Arlington Real Estate Average Grows Again, 9% Over 2011

Arlington real estate continues to climb in units sold and average pricing, while days and inventory continue to plummet. Average sale prices in Arlington County were 9% above November 2011, units sold increased by 38%, days on the market fell to 40, and sellers were averaging 97.6% of original list price. Biggest gains were in condos (13%) and single family homes (11%). A total of 237 properties sold, of which only 7 were foreclosures or short sales. Below are the average sale prices and MEDIAN days on the market.

Single Family Homes
N. Arlington Average Net Sale Price: $809,008 after 14 days
Range: $337,478 – $1,710,000
S. Arlington Average Net Sale Price: $559,491 after 18 days
Range: $360,000 – $830,000

Townhomes
N. Arlington Average Net Sale Price: $767,637 after 10 days
Range: $519,500 – $1,104,000
S. Arlington Average Net Sale Price: $416,036 after 18 days
Range: $234,429 – $652,500

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $363,895 after 7 days
Range: $237,500 – $660,000
S. Arlington Average Net Sale Price: $225,748 after 19 days
Range: $95,000 – $315,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $543,468 after 19 days
Range: $295,000 – $1,096,860
S. Arlington Average Net Sale Price: $415,470 after 10 days
Range: $258,000 – $530,000

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