A Great July for Arlington Real Estate

A Great July for Arlington Real Estate

A huge increase in the Arlington Real Estate sale price in July! Nearly 6% overall and over 11% for condos!! Days on the market was 38, inventory was down, units sold were down, and average sale price was 97.5% of original list price. The interesting thing I have noticed this summer is that the market is FLOODED with CONDOS. Of the current inventory, over half is a condo (even more if you include the coops). So to me it’s wild that the sale prices went up that much for condos with so many competing units.

july inventory

Single Family Homes

N. Arlington Average Sale Price: $1,044,193 in 18 days
Range: $600,000 – $2,325,000
S. Arlington Average Sale Price: $755,554 in 32 days
Range: $456,000 – $1,265,000

Townhomes
N. Arlington Average Sale Price: $883,727 in 43 days
Range: $542,000 – $1,400,000
S. Arlington Average Sale Price: $581,233 in 6 days
Range: $415,000 – $849,500

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Sale Price: $380,782 in 33 days
Range: $183,000 – $835,000
S. Arlington Average Sale Price: $260,875 in 37 days
Range: $128,500 – $370,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Sale Price: $636,837 in 38 days
Range: $355,000 – $960,000
S. Arlington Average Sale Price: $431,876 in 33 days
Range: $275,000 – $602,000

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