Question: How did Arlington’s condo market perform in 2025?
The Headline: The Arlington condo market lost value in 2025 (down 4.9%), after surging in 2024 (up 10.7%). The overall Arlington market was up by just over 1%, on an average price basis.
Bucking, and Maintaining, the Trend
Arlington’s condo market is historically stable and predictable, but the past two years brought about an unusual period of volatility. Despite recent ups and downs, the long-term trend of 1-2% annualized growth has been maintained – over the past five years, the average sold price is up 7.3% and the average $/SF is up 4.8%.
Dig Deeper
The 2025 condo market was (slightly) slower and buyers had (slightly) more negotiation leverage than even 2021, when the market was reeling from the COVID flight out of multi-family living. Let’s dig in:
-
The average price of a condo decreased by 4.9% to $520,000, the average $/SF decreased by 1.2% to $511, and the median price decreased by 2.3% to $445,000
-
Over the past five years, condos are appreciating at about 1% annually, consistent with long term trends I’ve observed
-
Buyers negotiated an average of 2.4% off the original asking price. Condos that sold within the first ten days on market, sold for an average of 0.1% over asking price.
-
36% of condos sold within the first ten days, compared to 46% last year and 50% in 2023
-
Condos built since 2000 sold for an average of $675,000 ($624/SF), 55% more than condos that were built before 2000
Prices Fall in Four Zip Codes
22209 (Rosslyn area), walking distance to Georgetown, the Lincoln Memorial, and Roosevelt Island, remains the most expensive condo zip code in Arlington due to its overwhelming share of luxury buildings (Pierce, Turnberry, Waterview, Wooster and Mercer, etc).
After six out of six zip codes shown in the chart below produced an increase in average price from 2023 to 2024, four out of those six zip codes produced a lower average price in 2025.
Got Cash? Get in Line
At least ¼ of Arlington condos were purchased with all cash, for a third year in a row. The trend towards cash is directly correlated to higher borrowing costs since the summer of 2022.
One- and Two-Bedroom Condos Dominate
-
92% of condos sold in 2025 had one or two bedrooms
-
Avg studio = 507SF
-
Avg 1BR = 789SF
-
Avg 2BR = 1,140SF
-
Avg 3BR = 1,733SF
-
65% of 2BR condos have two full bathrooms
Condo Fees Stabilize, Finally
After five years of painful increases to keep pace with inflation, condo fees finally stabilized in 2025, increasing by an average of just one cent per square foot from 2024 to 2025.
REMEMBER…condo fees don’t increase because your management company and Board hate you, they increase to cover the cost of labor and materials required to operate the building, so inflation plays a large part in condo fees.
How I Use the Data
The data used above looks at Arlington’s multi-family condo market (no Coops, no age-restricted housing) recorded in the MLS (Realtors’ database of record). While most real estate data you’ll see is based on the year/month a home sale closes, I prefer to use the year/month a home goes under contract because it gives an accurate picture of market conditions at the time a deal was agreed to (most homes close 1-2 months after going under contract).
Looking Ahead: Stability on the Horizon
I expect 2026 to be a boring year for the condo market with little change in prices, 35-40% of condos selling within ten days, and modest negotiation leverage for buyers. Of course, a few tweets from our neighbor in DC could change all of that…
If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at [email protected].
We have access to the most pre and off-market listings across the DMV of any brokerage and are happy to share what’s available with anybody who asks.
Below are some of our team’s pre/off-market listings, details and additional listings available by request:
-
Rosslyn – 2BR/2BA/1,800sqft – Condo (2021) – 1781 N Pierce St Arlington VA 22209
-
Rosslyn – 3BR/2.5BA/2,400sqft – Condo (1986) – 1530 Key Blvd Arlington VA 22209
-
Ballston – 4BR/3.5BA/2,400sqft – Townhouse (2008) – N George Mason Dr Arlington VA 22203
-
Ballston – 4BR/3.5BA+office/4,000 sqft – Four Townhouses (2026/2027) – 11th St N Arlington VA 22201
-
Arlington Heights – 5BR/5.5BA/5,000 sqft – Detached Single Family (2026) – South Highland St Arlington VA 22204
-
Williamsburg – 6BR/5.5BA/5,500 sqft – Detached Single Family (2026) – 27th St N Arlington VA 22207
-
Yorktown – 6BR/6.5BA/6,000+ sqft – Detached Single Family (2026) – N Greencastle St Arlington VA 22207
