Like N.Va. housing market cools, Arlington remains hot-hot-hot | news / arlington


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Even though much of the rest of Northern Virginia is showing signs of interest from potential real estate buyers, many parts of Arlington remain hot-hot-hot even as the weather turns cold-cold-cold .

A number of these towns in Arlington are among the strongest in the region.

The T3 Residential Demand Index, created by the Mid-Atlantic Bright MLS multiple listing service, uses a variety of data points to build a monthly score for the entire Washington area real estate market down to the level of the Postal code.

In new data released on December 13, the regional index figure stood at 97, in the “Stable” range, but down from 127 a month earlier. Fairfax was 105, down from 147 a month earlier.

The drop suggests that many potential buyers have found housing over the past few months, while others may have opted out for a variety of reasons, ranging from general market seasonality to out of control prices.

“Demand fell for every type of home in November,” Bright MLS analysts said. “The more expensive condos registered the highest demand. The more expensive single-family home segment recorded the largest decline, but still saw “moderate” demand.

The factors used to compile the scores are activities that occur before the sales process takes place, so unlike monthly sales reports, the numbers can be used as a forward-looking indicator. The baseline of 100 was in March after analysts looked at a year of data; there is no upper limit to the height of a number that can be reached.

Of all the jurisdictions that make up the rankings, Arlington was the clear winner with a county-wide T3 rating of 164, followed by Alexandria at 149.

Although higher than in the rest of the region, these numbers are down substantially from astronomical highs in previous months. Prince George County (106), District of Columbia (98), Falls Church (95), Montgomery County (86), Loudoun County (80) and Frederick County (68) round out the pack.

Among Arlington’s zip codes, four stood out with exceptionally strong buyer interest for the month: 22206 (a score of 252), 22204 (223), 22213 (201) and 22202 (195).

In addition, two others – 22201 (169) and 22203 (160) – exhibited robust health. A trio of North Arlington ZIPs – 22205 (120), 22207 (116) and 22209 (109) – were in the “moderate” category.


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