Inventory Down in Big Ways During August

Inventory Down in Big Ways During August

Inventory Down: The inventory of homes for sale in Arlington during August was down nearly 7% from last year. That can certainly be effected by the upcoming election, as it always slows down the real estate market with uncertainty moving forward. With the fall of available homes, you would have expected price increases…however, the average sale price increase was only 2.5%, while days on the market averaged 42 and sellers averaged 97.4% of original asking price.

Single Family Homes

N. Arlington Average Sale Price: $1,024,075 in 20 days
Range: $570,000– $2,365,000
S. Arlington Average Sale Price: $645,007 in 21 days
Range: $349,650 – $1,049,957

Townhomes
N. Arlington Average Sale Price: $934,556 in 29 days
Range: $595,000 – $1,447,577
S. Arlington Average Sale Price: $550,767 in 13 days
Range: $370,000 – $742,500

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Sale Price: $348,909 in 33 days
Range: $187,000 – $547,000
S. Arlington Average Sale Price: $246,514 in 40 days
Range: $130,000 – $371,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Sale Price: $760,863 in 49 days
Range: $253,000 – $2,410,000
S. Arlington Average Sale Price: $420,472 in 30 days
Range: $165,000 – $540,000

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