inventory of 766, a decrease of 6%.
Median Sale Price 600,000 500,000 400,000 300,000
Oct-10 $502,500
Oct-11 $487,500
500 400 300 200 100 0
Median Sale Price
Last October, the median sale price for Arlington County Homes was $502,500. This October, the median sale price was $487,500, a decrease of 3% or $15,000 compared to last year. The current median sold price is 1% higher than in September.
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.