The year-end numbers are in for 2013. Here’s the highlight for the 2013 Arlington Real Estate Market Review: the low inventory, increasing interest rates, and bidding wars.
2013 Year End Numbers
- Average Prices: UP 5.1%
- Median Prices: UP 3.12%
- Unit Sold: UP 6.3%
- Days on the market: DOWN 30% (37)
- Average Sale Price of Original List Price: 98.2%
- 60% of all sales in 2013 sold within 20 days of going on the market
- Condos prices increased 3.2%