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In Arlington County, VA, the median sold price for Condo & Coop properties for December was $415,000, representing an increase of 13.7% compared to last month and an increase of 4.3% from Dec 2017. The average days on market for units sold in December was 73 days, 24% below the 5-year December average of 96 days. There was a 35.3% month over month decrease in new contract activity with 97 New Pendings; a 30.1% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 116; and a 41.9% decrease in supply to 100 active units.

This activity resulted in a Contract Ratio of 1.16 pendings per active listing, up from 0.97 in November and an increase from 0.56 in December 2017. The Contract Ratio is 102% higher than the 5-year December average of 0.57. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.

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In Arlington County, VA, the median sold price for Detached properties for December was $912,500, representing an increase of 8.6% compared to last month and an increase of 7.2% from Dec 2017. The average days on market for units sold in December was 65 days, 49% below the 5-year December average of 127 days. There was a 36.8% month over month decrease in new contract activity with 60 New Pendings; a 16.5% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 106; and a 36.4% decrease in supply to 96 active units.

This activity resulted in a Contract Ratio of 1.10 pendings per active listing, up from 0.84 in November and an increase from 0.52 in December 2017. The Contract Ratio is 74% higher than the 5-year December average of 0.63. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.

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In Arlington County, VA, the median sold price for Attached properties for December was $436,000, representing an increase of 5.3% compared to last month and an increase of 1.4% from Dec 2017. The average days on market for units sold in December was 71 days, 30% below the 5-year December average of 102 days. There was a 36.1% month over month decrease in new contract activity with 115 New Pendings; a 31% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 138; and a 43.9% decrease in supply to 110 active units.

This activity resulted in a Contract Ratio of 1.25 pendings per active listing, up from 1.02 in November and an increase from 0.62 in December 2017. The Contract Ratio is 95% higher than the 5-year December average of 0.64. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.

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In Arlington, VA, the median sold price for Condo & Coop properties for December was $414,750, representing an increase of 13.6% compared to last month and an increase of 4.2% from Dec 2017. The average days on market for units sold in December was 73 days, 24% below the 5-year December average of 96 days. There was a 36.6% month over month decrease in new contract activity with 97 New Pendings; a 31.4% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 116; and a 41.9% decrease in supply to 100 active units.

This activity resulted in a Contract Ratio of 1.16 pendings per active listing, up from 0.98 in November and an increase from 0.57 in December 2017. The Contract Ratio is 101% higher than the 5-year December average of 0.58. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.

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In Arlington, VA, the median sold price for Detached properties for December was $912,500, representing an increase of 8.6% compared to last month and an increase of 7.2% from Dec 2017. The average days on market for units sold in December was 64 days, 49% below the 5-year December average of 127 days. There was a 35.8% month over month decrease in new contract activity with 61 New Pendings; a 15.9% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 106; and a 36.4% decrease in supply to 96 active units.

This activity resulted in a Contract Ratio of 1.10 pendings per active listing, up from 0.83 in November and an increase from 0.52 in December 2017. The Contract Ratio is 72% higher than the 5-year December average of 0.64. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.

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In Arlington, VA, the median sold price for Attached properties for December was $435,000, representing an increase of 5.1% compared to last month and an increase of 1.2% from Dec 2017. The average days on market for units sold in December was 71 days, 30% below the 5-year December average of 101 days. There was a 37.2% month over month decrease in new contract activity with 115 New Pendings; a 32% MoM decrease in All Pendings (new contracts + contracts carried over from November) to 138; and a 43.9% decrease in supply to 110 active units.

This activity resulted in a Contract Ratio of 1.25 pendings per active listing, up from 1.04 in November and an increase from 0.63 in December 2017. The Contract Ratio is 95% higher than the 5-year December average of 0.64. A higher Contract Ratio signifies a relative increase in contract activity compared to supply, and indicates the market is moving in the seller’s favor. A lower Contract Ratio signifies a relative decrease in contract activity compared to supply, and indicates the market is moving in the buyer’s favor.

See our Market Data page for numbers on individual home types.