Arlington Real Estate Prices Up 6% in September

Looks like we’re up 6% overall from 2009 and we’re even higher than 2008 prices. Ironically, days on market was unchanged from 2009 at 62, while median sales price was up 10%. There were 176 sales last month, of which 14 were bank-owned and 12 were short sales, accounting for about 15%, that’s a little above our monthly average. Check out the prices by property type:

Single Family, Detached
North Arlington, Average Net Sale Price: $727,964 after 55 days (range: $412,500 – $1,600,000)
South Arlington, Average Net Sale Price: $467,648 after 63 days (range: $300,000 – $953,628)

Townhomes
North Arlington, Average Net Sale Price: $680,529 after 39 days (range: $470,000 – $1,100,00)
South Arlington averages were not calculated as only 3 were sold

1 Bedroom Condos
North Arlington, Average Net Sale Price: $301,316 after 58 days (range: $107,000 – $410,000)
South Arlington, Average Net Sale Price: $286,765 after 55 days (range: $74,200 – $350,000)

2 Bedroom Condos
North Arlington, Average Net Sale Price: $564,819 after 62 days (range: $411,000 – $737,500)
South Arlington, Average Net Sale Price: $398,765 after 70 days (range: $223,003 – $585,000)

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