D o w n - 5% U p 4 1% U p 6% U p 5 0%

U n i ts So l d

A ct i v e In v e n to r y

Me d ia n Sa le Pr ice

Versus last year, the total number of homes available this month is higher by 186 units or 41%. The total number of

active inventory this July was 635 compared to 449 in July 2013. This month's total of 635 is lower than the previous

month's total supply of available inventory of 645, a decrease of 2%.

Ju l y 2014F oc us O n : A r l i n g to n C o u n t y H o usi n g Mar k e t

U n i ts So l d A ct i v e In v e n to r y Me d ia n Sa le Pr ice D a y s O n Mar k e t2 7 8 6 3 5 $ 5 5 5 ,0 0 0 3 3

Vs. Year Ago Vs. Year Ago Vs. Year Ago Vs. Year Ago

There was a decrease in total units sold in July, with 278 sold this month in Arlington County versus 286 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 5% versus July 2013.

Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates.

Last July, the median sale price for Arlington County Homes was $525,000. This July, the median sale price was $555,000, an increase of 6% or $30,000 compared to last year. The current median sold price is 3% lower than in June.

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J-12 N-12 M-13 J-13 N-13 M-14 J-14300,000

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U n i ts So l d* Sold Detached Sold Attached Sold Condo/ Coop

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A ct i v e In v e n to r y* Active Detached Active Attached Active Condo/ Coop

Ju l - 13 $ 5 2 5 ,0 0 0

Ju l - 1 4 $ 5 5 5 ,0 0 0

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Me d ia n Sa le Pr ice

U p 9% D o w n - 1 7% N o C h a n ge U p 4 9%

Mo n t hs o f Su p p l y

N e w List i n gs & C u r r e n t C o n t r acts

Sa le Pr ice to List Pr ice Ra t io

D a y s O n Mar k e t

In July, there was 2.3 months of supply available in Arlington County, compared to 1.5 in July 2013. That is an increase of 50% versus a year ago.

*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates.

Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.

This month, the average number of days on market was 33, higher than the average last year, which was 22, an increase of 50%.

N e w List i ngs C u r r e n t C o n t r acts So l d V s. L ist Pr ice Mo n t hs o f Su p p l y

F oc us O n : A r l i n g to n C o u n t y H o usi n g Mar k e t Ju l y 2014

This month there were 353 homes newly listed for sale in Arlington County compared to 323 in July 2013, an increase

of 9%. There were 237 current contracts pending sale this July compared to 284 a year ago. The number of current contracts

is 17% lower than last July.

3 5 3 2 3 7 9 9 .0%

In July, the average sale price in Arlington County was 99.0% of the average list price, which is similar compared to a year ago.

Vs. Year Ago Vs. Year Ago Vs. Year Ago Vs. Year Ago

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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J-12 N-12 M-13 J-13 N-13 M-14 J-1496%97%97%98%98%99%99%100%100%101%

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Mo n t hs O f Su p p l y

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Sale Pr ice / L is t Pr ice & D O M Avg Sale / Avg List Average DOM