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Buy, Sell or Hold in the Arlington Real Estate Market?

By Geva Lester

Time to buy, sell or hold? What is the current status of the Arlington real estate market? Is now a good time to sell or buy? Let the numbers of the Arlington real estate market help guide you.

arlington real estate market

October 2015 Arlington Real Estate Market

Days on Market

The Arlington real estate market is still a very strong market. Depending upon the location and price point, there are many homes selling with multiple offers. The average days on market for sold real estate in Arlington is 48 while the Mid-Atlantic region is seeing an average of about 71 for the same period of time. For all the real estate sold in Arlington, this is still a very good average as it takes into account the dogs on the market as well as homes in all price points.

Price

When considering the sales price point for Arlington real estate, it is nice to see a healthy steady climb of appreciation on average. Arlington real estate market statistics show that for January – October 2016 single family homes have risen in value by 2.06% over the same period of time in 2014. This is a nice health, sustainable amount of growth in real estate.

Households Sold

The number of single family homes sold in Arlington is 921 units with a 5.26% growth over the same period in 2014. As for attached units such as condos and townhouses, 1,539 households sold demonstrating a 5.63% growth.

Whether you are looking to buy, sell or invest in real estate in Arlington or Northern Virginia, let me help guide you while making that decision.

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