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FOCUS ON: ARLINGTON COUNTY HOUSING MARKET |
MAY 2025 |
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Units Sold
227 |
Active Inventory
471 |
Median Sale Price
$799,000 |
Days On Market
21 |
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Down -2%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
Up 11%
Vs. Year Ago |
Up 24%
Vs. Year Ago |
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Units Sold
The number of units sold remained stable in May, with 227 sold this month in Arlington County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 13% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 58 units or 14%. The total number of active inventory this May was 471 compared to 413 in May 2024. This month's total of 471 is lower than the previous month's total supply of available inventory of 545, a decrease of 14%.
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Median Sale Price
Last May, the median sale price for Arlington County Homes was $722,500. This May, the median sale price was $799,000, an increase of 11% or $76,500 compared to last year. The current median sold price is 4% lower than in April.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
270 |
Current Contracts
253 |
Sold Vs. List Price
100.6% |
Months of Supply
2.1 |
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Down -13%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
Down -0.6%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
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Months of Supply
In May, there was 2.1 months of supply available in Arlington County, compared to 1.8 in May 2024. That is an increase of 17% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 270 homes newly listed for sale in Arlington County compared to 311 in May 2024, a decrease of 13%. There were 253 current contracts pending sale this May compared to 207 a year ago. The number of current contracts is 22% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Arlington County was 100.6% of the average list price, which is 0.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 21, higher than the average last year, which was 17, an increase of 24%.
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*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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc. |