Just Make An Offer. Because I Said So.

Last week I did a post called “Funny The Way It Is…” about our mixed-signal real estate market, and how unpredictable things are lately. Well over the past week, I’ve noticed another trend – things are flying off the market, even if they’re overpriced.

Take a look at these numbers:

March 1, 2011 – current
473 Arlington properties sold
185 sold in 14 days or less (39%!)
Average Sale Price of List Price: 99.48%
Range: 89.43% – 160.27%

Currently pending:

447 properties in Arlington are Under Contract
205 of them went under contract in 14 days or less ( 46%!)

Obviously what they ultimately sell for will be seen in the coming months, but I strongly encourage you to MAKE an offer if you like something you see, even if it’s below list price. If there are multiple offers, it’s a totally different ballgame, but if you’re the only one – GO FOR IT!