Arlington Real Estate Inventory Finally Picks Up

Arlington Real Estate Inventory Finally Picks Up

The big story has been the lack of inventory in Arlington over the past few months (and to be honest, inventory is still tight), BUT, October numbers are out and inventory last month was finally higher than in previous months. In fact, about 17% more active listings than last year. Average prices increased 10.14%, units sold was 258 (up about 18%), days on the market averaged only 29, and sellers averaged 98.5% of asking price. Only 6 (about 2%) of the sales were foreclosures or short sales.

Single Family Homes
N. Arlington Average Net Sale Price: $901,746 in 34 days
Range: $325,000 – $1,499,000
S. Arlington Average Net Sale Price: $718,679 in 20 days
Range: $341,000 – $1,371,750

Townhomes
N. Arlington Average Net Sale Price: $739,229 in 14 days
Range: $493,500 – $1,169,500
S. Arlington Average Net Sale Price: $530,833 in 8 days
Range: $417,000 – $725,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $384,718 in 24 days
Range: $193,000 – $764,900
S. Arlington Average Net Sale Price: $276,924 in 22 days
Range: $102,000 – $361,800

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $707,671 in 30 days
Range: $370,500 – $2,500,000
S. Arlington Average Net Sale Price: $417,926 in 25 days
Range: $174,636 – $548,700

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