Arlington, VA Real Estate Market Statistics – December 2009

There were 205 properties that sold in December 2009; there were 186 in 2008. Of the 205 sold, 9 were short sales and 17 were bank-owned properties, accounting for about 12.7%. The average sales price for Arlington county condos was about 5% less than December 2008, but townhouses and detached properties were 8% and 10% HIGHER than December 2008, respectively.

Detached Properties (Houses)

North Arlington
Average Net Sales Price: $750,691 after 41 days
Range: $407,350 – $1,525,000

South Arlington
Average Net Sales Price: $554,428 after 66 days
Range: $284,000 – $1,050,000

Townhouses

North Arlington
Average Net Sales Price: $647,772 after 51 days
Range: $374,000 – $871,000

South Arlington
Average Net Sales Price: $401,692 after 44 days
Range: $210,000 – $717,990

1 Bedroom Condo

North Arlington
Average Net Sales Price: $357,602 after 66 days
Range: $185,000 – $555,000

South Arlington
Average Net Sales Price: $227,917 after 12 days
Range: $85,000 – $350,000

2 Bedroom Condo

North Arlington
Average Net Sales Price: $625,313 after 26 days
Range: $475,000 – $1,010,000

South Arlington
Average Net Sales Price: $318,285 after 21 days
Range: $124,002 – $515,000