Francis Scott Key Bridge connects Washington, DC with Northern Virginia.
ARLINGTON, VA—It should not be surprising that Arlington, VA,'s housing market is doing well after Amazon's decision to locate its second headquarters there. What is surprising is the extent to which it is doing well, according to new figures by realtor.com.
Immediately following the November announcement, home sales jumped 50% year-over-year. To date, Arlington has seen six-figure (17%) median list price growth of $110,000 and a more than 40% drop in inventory.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
