What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
Arlington and Alexandria Most Competitive Housing Markets Nationwide, Per Report
✉️ Want to forward this article? Click here.
![](https://assets.urbanturf.com/dc/images/blog/2019/08/Arlington-Alexandria-Crystal-City-map.jpg)
In case you needed more evidence of the Amazon effect in northern Virginia, look no further.
Redfin's most recent ranking of the nation's most competitive housing markets places both Arlington and Alexandria at the top of the list, tied with Grand Rapids, Michigan. The report uses data on waived contingencies, number of offers, days on market and premium above listing price to identify which cities have the greatest competition for would-be homebuyers.
story continues below
loading...story continues above
In July, listings sold in a median of 11 and 14 days in Arlington and Alexandria, a week less than the previous July for both jurisdictions. The gradual pacing of Amazon HQ2's arrival seems to be exacerbating constrained supply and competition in Arlington and Alexandria. There were half as many listings on the market last month as there were in July 2018.
The constrained supply is leading to a sense of urgency among buyers, and has translated to 46 percent of listings in Arlington and 36 percent of listings in Alexandria selling at or above asking price in July. The low number of actual sales, however, has flattened median prices year-over-year in both places.
See other articles related to: alexandria, Alexandria real estate, amazon hq2, amazon hq2 real estate effect, amazon second headquarters, arlington county, arlington home prices, arlington housing market, national landing, national landing home sales
This article originally published at https://dc.urbanturf.com/articles/blog/report-ranks-arlington-and-alexandria-most-competitive-markets-nationwide/15777.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
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