Arlington Lease Trends: What's Changed? 📉

[Dominic M.]

The residential lease market in Arlington County, VA, from January 2024 to January 2025 has experienced some changes:

- Units Listed: The number of units listed decreased by 1, a 0.64% decrease, from 157 to 156.

- Listed Median Price: The listed median price increased by $75, a 2.78% increase, from $2,700 to $2,775.

- Units Leased: The number of units leased increased by 9, a 6.67% increase, from 135 to 144.

- Sold Median Price: The sold median price increased by $75, a 2.68% increase, from $2,800 to $2,875.

A slight decrease in units listed indicates a minor reduction in supply year over year, while an increase in units leased suggests a rise in demand. The increase in listed and sold median prices indicates that rental prices are trending upwards. This could be due to a variety of factors, including market conditions and changes in demand.