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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