If you’re currently buying a house or condo in Arlington, you already know this. The prices are up. Way up. The median selling price has increased by 17.7 % from last year. The houses are selling in an average of just 6 days. Yes days, not weeks or months, days! The areas of Crystal City and Pentagon city have seen considerably more interest than other areas such as Clarendon, Ballston, or Courthouse, as they are closest to Amazon’s future HQ2.
So, if you currently own a property in Arlington, congrats! And if you rent, good luck.