Cooling Off? The Arlington Housing Market By the Numbers in September
For months following the announcement that Amazon's second headquarters was on its way, the effects could be seen in the Arlington housing market. Now, that effect appears to be waning.
Below, UrbanTurf plucked out a few numbers that illustrate the current state of the Arlington real estate market.
story continues below
loading...story continues above
- $590,000 -- The median home price in September, up 13 percent year-over-year.
- $1.09 million -- The average price for a detached home in September.
- 8.7% -- The percentage drop in closed sales in September, the largest drop for a local jurisdiction.
- 51% -- The percentage drop in active inventory between September 2018 and September 2019.
- 1.15 -- The monthly supply of homes for sale on the market. This is the highest level since November 2018.
- 0.96 -- The number of contracts per active listing in September, the second month in a row that this ratio has dropped below 1.0.
See other articles related to: amazon second headquarters, arlington home prices, arlington housing market
This article originally published at https://dc.urbanturf.com/articles/blog/cooling-off-the-arlington-housing-market-by-the-numbers-in-september/16011.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
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