Despite a strong finish, first-quarter home sales and prices in Arlington saw little movement compared to a year ago.
Aided by a strong March, a total of 448 residential properties went to closing between January and March, according to figures reported by MarketStats by ShowingTime on April 10. That’s down three homes, or 0.7%, from the 451 transactions recorded during the first quarter of 2025.
Prices were up, with the average sales price of $942,385 rising 6% and the median price of $729,000 up 4.1%. But those figures can be impacted by the types of homes that sell during the period.
A better gauge — the average sales price per square foot — was down 0.4% to $408 from the first quarter of 2025.
Homes that went to closing during the quarter spent an average of 34 days between listing and ratified sales contract. That’s up almost a full week from the average 28 days a year before.
In Falls Church, sales for the quarter totaled 34, up 36% from a year before. The average per-square-foot cost of $573 was up 11.3%.
The March housing market across the region saw an uptick, but the outlook remains “cautious,” according to a key analyst.
“Homes are taking longer to sell, inventory is rising, and buyers and sellers are still navigating higher mortgage rates and broader economic uncertainty,” said Lisa Sturtevant, chief economist for Bright MLS, the region’s multiple-listing service.
Across the D.C. region, the March market was “helped by improved weather and a temporary dip in mortgage rates early in the month,” Sturtevant said. “However, the recent run-up in rates and continued uncertainty around the conflict with Iran could limit how much momentum the market can sustain in the weeks ahead.”
A total of 3,818 properties went to closing in March across the metro area, up 5.2% from a year before. The median sales price of $635,000 was up 1.6%.
Both Arlington and Falls Church had strong March reports, with Arlington’s 207 sales up 21.1% year-over-year and the 12 sales in Falls Church up 50%.
Figures represent most, but not all, homes on the market. All March 2026 and first-quarter 2026 figures are preliminary and are subject to revision.
