Looking back from June 2010 until now, home sales have been relatively strong in and around Arcola. Most of the sales were single family homes in the communities of Brambleton and South Riding. Taking a 2.5 mile radius around the center of Arcola, we find the following average home sale prices:
3 bedrooms: Min $449,900, Max $614,077, Average $534,668
4 bedrooms: Min $403,000, Max $932,000, Average $574,600
5 bedrooms: Min $515,000, Max $925,000, Average $616,590
The average days on market was 47 days and most of the homes were built only five years ago. As word spreads of more commercial development such as the Arcola Center and additional infrastructure with road repairs and widening in the area, the expectation is that prices will continue to rise throughout 2011.