Focus On: Arlington County Housing Market Units Sold
Active Inventory
175
751
900 800 700 600 500 400 300 200 100 0
350 300 250 200 150 100 50 0
S-09
J-10 M-10 S-10
Median Sale Price
Days On Market
$480,000
49
600,000
70
500,000
60 50
400,000
40
300,000
30
200,000
20
100,000
10 0
0
S-09
J-11 M-11 S-11
September 2011
Down -6% Vs. Year Ago
J-10 M-10 S-10
J-11 M-11 S-11
S-09 J-10 M-10 S-10 J-11 M-11 S-11
Down -8% Vs. Year Ago
S-09
Up 4% Vs. Year Ago
J-10 M-10 S-10
J-11 M-11 S-11
Up 11% 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 September, with 175 sold this month in Arlington County versus 217 last month, a decrease of 19%. This month's total units sold was lower than at this time last year, a decrease of 6% versus September 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 67 units or 8%. The total number of active inventory this September was 751 compared to 818 in September 2010. This month's total of 751 is higher than the previous month's total supply of available inventory of 685, an increase of 10%.
Median Sale Price 600,000 500,000 400,000 300,000
Sep-10 $460,750
Sep-11 $480,000
500 400 300 200 100 0
Median Sale Price
Last September, the median sale price for Arlington County Homes was $460,750. This September, the median sale price was $480,000, an increase of 4% or $19,250 compared to last year. The current median sold price is 3% lower than in August.
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.