Arlington Real Estate February 2017 – Prices Take A Huge Jump

Arlington Real Estate February 2017 – Prices Take A Huge Jump

If you read my last post, you’ll see that we’re in a sellers market in Arlington. February numbers back that up as the headline reads: Arlington Real Estate February 2017 – Prices Take A Huge Jump! Average sale price increased over 7%, units sold increased by 27%, active inventory dipped 10% from last year, and sellers averaged 97.1% of original asking price. Average days on the market was 74 but 34% sold in under 10 days. Check out the numbers:

Single Family Homes
N. Arlington Average Sale Price: $1,192,626 in 61 days
Range: $565,000 – $2,100,000
S. Arlington Average Sale Price: $7697,644 in 74 days
Range: $430,000 – $1,187,000

Townhomes
N. Arlington Average Sale Price: $943,375 in 13 days
Range: $525,000 – $1,200,000
S. Arlington Average Sale Price: $626,250 in 34 days
Range: $359,500 – $877,015

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Sale Price: $358,638 in 47 days
Range: $179,900 – $722,000
S. Arlington Average Sale Price: $250,963 in 57 days
Range: $155,000 – $325,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Sale Price: $684,047 in 47 days
Range: $240,000 – $1,300,000
S. Arlington Average Sale Price: $479,860 in 14 days
Range: $320,000 – $732,500

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