Arlington County Real Estate 2014 Wrap Up

The Arlington County real estate 2014 wrap up, end of year numbers are in! Overall, it was a really great year for the market. Sales were generally fast when priced correctly, some properties made sizeable gains for prices, and new home sales picked up. Here’s how the numbers compared to 2013:

  • Average Sale Price UP 2.92%
  • Days on the Market UP by 2 to an average of 40 days
    • However, 43% of the sales in 2014 sold within the first 10 days on the market
  • Average Sale Price Compared to Original List Price was 97.7% (this was down a bit from last year)
  • Single Family Homes with 4 or more bedrooms saw an average 5.7% increase in price
  • Townhomes with 3 bedrooms saw on average 3.98% increase in price
  • Condos saw a small drop of 1.34% in price