Arlington Real Estate Continues To Be Strong

Another strong month during July for the Arlington real estate market. Prices continue to increase over last year, this time by an average of nearly 4%, while inventory continues it’s steep decline. Property sales averaged 97.6% of asking price, and the average days on the market were 47. A total of 257 sold last month, of which only 4 were short sales and 3 were foreclosures.

Single Family, Detached Homes
N. Arlington Average Net Sale Price: $845,364 after 45 days
Range: $435,000 – $2,100,000
S. Arlington Average Net Sale Price: $653,892 after 27 days
Range: $369,270 – $2,040,261

Townhomes
N. Arlington Average Net Sale Price: $698,591 after 15 days
Range: $459,600 – $1,183,700
S. Arlington Average Net Sale Price: $448,714 after 45 days
Range: $263,500 – $800,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $366,445 after 44 days
Range: $200,000 – $900,000
S. Arlington Average Net Sale Price: $285,754 after 54 days
Range: $220,000 – $346,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $686,535 after 33 days
Range: $420,000 – $1,975,000
S. Arlington Average Net Sale Price: $375,850 after 77 days
Range: $255,000 – $569,900

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