Palmer Harned, Realtor®
Palmer Harned
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2015 Real Estate Recap {Arlington}

2015 was a busy year, as always, for Arlington County. 2,883 homes were sold, representing roughly 2.5% of the county’s total households. The average sales price was just shy of $650,000 and the average time on the market was just over 1 month. The lack of supply and thus high demand for townhouses continues, but single family homes in North Arlington continue to top the price charts at an average of $968,388.

COUNTYWIDE

Average Sales Price:

Overall – $644,746

Single Family – $926,165

Townhouse – $777,276

Condo – $433,465

Average Days on the Market:

Overall – 36

Single Family – 32

Townhouse – 31

Condo – 40

Homes Sold:

Overall – 2,883

Single Family – 1,072

Townhouse – 254

Condo – 1,469

NORTH ARLINGTON

Average Sales Price:

Overall – $728,536

Single Family – $968,388

Townhouse – $824,767

Condo – $480,951

Average Days on the Market:

Overall – 37

Single Family – 32

Townhouse – 28

Condo – 43

Homes Sold:

Overall – 1,988

Single Family – 890

Townhouse – 195

Condo – 844

SOUTH ARLINGTON

Average Sales Price:

Overall – $465,458

Single Family – $699,309

Townhouse – $593,962

Condo – $357,378

Average Days on the Market:

Overall – 37

Single Family – 33

Townhouse – 36

Condo – 39

Homes Sold:

Overall – 1,092

Single Family – 284

Townhouse – 77

Condo – 687

Data is from the Metropolitan Regional Information System (MRIS). For more market information or to find out what your home is worth, send an email to palmer@palmerharned.com.

 

 

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