Arlington Real Estate Price Down in September

Arlington Real Estate Price Down in September

Average Arlington real estate price was down nearly 7% in September from last year. Inventory was also down 6%, units sold were down by 14%. You know what that means? It’s Election Time. It always causes some level of uncertainty about the future of the economy and people wait to sell their home. I would expect to see some lagging inventory hit the market come 2017 because of this wait.

Single Family Homes
N. Arlington Average Sale Price: $985,520 in 26 days
Range: $610,000 – $1,851,964
S. Arlington Average Sale Price: $747,264 in 37 days
Range: $374,900 – $1,625,000

Townhomes
N. Arlington Average Sale Price: $846,000 in 32 days
Range: $490,000 – $1,200,000
S. Arlington Average Sale Price: $435,225 in 13 days
Range: $235,000 – $898,899

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Sale Price: $337,008 in 50 days
Range: $176,500 – $554,000
S. Arlington Average Sale Price: $271,695 in 40 days
Range: $124,900 – $375,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Sale Price: $650,515 in 46 days
Range: $373,000 – $1,600,000
S. Arlington Average Sale Price: $434,348 in 48 days
Range: $294,900 – $550,000

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