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Arlington Virginia Real Estate Market Snapshot for April 2010

By
Real Estate Agent with RE/MAX Allegiance, Managing Broker/Branch Vice President

Carlyle Grand Restaurant in Shirlington

The Carlyle Grand Restaurant in the Shirlington area of Arlington, Virginia is a very popular eatery.  In fact, I took my wife there for her birthday luncheon a couple of weeks ago.

What's Happening today in the Arlington, Virginia Real Estate Market?

Here's a snapshot of Arlington Virginia home sales in the last 30 days from late March through now:

ARLINGTON VIRGINIA HOME SALES:

•·     Active homes for sale:  810 -- 393 of those or close to half have just come on the market within the last 30 days!  Spring is the top season for homeowners to put their homes on the market in Arlington.

•·     Arlington Homes sold in the last 30 days:  192

•·     Average Sales Price:   $501,134

•·     Median Sales Price:     $441,463

•·     Average Days on Market:    44 -- Arlington homes are selling in an average of just over 6 weeks on the market. 

•·     Average Sales Price/Original Listing Price:  96.54%.  There's still some negotiating room on home sales in Arlington Virginia.

Interesting Notes: 

The most expensive Arlington Virginia home on the market is listed for sale at $7,950,000.  This home has been marketed for over 3 years.

The least expensive Arlington home is a studio condo in South Arlington for $88,900.

There are eight Arlington homes on the market with 7 bedrooms.

The Arlington real estate market remains hot!


** Find a Home in Arlington**

Contact Brian Block, Managing Broker, RE/MAX Allegiance, McLean:
Licensed in Virginia &
Washington D.C.  703-626-0715.
If you are interested in purchasing or selling a property in Arlington or elsewhere in Northern Virginia or Washington D.C., contact Brian today.