Arlington, Virginia: May 2012 Real Estate Market

Arlington VA homes for sale in the following zip codes
22201, 22203, 22205, 22207, 22209, 22213,22202, 22204, 22206

Statistic Values YoY MoM
Total Sold Dollar Volume $186,624,954 +45.11% +24.18%
Closed Sales 313 +43.58% +27.76%
Median Sold Price $535,000 +1.95% -2.55%
Avg Sold Price $596,246 +1.06% -2.8%
Avg Days on Market 42 days -20.75% -31.15%
Avg Sold to Orig List Ratio 98% +0.86% +1.05%

The month of May has come and gone which means recap time for May 2012 Arlington, VA Real Estate statistics. Looking at the table above provided by Real Estate Business Intelligence, it is clear that the month of May was a decent month for sales. There hasn’t been much of a drastic change compared to the previous month.

Some obvious changes that occurred during the month of May was a decrease in the average sold price and the median sold price, 2.8% & 2.55%. But if you look at the  average sold vs. listed ratio there was an increase of 1.05%. Another positive statistic was the number of days a listing was on the market had decreased by 31.15% compared to last month and 20.75% compared to last year at this time. Homes are being sold quicker and at reasonable prices. Check out the graphs below and make sure to visit the  Real Estate Business Intelligence website for more information on this area or other areas in Northern Virginia.    

  

If your intersted in more statistics or interested in finding listing in this area, CALL NORM.com

 

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Arlington VA homes for sale in the following zip codes
22201, 22203, 22205, 22207, 22209, 22213,22202, 22204, 22206
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