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| FEBRUARY 2025 | |||
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| Units Sold 144 |
Active Inventory 305 |
Median Sale Price $751,500 |
Days On Market 25 |
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| Down -13% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 8% Vs. Year Ago |
Down -22% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in February, with 144 sold this month in Arlington County Real Estate versus 128 last month, an increase of 13%. This month's total units sold was lower than at this time last year, a decrease of 13% versus February 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 3%. The total number of active inventory this February was 305 compared to 296 in February 2024. This month's total of 305 is lower than the previous month's total supply of available inventory of 325, a decrease of 6%. |
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Median Sale Price
Last February, the median sale price for Arlington County Homes was $696,000. This February, the median sale price was $751,500, an increase of $55,500 compared to last year. The current median sold price is higher than in January. 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 175 |
Current Contracts 159 |
Sold Vs. List Price 100.8% |
Months of Supply 2.1 |
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| Down -25% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 1.1% Vs. Year Ago |
Up 18% Vs. Year Ago |
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Months of Supply
In February, there was 2.1 months of supply available in Arlington County, compared to 1.8 in February 2024. That is an increase of 18% 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 175 homes newly listed for sale in Arlington County compared to 234 in February 2024, a decrease of 25%. There were 159 current contracts pending sale this February compared to 179 a year ago. The number of current contracts is 11% lower than last February. |
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Sale Price to List Price Ratio
In February, the average sale price in Arlington County was 100.8% of the average list price, which is 1.1% higher than at this time last year. Days on Market
This month, the average number of days on market was 25, lower than the average last year, which was 32, a decrease of 22%. | |||
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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. |
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