Join

Arlington Homes Hit Record Median Price

Arlington median home price chart (image via MRIS)The median cost of a home in Arlington hit $590,000 in November, the highest on record according to a real estate data firm.

The median price of a home is up 18.4 percent over last year, according to MRIS, signally Arlington’s strong housing market is only getting stronger.

“All the numbers suggest that the already-strong interest in Arlington has grown substantially, even in just the past year or two,” MRIS says on its blog. “Which means this spring should have even more momentum for buyers moving into the area.”

November’s record high price came from 182 sales. There are 2.4 months of housing supply on the market — more signs that it’s better to be a seller than a buyer in the county — and, as of earlier this month, 536 homes for sale.

Image via MRIS

Recent Stories

Temporary bollards and wheel stops along a segment of S. Carlin Springs Road are set to come down this weekend. Since March, these barriers — closing off the northbound right…

The rate of new coronavirus cases in Arlington hit a fresh summer high today. New Covid cases remain low relative to earlier in the pandemic, but rose to a seven-day…

The capacity crunch at Arlington Public Schools is not as dire as it once was, particularly after the pandemic, but there is still a need for more school seats in certain…

Morning Notes

Road Closures for Biden Event — “The public can anticipate large crowds and increased pedestrian and vehicular traffic in the area related to the event. The following road closures will…

×

Subscribe to our mailing list