Arlington Real Estate Prices Up 5.3% From June 2010

As the Arlington market continues to show growth, median sales prices rose 5.3% over June 2010. Inventory was up 7.89% over June 2010, while average days on the market fell to 42, and properties sold at an average of 96.4% of original list price. For the month, 253 properties sold, of which 5 were foreclosures and 6 were short sales, accounting for 4.3% of the market. Below are averages based on property type and location, however they do not include coops or the Jefferson Retirement Condo.

Single Family, Detached
North Arlington Average Net Sales Price: $853,834 after 34 days
Range: $345,000 – $1,838,000
South Arlington Average Net Sale Price: $505,515 after 36 days
Range: $215,000 – $770,000

Townhomes
North Arlington Average Net Sale Price: $683,296 after 24 days
Range: $450,000 – $924,999
South Arlington Average Net Sale Price: $325,519 after 58 days
Range: $174,000 – $509,900

1 Bedroom, 1 Bathroom Condos
North Arlington Average Net Sale Price: $326,281 after 43 days
Range: $204,000 – $456,500
South Arlington Average Net Sale Price: $268,668 after 30 days
Range: $95,500 – $377,400

2 Bedroom, 2 Bathroom Condos
North Arlington Average Net Sale Price: $559,369 after 91 days
Range: $370,000 – $1,675,000
South Arlington Average Net Sale Price: $393,640 after 578 days
Range: $134,260 – $554,000

 

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