Median Sales Price Increases 2 Percent in Arlington during October

During October, 105 properties sold in Arlington County, of which only 1 was a short sale. The average price decreased 3% BUT the median sales price increased by 2%. Inventory was down 39% while units sold were up 45% – we’re selling through houses fast! Properties were getting 97.3% of original asking price, on average. Here are the averages for the month:

Single Family Homes
N. Arlington Average Net Sale Price: $804,963 after 26 days
Range: $517,500 – $1,499,101
S. Arlington Average Net Sale Price: $587,06 after 34 days
Range: $384,600 – $922,000

Townhomes
N. Arlington Average Net Sale Price: $758,163 after 8 days
Range: $537,000 – $1,104,000
S. Arlington Average Net Sale Price: $393,964 after 36 days
Range: $200,000 – $542,400

1 Bedroom, Bathroom Condos
N. Arlington Average Net Sale Price: $433,438 after 21 days
Range: $288,475 – $805,000
S. Arlington Average Net Sale Price: $210,360 after 34 days
Range: $142,500 – $301,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $599,856 after 22 days
Range: $340,000 – $855,000
S. Arlington Average Net Sale Price: $413,522 after 13 days
Range: $289,990 – $530,000

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