Slow February Real Estate in Arlington

Slow February Real Estate in Arlington

The February real estate market was slooooooow. Days on the market were up, inventory is down, prices are barely up, but that is translating into a very good March so far. The numbers for February are in: average sale price up about 1%, new inventory down 2%, days on the market crept up to 74 (from 63), and sellers averaged 96.2% of asking.

Single Family Homes

N. Arlington Average Net Sale Price: $1,005,733 in 33 days
Range: $360,000 – $1,750,000
S. Arlington Average Net Sale Price: $623,146 in 56 days
Range: $390,000 – $840,000

Townhomes
N. Arlington only a few sold, not a good indicator of price
S. Arlington Average Net Sale Price: $589,235 in 47 days
Range: $260,000 – $820,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $347,993 in 56 days
Range: $215,000 – $530,000
S. Arlington Average Net Sale Price: $268,766 in 25 days
Range: $162,000 – $365,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $755,112 in 60 days
Range: $455,000 – $2,550,000
S. Arlington Average Net Sale Price: $400,000 in 54 days
Range: $235,000 – $600,000

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