Arlington Virginia Real Estate Market Snapshot for March 2012

By
Real Estate Agent with RE/MAX Allegiance, Managing Broker/Branch Vice President

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 February 2012:

Arlington Virginia February 2012 Home Sales 

 

And, here's a snapshot of Arlington Virginia home sales in the last 30 days from the middle of February 2012 through now:

ARLINGTON VIRGINIA HOME SALES:


  • Arlington homes sold in the last 30 days: 182.  At this rate, it would take just 2.79 months for the current Arlington inventory to sell.  If you're considering selling your home in Arlington, the odds are certainly in your favor!

  • Average sales price: $527,996

  • Median sales price: $465,984

  • Average days on market: 54-- homes are selling on average quite quickly in just under 8 weeks

  • Average sales price/original listing price: 96.2% -- there's some negotiating room.  However, with the inventory levels so low, sellers are getting closer to their asking price.

The highest priced Arlington home sold in the last 30 days was for $2,110,502.

Arlington Virginia Market Statistics Charts

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Rainmaker
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Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

I was in Arlington for inspections twice just in the last week.  It is its own little beast in terms of sales and prices!

Mar 20, 2012 04:22 AM #1
Rainer
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Jark Krysinski
REMAX CREST REALTY WESTSIDE - Vancouver, BC
TeamYVR Team Leader, BA,ABR,IRES,IMSD,LLB

Hi Brian - I've received my I.R.E.S. Designation in Vancouver, BC, Canada today and I noticed that you have a IRES designation as well.  I'm presently building a larger network so that your listings can be featured in my city (for an international exposure), and mine can be featured by you.  Presently I have approximately 20 listings which might be of interest to you.  

Look forward to chatting some more with you with respect to co-listing each other's properties, if you are interested in speaking further?  Cheers, Jark.

TeamYVR

JARK KRYSINSKI, REALTOR®, BA.Hon, ABR, IRES, 100%/Medallion Club, IMSD®, LLB
TeamYVR Real Estate Agent, Team Lead, Top Producer, Workaholic 
RE/MAX Crest Realty Westside, 1428 W. 7th Ave, Vancouver, B.C., V6H 1C1
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"I Work Hard & Stop Being Tired & Feel Awesome Instead!"
Aug 07, 2012 07:41 PM #2
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Brian Block

Northern Virginia & D.C. Real Estate
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