Home sales in both Manhattan and Arlington, Va., jumped after Amazon.com selected the two sites for its second headquarters. However, the Manhattan market cooled after Amazon dropped the city from the list, according to a report from realtor.com.
Listing prices in Arlington increased 17.3 percent from the time of Amazon’s November announcement through April. Prices in Manhattan grew 2.4 percent for the same time period. Arlington has also seen a larger drop in home inventory than Manhattan, suggesting there is not enough supply to keep up with the demand.
