Spotty Real Estate Market During March

Spotty Real Estate Market During March

This has been a very funny, spotty real estate market during March in Arlington. Some things you expect to sell quickly – don’t. Some things you expect to sit – don’t. Overall, sales are up in price and units. Price averaged a 1.25% gain and units were up 25%. Sellers averaged 49 days and 98.7% of original asking price. Over half of the properties sold in March sold in under 10 days.

Single Family Homes

N. Arlington Average Net Sale Price: $983,951 in 38 days
Range: $549,000 – $1,954,000
S. Arlington Average Net Sale Price: $716,330 in 36 days
Range: $334,900 – $1,625,000

Townhomes
N. Arlington Average Net Sale Price: $732,708 in 25 days
Range: $554,500 – $1,037,000
S. Arlington Average Net Sale Price: $454,127 in 62 days
Range: $291,500 – $740,000

1 Bedroom, 1 Bathroom Condos
N. Arlington Average Net Sale Price: $326,956 in 43 days
Range: $155,000 – $500,000
S. Arlington Average Net Sale Price: $248,769 in 35 days
Range: $75,000 – $335,000

2 Bedroom, 2 Bathroom Condos
N. Arlington Average Net Sale Price: $640,941 in 17 days
Range: $394,400 – $1,649,000
S. Arlington Average Net Sale Price: $404,789 in 34 days
Range: $325,000 – $529,000

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