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The value of residential properties is up in Arlington, but the torrid growth of past years has slowed. Arlington County announced today that residential property assessments are up 3.2% for 2024. The overall property assessment growth was 2.5%, with commercial properties up 1.6%. New construction contributed significantly to the overall growth. The announcement comes as
The U.S. real estate market is facing significant headwinds, but Arlington property assessments are continuing their march upward. Arlington County announced today that overall assessments of residential and commercial properties rose 3.6% for 2023, compared to 3.5% for 2022. Residential values are up 4.5% while commercial values are up 2.6%. "The increase in property values