Arlington as a whole is a strong seller’s market. But a lot of recent home construction has led to a large inventory of new homes in the market here.
That’s good news for anyone looking to buy a new home in Arlington VA: For once, the market is on the buyer’s side.
I know from personal experience that it’s hard to sell a new home right now in Arlington, having a few new home listings on the market myself! Competition is strong, which gives buyers leverage to negotiate a good price and some concessions from sellers.
A few numbers:
As of November 18th, there were 72 new homes for sale in Arlington VA, and only 17 pending new home sales.
That gives us roughly 8-1/2 months of inventory of new homes in Arlington, indicating a healthy buyer’s market.
If you want to see what’s available right now, click on the link below