Buy Alexandria Real Estate: Arlington Virginia Real Estate Market Snapshot April 2012

Alexandria Virginia Real Estate Blog

Arlington Virginia Real Estate Market Snapshot April 2012

What's Happening today in the Arlington, Virginia Real Estate Market?

The chart below details all of the closed home sales activity in Arlington, Virginia for March 2012:

Arlington VA March 2012 Statistics

Sales volume for March 2012 is exactly the same in terms of the number of sales and up slightly on total dollar volume from March 2011.  Days on market is down 5% from last March and median sales prices are up almost 9% in Arlington.

Here's a snapshot of the current market for Arlington Virginia home sales at the end of April 2012:

  • Active homes for sale:  565 -- 239 homes, or over 42% of these Arlington homes have come on the market within the last 30 days!
  • 700 homes have sold in Arlington since the beginning of 2012, or an average of 175/month.  At this rate, there's currently 3.22 months of inventory on the market in Arlington.  Very good news if you're planning to sell your Arlington home!

  • Average listing price in Arlington, VA: $723,351
  • Price range: The least expensive listing price in Arlington is $69,900. The most expensive home is listed for $6,000,000.

  • Average days on market: 71 days.

  • There's an additional 516 homes in Arlington that are currently under contract pending sale. 318 of those contracts were ratified within the last 30 days.

As you can see from the stats above, Arlington remains a very active market.

** Find a Home in Arlington**

 

Thank you for reading my blog post.  If you like what you’ve read, then please:

Follow, Connect, Watch, Subscribe

Follow Brian Block on TwitterBecome a Fan of Block Real Estate Group on FacebookConnect with Brian on LinkedInWatch Brian's Videos on YouTubeSubscribe to Brian's Blog

If you plan to purchase or sell a home in the Northern Virginia or D.C. area,
you can visit my main Northern Virginia & D.C. real estate website at www.VirginiaRealEstateNews.net.

START YOUR NORTHERN VIRGINIA HOME SEARCH TODAY!

Comment balloon 5 commentsBrian Block • April 30 2012 10:07AM

Comments

Great chart Brian.  Arlington is an odd bird.  It seems to be different than the rest of the area, but recently perhaps not so substantially.

Posted by Jay Markanich, Home Inspector - servicing all Northern Virginia (Jay Markanich Real Estate Inspections, LLC) about 6 years ago

The activity in  <a href=http://www.zippyshell.com/nova/>self storage Virginia </a>  is experiencing is steady, one indication that the Virginia real estate market is getting stronger.  Does this show Virginia moving out of the real estate downturn?  Too soon to tell.  It may not signal the end but as Winston Churchill once said, “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” 

 

Posted by Zippy Shell of Northern Virginia about 6 years ago

Interesting statistics Brian.

Posted by Will Nesbitt, Nesbitt Realty is a family-run brokerage. (Nesbitt Realty at Condo Alexandria) about 6 years ago

Looks like the market is GREAT!  Happy to hear the good news!

Posted by Maya Thomas LLC, Broker, Key West FL Historic Old Town Estates, Bungalows (Key West, Key Haven, Geiger, Sugarloaf, Cudjoe, Summerland) about 6 years ago

Brian, It's been a really long time! Where have you been kiddo?

Posted by Shannon Lefevre, Shannon Lefevre, PA Your Naples Smart Girl (John R. Wood Properties) almost 6 years ago

Participate