December Real Estate Prices Climb 4.3% Over 2011

A total of 179 properties sold in December, of which only 9 were short sales. The average sale price was 4.3% above December 2011, while the number of units sold also grew 3.55%. Sellers averaged 96.6% of original list price and condos were the big movers with a 10.7% increase. I included the average and median days on the market when they varied greatly. If there wasn’t a huge difference, just the average is displayed below.

Single Family Homes
N. Arlington Average Net Sale Price: $926,691 after 48 days
Range: $544,900 – $1,819,253
S. Arlington Average Net Sale Price: $540,312 after 44 days (median was 14)
Range: $265,000 – $1,175,000

Townhomes
N. Arlington Average Net Sale Price: $687,114 after 105 days (median was 54)
Range: $590,000 – $761,000
S. Arlington Average Net Sale Price: $477,125 after 37 days
Range: $300,000 – $772,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $376,841 after 21 days (median was 13)
Range: $212,000 – $846,910
S. Arlington Average Net Sale Price: $262,975 after 64 days (median was 45)
Range: $124,000 – $340,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $596,200 after 34 days (median was 9)
Range: $415,000 – $855,000
S. Arlington Average Net Sale Price: $453,433 after 47 days (median was 37)
Range: $252,000 – $615,000

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