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Arlington County Real Estate Trends: A Year of Change 🏠
In Arlington County, VA, the real estate market has seen notable changes from January 2024 to January 2025:
Listings: The number of listings increased by 39, a 19.7% rise, from 198 to 237.
Listed Median Price: The listed median price went up by $17,400, showing a 2.25% increase, from $772,500 to $789,900.
Units Sold: The number of units sold increased by 2, a 1.59% increase, from 126 to 128.
Sold Median Price: The sold median price decreased by $54,250, an 8.38% decrease, from $647,500 to $593,250.
Summary: An increase in listings indicates a rise in supply year over year. The increase in the median list price suggests that asking prices are trending upwards. However, the decrease in the sold median price indicates that the actual sale prices are down year over year. This could be due to various factors, including market conditions and changes in demand.
Question: How do you think these changes will impact the Arlington County housing market in 2025?