What's Hot: 142-Unit Development At Inn of Rosslyn Site Moves Forward | Mortgage Rates Inch Closer To 7%
Amazon's Continued Effect on the Arlington Housing Market, By the Numbers
✉️ Want to forward this article? Click here.
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.
story continues below
loading...story continues above
- $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.
See other articles related to: amazon hq2 real estate effect, amazon northern virginia, amazon second headquarters, arlington, arlington home prices
This article originally published at https://dc.urbanturf.com/articles/blog/amazons-continued-effect-on-the-arlington-housing-market-by-the-numbers/15115.
Most Popular... This Week • Last 30 Days • Ever
Buffett called the five-bedroom listing home when his father, Howard Buffett, was ser... read »
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
The application may signal movement on the massive mixed-use project.... read »
Penzance has unveiled its striking new plans for Rosslyn.... read »
A new report finds that the current housing market is split into two groups.... read »
- The Oracle of Spring Valley: Warren Buffett's Childhood Home in DC Hits the Market
- What Are Estate Taxes and How Do They Work?
- Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
- Three Buildings, 862 Units: The New Plans For Rosslyn's Skyline
- The Two Housing Markets
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. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro