Real Estate Prices Rebound Post Trump Election Win

Real Estate Prices Rebound Post Trump Election Win

Again, not a politically motivated post, but it is a post about how the election affected our real estate market. Arlington real estate prices rebound post Trump election win. Historically, all elections slow down activity leading up the big day. October prices were down from last year.  November however, shows that real estate prices rebounded post Trump. Average prices were up 1.3%, the number of units sold was up by 62 (35%), and sellers averaged 97.3%. Continuing with the theme of 2016 though, inventory was down 18%.

Single Family Homes
N. Arlington Average Sale Price: $1,022,795 in 30 days
Range: $444,765 – $2,050,000
S. Arlington Average Sale Price: $731,140 in 26 days
Range: $431,767 – $1,530,000

Townhomes
N. Arlington Average Sale Price: $889,056 in 37 days
Range: $601,585 – $1,421,650
S. Arlington Average Sale Price: $497,271 in 27 days
Range: $296,600 – $867,895

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Sale Price: $366,665 in 55 days
Range: $231,000 – $525,000
S. Arlington Average Sale Price: $257,487 in 43 days
Range: $106,000 – $400,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Sale Price: $651,446 in 27 days
Range: $385,000 – $1,375,000
S. Arlington Average Sale Price: $437,422 in 30 days
Range: $225,900 – $625,000

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