Despite higher year-over-year home sales in July, several data points suggest that economic concerns are driving a continued cooldown in the Arlington housing market.
That also appears to be the case regionwide.
economy
Record demand has left Arlington’s largest food pantry with an $891,000 hole in its budget this fiscal year — and it may only get worse.
Almost one out of every 10 Arlington residents, 23,190 people, had an active referral to the Arlington Food Assistance Center (AFAC) in fiscal year 2025.
As interest in building and renting many varieties of office space declines in Arlington, more focus is falling on creative solutions.
Only a single new office building is currently under construction in all of Northern Virginia — although demand for offices with at least 50,000 square feet of space remains relatively strong, according to a new office market report from CBRE Research.
Go to Declining interest in office buildings drives push for fresh approaches in Arlington
Read more
Arlington’s unemployment rate has risen to its highest point in nearly four years.
A total of 5,061 Arlington residents were counted as seeking jobs in May, according to new figures from the Virginia Employment Commission.
|
Per-square-foot sales prices dropped but some other data points moved higher as the Arlington real-estate market closed out the first half of 2025.
The average per-square-foot sales price for homes that went to closing countywide in June was $482, according to statistical data reported July 10 by Bright MLS, the Mid-Atlantic’s multiple-listing service.
Arlington’s top elected official is embracing a this-too-shall-pass view of the impacts of Trump-era government cuts on the local community.
“We will weather this storm and come out stronger,” County Board Chair Takis Karantonis said at the annual Arlington Chamber of Commerce “State of the County” event yesterday (Thursday).
Rep. Don Beyer is pursuing another term in office, promising to keep fighting “abuses of power” while his party plots strategies to take back Congress.
The Democrat representing Virginia’s 8th Congressional District, which includes all of Arlington, acknowledged to ARLnow that his party has struggled to resist dramatic policy changes under President Donald Trump while Republicans control the legislature.
The local real-estate market is beginning to feel the impact of federal-government downsizing, new data suggests.
By autumn, the impacts may be even more pronounced, according to Bright MLS, the region’s multiple-listing service.
|
Falls Church leaders remain noncommittal to a request from the owner of the city’s weekly newspaper for a partnership.
Nicholas Benton, who has owned and run the Falls Church News-Press from its founding in March 1991, came to the City Council on June 16, following up on previous proposals to have city leaders provide more funding.
Arlington County leaders are considering delaying the sale of municipal bonds and deferring various capital projects in the face of tight economic times.
It’s too early to think about amending the county’s recently adopted Fiscal Year 2026 budget, county budget director Richard Stephenson told County Board members on Wednesday.
Real-estate sales data for May paint a mixed picture but show no signs of impending doom for the Arlington and Falls Church markets.
The average sales price per square foot for both jurisdictions was up year-over-year, according to new figures, although May’s rate was running below the year-to-date average in each case.
Go to Local home prices still rising on per-square-foot basis despite economic uncertainty
Read more
An Arlington woman has founded a new consumer advocacy group seeking to improve affordability and transparency in the airline industry.
Jennifer Rykaczewski, a Madison Manor resident, founded Affordable Skies in December following five years in the airline industry. The new nonprofit lobbies for policies related to cost and safety, provides educational materials to consumers and collects data on air travel pricing and consumer preferences.