Average prices rose 6.5% over last year, fueled by our continued low inventory – 26% less than last year in fact. On average, properties were selling for 97.4% of original list price. A total of 345 properties sold last month, a huge number following a busy spring market. Of those, only 11 were short sales and 4 were bank owned.
Single Family Homes
N. Arlington Average Sale Price: $909,767 after 33 days
Range: $421,052 – $2,500,000
S. Arlington Average Sale Price: $605,212 after 35 days
Range: $302,000 – $1,200,000
Townhomes
N. Arlington Average Sale Price: $736,909 after 23 days
Range: $440,000 – $1,010,000
S. Arlington Average Sale Price: $500,179 after 11 days
Range: $295,000 – $697,788
1 Bedroom, 1 Bathroom Condos
N. Arlington Average Sale Price: $322,536 after 42 days
Range: $152,500 – $409,000
S. Arlington Average Sale Price: $242,282 after 43 days
Range: $113,000 – $370,000
2 Bedroom, 2 Bathroom Condos
N. Arlington Average Sale Price: $596,425 after 45 days
Range: $257,470 – $1,284,900
S. Arlington Average Sale Price: $411,421 after 41 days
Range: $275,000 – $553,128
Search Arlington Homes For Sale or Find Out What Your Arlington Home Is Worth
We are starting to notice inventory shortages here in parts of Albuquerque as well. This market is definitely turning around.