Your Ultimate Guide to Buying and Selling Homes in Arlington County, Virginia
If you're looking to buy or sell a home in Arlington County, Virginia, you've come to the right place. In this guide, we'll walk you through everything you need to know about the real estate market in Arlington County, including popular neighborhoods and key terms you need to know to be able to navigate the Arlington County, Virginia real estate market.
The Real Estate Market in Arlington County
The real estate market in Arlington County is thriving, with plenty of opportunities for buyers and sellers alike. According to Zillow, the median home value in Arlington County is $690,000 as of 2021. Home values have increased by 5.8% over the past year and are expected to rise by another 6.4% within the next year. The median list price per square foot in Arlington County is $401, and average listing prices are around $779,000.
Popular Neighborhoods in Arlington County
When it comes to buying or selling a home in Arlington County, it's important to consider the different neighborhoods that make up this vibrant community. Here are some popular neighborhoods worth exploring:
Ballston is located on the western edge of Arlington and is known for its lively atmosphere and convenient location. It's home to Ballston Quarter mall, which features an array of shops, restaurants, and entertainment options. This neighborhood also offers easy access to the Metro and other public transportation.
Clarendon is one of the most sought-after neighborhoods in Arlington thanks to its trendy vibe and central location. It's packed with bars, restaurants, boutiques, and cafes that cater to young professionals. This neighborhood is also known for its excellent nightlife scene and proximity to downtown D.C.
Located just across the Potomac River from Washington D.C., Rosslyn offers stunning views of iconic D.C. landmarks like the Lincoln Memorial and Washington Monument. It's also home to several major corporations. This is a great neighborhood for those who want to be close to both work and play.
Courthouse is known for its historic courthouse building (hence the name) and bustling commercial district. It's popular among young professionals who appreciate its easy access to public transportation. There's also plenty of shops and restaurants to explore.
Virginia Square is best known as a college town due to its proximity to George Mason University's law school campus. However, it also boasts an eclectic mix of restaurants and shops that appeal to residents of all ages. Virginia Square is easily accessible via public transportation and offers a variety of housing options.
Shirlington has a small-town feel despite being just minutes away from downtown D.C.. Its charming main street features sidewalk cafes, art galleries, theaters,and more. The area is also served by several Metrobus routes and the nearby Shirlington Bus Station.
Crystal City offers easy access not only to D.C., but also Reagan National Airport via underground tunnels lined with shops and eateries. The area is also home to the new Amazon HQ2 and is served by the Washington Metro Blue, Yellow and Orange lines, as well as several bus routes.
Lyon Village offers beautiful tree-lined streets nestled between Clarendon Boulevard on one side with Lee Highway on another side making it highly desirable neighborhood among families with children. Enjoy the convenience of shopping and dining in nearby Clarendon along with easy access to DC through metro.
Aurora Highlands is a quiet residential neighborhood located near Reagan National Airport offering views of Potomac Riverfront parks. With its proximity to DC, Rosslyn and Pentagon City, Aurora Highlands is a desirable area for families with young children. It has several bus routes providing easy access to the metro and other locations in Northern Virginia.
Cherrydale offers lovely old homes built primarily between 1890-1930’s adding character & charm along with great schools makes it highly desirable neighborhood among families looking for larger homes. The area offers convenience to downtown DC, national monuments as well as Pentagon City.
Key Terms You Need To Know
Understanding key terms related to buying or selling property can make navigating through real estate transactions much easier:
- Listing Agent: A listing agent represents sellers.
- Buyer’s Agent: A buyer’s agent works exclusively on behalf of buyers.
- Pre-Approval Letter: This letter confirms your ability as a buyer based on your credit score & financial position .
- Closing Costs: Closing costs refer to fees associated with closing a real estate transaction such as title insurance fees , appraisal fee etc.
Now that you know more about what makes each neighborhood unique while understanding key terms related to buying or selling property , you’re better equipped when searching for “Arlington VA homes for sale” or “real estate in Arlington VA.” Keep these tips mind when considering purchasing or selling your property within “Arlington VA properties” area!