{"id":475458,"date":"2026-10-24T13:30:17","date_gmt":"2026-10-24T13:30:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/475458\/"},"modified":"2026-10-24T13:30:17","modified_gmt":"2026-10-24T13:30:17","slug":"average-sales-price-of-arlington-single-family-homes-drops-15-year-over-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/475458\/","title":{"rendered":"Average sales price of Arlington single-family homes drops 15% year over year"},"content":{"rendered":"

Fewer sales and lower prices resulted in a nearly 16% year-over-year decline in the total value of home transactions across Arlington in September, according to new data.<\/p>\n

A total of 175 properties went to closing during the month, down 5% from 184 in September 2025, based on figures reported Oct. 12 by MarketStats by ShowingTime<\/a>.<\/p>\n

The average sales price of all properties that sold during the month dropped 10.4% to $883,455, with double-digit year-over-year declines found in all three segments of the market:<\/p>\n

The average sales price of single-family homes was down 15.4% to $1,534,451
\nThe average sales price of attached homes \u2014 townhouses, rowhouses and condominiums \u2014 was down 13.1% to $586,098
\nThe average sales price of condominiums was down 15.9% to $421,094<\/p>\n

The sales figures represent typical seasonal cooling from summer to fall, coupled with the impacts of mortgage-interest rates stubbornly holding above 7%<\/a>.<\/p>\n

That softness may continue, as the number of pending sales reported at the end of September totaled 180, down 9% from a year before. Pending sales typically convert to consummated transactions within a month or two of posting.<\/p>\n

Among homes that sold during September, sellers on average received 98.7% of their listing price, up from 97% a year before, and homes spent an average 33 days on the market between listing and ratified sales contract, an improvement from the 36 days required a year before.<\/p>\n

Prospective purchasers have more to choose from, with the 582 listings on the market at the end of September up from 475 a year before.<\/p>\n

The month\u2019s sales volume in Arlington was $155.15 million, down 15.8% from $184.2 million a year before.<\/p>\n

\"TableSeptember 2026 Arlington home-sales data (courtesy MarketStats by ShowingTime)<\/p>\n

Home sales in the city of Falls Church totaled 10 in September, up from seven a year before. The average price of a single-family home that went to closing was $1,365,000 compared to $887,250 a year before, although given the small number of transactions, large swings are not unusual.<\/p>\n

A total of 35 homes were on the market at the end of the month, compared to 53 a year before. Falls Church\u2019s 12 pending sales at the end of September compared to 21 a year before.<\/p>\n

All figures represent most, but not all, homes on the market. September 2026 figures are preliminary and are subject to revision.<\/p>\n

Lisa Sturtevant, chief economist for the Bright MLS multiple-listing service<\/a>, said Arlington\u2019s relatively anemic September sales figures were emblematic of a larger regional trend:<\/p>\n

\u201cBuyer traffic in the DC area has dropped off considerably. The number of pending sales in September was down 17.1% year-over-year while showings were down by 16.9%. Pending sales and showings were down across virtually all local jurisdictions in the DMV.\u201d<\/p>\n

\u201cIt is higher rates, and not federal government cuts, that is quelling the D.C. area housing market. Inventory is climbing with active listings above pre-pandemic levels. With cooler demand, there may be local markets this fall where prices fall below last year\u2019s levels, though significant price drops are not expected.\u201d<\/p>\n

A general increase in sales prices year-over-year across the region was due largely to a greater percentage of more expensive single-family homes in the overall sales mix, Sturtevant said.<\/p>\n

September\u2019s data arrived as those in Virginia\u2019s real-estate industry hunkered down for the cooler market conditions that autumn typically brings.<\/p>\n

A monthly online \u201cflash survey<\/a>\u201d of members of the Virginia Realtors trade organization, conducted Sept. 23-30, found that only 6% of respondents described buyer activity in their area as \u201chigh\u201d or \u201cvery high,\u201d while 59% rated it \u201clow\u201d or \u201cvery low.\u201d<\/p>\n

A total of 511 Virginia Realtors members responded to the survey, including 373 who participated in a home sales transaction in the past month.<\/p>\n

The organization\u2019s monthly Buyer Activity Index, which in April hit a 2026 peak of 55 on a 0-to-100 scale, declined to a yearlong low of 24 in September. And only 4% of respondents expect strong buyer activity in three months\u2019 time.<\/p>\n

Among respondents to the survey, 44% said they expected prices in their areas to be lower at the end of the year than they were in late September, with 20% expecting prices to rise and 33% expecting relatively little change.<\/p>\n

In other real-estate news:<\/p>\n

Per-square-foot prices down in inner core: Prices on a per-square-foot basis were down in the region\u2019s inner core in September, but outlying areas saw increases.<\/p>\n

Average sales prices on a per-square-foot basis were down in D.C. ($483 from $509 a year before) as well as in Arlington ($486 vs. $500), Falls Church ($528 vs. $545) and Alexandria ($479 vs. $500).<\/p>\n

Prices also were down in Fairfax County ($367 vs. $371) and Fairfax City ($353 vs. $365).<\/p>\n

But per-square-foot prices were up in Loudoun County ($301 vs. $296 a year before) and Prince William County ($255 vs. $246).<\/p>\n

For the Mid-Atlantic as a whole, September\u2019s average per-square-foot sales price of $254 was up slightly from $252, according to data reported by MarketStats by ShowingTime.<\/p>\n

\"TableSeptember 2026 regional home-sales data (courtesy Bright MLS)<\/p>\n

Year-to-date sales up 2.1% in major local jurisdictions: Home sales for the first nine months of 2026 were up 2.1% from the same period in 2025, according to data reported by MarketStats by ShowingTime.<\/p>\n

A total of 20,691 properties changed hands during the January-through-September market in Arlington, Fairfax, Loudoun and Prince William counties and the city of Alexandria. That\u2019s up from 20,174 during the first nine months of 2025.<\/p>\n

Two jurisdictions posted increases, with three others showing declines:<\/p>\n

Home sales across Fairfax County were 9,374, up 3.4% from 9,069
\nSales in Prince William County stood at 4,081, up 9.4% from 3,769
\nTransactions in Loudoun County totaled 3,850, down 4.2% from 4,019
\nSales in Arlington were 1,782, down 0.2% from 1,786
\nTransactions in Alexandria were 1,522, down 0.9% from 1,536<\/p>\n

Across the entire Mid-Atlantic region covered by MarketStats by ShowingTime and Bright MLS, the region\u2019s multiple-listing service, year-to-date sales totaled 168,157, up 0.2% from 167,762.<\/p>\n

Philadelphia County, Pa., had the most sales during the nine months, with its 10,164 down 3.1% from the year before. Fairfax County was second, followed by Montgomery County, Md. (7,372); Montgomery County, Pa. (6,457); and Baltimore County, Md. (6,140).<\/p>\n","protected":false},"excerpt":{"rendered":"Fewer sales and lower prices resulted in a nearly 16% year-over-year decline in the total value of home…\n","protected":false},"author":2,"featured_media":475459,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[150,152,151,918,3222,223,111,14151],"class_list":["post-475458","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arlington","tag-arlington","tag-arlington-headlines","tag-arlington-news","tag-economy","tag-housing","tag-news","tag-real-estate","tag-regional"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/475458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=475458"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/475458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/475459"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=475458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=475458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=475458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}