Homes for Sale in Penrose
Homes for Sale in Penrose

On the Market in Penrose

812 VEITCH ST S
$1,449,000 | 5 Beds | 4.5 Baths
800 WAYNE ST S
$1,360,000 | 6 Beds | 5.5 Baths
1829 COLUMBIA PIKE
$420,000 | 3 Beds | 1 Baths

Sold Listings

824 S COURTHOUSE RD
$876,000 | 4 Beds | 3 Baths
2602 2ND ST S
$800,000 | 3 Beds | 3.5 Baths
410 WAYNE ST S
$729,900 | 4 Beds | 3.5 Baths

Penrose Arlington, VA

Homes for sale in Arlington Va's Penrose neighborhood

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 8/19/2018
M/M Y/Y
Homes for Sale 3 -66.7% +66.7%
Months Inventory 1.57 -73.9% +72.0%
Contracts Pending 3 +33.3% -66.7%
Solds: 90 Day 9 +11.1% -11.1%
Average List Price/Sold Price 100.03% -1.5% -0.6%
Active/Pending Ratio 1.00 -150.0% +80.0%
Average Price M/M Y/Y
Active $1,076,333 +24.8% -6.7%
Pending $680,833 +14.1% +21.8%
90 Day Sold $609,742 +3.7% -2.2%
Median Price
Active $1,360,000 +47.4% +15.6%
Pending $675,000 +13.4% +28.9%
90 Day Sold $672,000 +10.0% +6.6%
Days on Market
Active 22.33 -63.0% -692.7%
Pending 8.00 +6.3% -702.5%
90 Day Sold 6.33 -18.5% -148.0%
M/M Y/Y
Homes for Sale 3 -66.7% +66.7%
Months Inventory 3.60 -85.3% +66.7%
Contracts Pending 3 +66.7% 0.0%
Solds: 90 Day 6 +33.3% +33.3%
Average List Price/Sold Price 102.33% -0.2% +1.5%
Active/Pending Ratio 1.00 -400.0% +67.0%
Average Price M/M Y/Y
Active $1,076,333 +24.8% -6.7%
Pending $680,833 +4.5% +1.4%
90 Day Sold $703,017 -0.5% -17.0%
Median Price
Active $1,360,000 +47.4% +15.6%
Pending $675,000 +3.7% -0.6%
90 Day Sold $699,500 -2.6% -11.9%
Days on Market
Active 22.33 -63.0% -692.7%
Pending 8.00 +25.0% -1,212.5%
90 Day Sold 6.00 -20.8% -379.2%
M/M Y/Y
Homes for Sale 0 N/A N/A
Months Inventory 0.00 N/A N/A
Contracts Pending 0 N/A N/A
Solds: 90 Day 3 -33.3% -100.0%
Average List Price/Sold Price 93.08% -7.6% -7.8%
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $0 N/A N/A
90 Day Sold $423,193 -10.4% -15.7%
Median Price
Active $0 N/A N/A
Pending $0 N/A N/A
90 Day Sold $415,000 -5.5% -5.4%
Days on Market
Active 0.00 N/A N/A
Pending 0.00 N/A N/A
90 Day Sold 7.00 -10.7% 0.0%
M/M Y/Y
Homes for Sale 0 N/A N/A
Months Inventory 0.00 N/A N/A
Contracts Pending 0 N/A N/A
Solds: 90 Day 0 N/A N/A
Average List Price/Sold Price 0.00% N/A N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $0 N/A N/A
Pending $0 N/A N/A
90 Day Sold $0 N/A N/A
Median Price
Active $0 N/A N/A
Pending $0 N/A N/A
90 Day Sold $0 N/A N/A
Days on Market
Active 0.00 N/A N/A
Pending 0.00 N/A N/A
90 Day Sold 0.00 N/A N/A

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Homes for Sale in Penrose homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Homes for Sale in Penrose divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Homes for Sale in Penrose listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Homes for Sale in Penrose versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Homes for Sale in Penrose

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Homes for Sale in Penrose homes that sold in the past 90 days.

Insight

Penrose Square!

New restaurants and shops are opening up at Penrose Square seemingly every few months. The area is anchored by the Square that features an uber-popular urban spray-park feature for kids.

Matthew Leighton Matthew Leighton

Nearby Penrose

Homes for Sale in Columbia Heights (Arlington)
10 Homes for Sale
Today's Median Price $301,000
Homes for Sale in Columbia Pike
2 Homes for Sale
Today's Median Price $909,950

Public Schools near Penrose

Hoffman-Boston Elementary School
4 Homes for Sale
Today's Median Price $454,500
Long Branch Elementary School
14 Homes for Sale
Today's Median Price $999,500
Gunston Middle School
76 Homes for Sale
Today's Median Price $460,000