Home | Newsletter | Advertise
loading...

Amazon’s Continued Effect on the Arlington Housing Market, By the Numbers

  • March 12, 2019

by UrbanTurf Staff

A home that sold in Arlington in February.

The effect of Amazon's arrival on the region continues to be felt in a variety of ways, and that includes the housing market. UrbanTurf plucked out a few numbers that illustrate the effect that the online giant continues to have on the Arlington housing market, three months after the online behemoth announced its plans to come to Northern Virginia. 

  • $558,750 -- The median home sales price in February, the highest on record for Arlington for the month of February. 
  • $1.015 million -- The average price for a detached home in February. 
  • 65% -- The increase in the number of homes that went under contract in Arlington compared to February 2018. 
  • 54 -- The average number of days that homes spent on the market in February, a 40 percent drop compared to February 2018. 
  • 35% -- The percentage of homes that sold in ten days or less in February. 
  • 0.90 -- The monthly supply of homes for sale on the market. It dropped below 1.0 for the first time in December.
  • 1.12 -- The number of contracts per active listing in February. It went above 1.0 for the first time in December. 

This article originally published at http://dc.urbanturf.com/articles/blog/amazons-continued-effect-on-the-arlington-housing-market-by-the-numbers/15115

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse