How Much is an Expensive Home in Arlington?

How Much is an Expensive Home in Arlington?

  • 05/6/25

Question: How much are Arlington’s most expensive homes?

Answer: The first $1M sale in Arlington (recorded in the MLS) was a 4,300 SF penthouse in a Rosslyn condo building, The Atrium, in 1996. Last year, 727 homes sold for $1M or more and there are currently six homes for sale with an asking price over $4M.

Arlington is a very expensive housing market by most measures, except for the “missing ultra high-end,” but just how much money does it take for a home to be considered expensive in Arlington?

Let’s look at how the price of an expensive home in Arlington has changed over the past 25 years. In the first chart, I define an expensive home as homes that fall in the top 10% of sale prices in a given year.

The most notable data point in these charts is that the average price of an expensive home increased by 89% from 1999 to 2004, compared to 38% from 2019 to 2024.

A graph of a number of columns

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A graph showing the number of sales

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If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at [email protected].

Upcoming (pre-market) ERG Listings, Details and Additional Listings Available by Request

  • Rosslyn – 3BR/2.5BA/2,400sqft – Condo (1986) – 1530 Key Blvd Arlington VA 22209

  • Yorktown – 6BR/6.5BA/6,000+ sqft – Detached Single Family (2026) – N Greencastle St Arlington VA 22207

  • Arlington Ridge/Aurora Hills – 3BR/2.5BA/2,450sqft – Detached Single Family (1961) – S Grove St Arlington VA 22202

  • Ballston – 2BR/1BA/919sqft – Condo (2005) – 1001 N Randolph St Arlington VA 22201

  • Tara Leeway Heights – 7BR/7.2BA/7,500sqft/half acre/pool – Detached Single Family (2026) - 1500 N Harrison St Arlington VA 22205

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