Arlington December 2019 Home Sales:

• 132 homes went under contract in Arlington. This is down 25% from the same time period in 2018.

• 54% of the homes went to settlement in December 2019, sold in 10 days or less from when they hit the market.

• Average sold price was $727,684 (up 11% from the same time period in 2018 when it was $653,107).

• 111 homes came on the market. That’s up 4.7% from December 2018.

• Homes that sold (closed) averaged 30 days on market, 11 days faster than in December of 2018.

• There is a 0.6 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 148 Arlington homes for sale (townhouse, condo and single family).

Additional Year-End Stats – 2018 vs 2019:

Average sold price increased by 6.4% ($661,503 vs $704,048)

Total units sold decreased by 9.6%

Average sales price to original list price ratio increased just slightly – 98% to 99%

OVERALL: Arlington is still very much a Sellers Market and the inventory continues to drop.  The market slowed again in December (which is not unexpected during the holiday season)…we saw a 27% decrease in number of homes that went under contract from last month and a 40% decrease in the number of new listings that came on the market.

In the $1 Million and above price point, the months supply of homes is at 2.2 and under $1 Million sits at .5.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory remains low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington November 2019 Home Sales:

• 182 homes went under contract in Arlington. This is down 34.5% from the same time period in 2018.

• 54% of the homes went to settlement in November 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $726,927 (up 11.3% from the same time period in 2018 when it was $653,270)

• 184 homes came on the market. That’s down 8.5% from November 2018.

• Homes that sold (closed) averaged 22 days on market, 13 days faster than in November of 2018!

• There continues to be a 0.9 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 211 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still very much a Sellers Market and the inventory continues to drop.  We saw a 12% decrease in the number of homes that went under contract from last month, a 30% decrease in the number of new listings that came on the market and the months supply of homes is under 1.

In the $1 Million and above price point, the months supply of homes is at 2.2 and under $1 Million sits at .5.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory remains low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington October 2019 Home Sales:

• 208 homes went under contract in Arlington. This is down 8.4% from the same time period in 2018.

• 61% of the homes went to settlement in September 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $664,811 (up 1% from the same time period in 2018 when it was $657,942)

• 264 homes came on the market. That’s down 13% from October 2018.

• Homes that sold (closed) averaged 19 days on market, 12 days faster than in September of 2018!

• There continues to be a 1.1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 260 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still a very active and very much a Sellers Market.  Note that the number of homes that went under contract and came on the market decreased compared to both last month and this time last year. 

In the $1 Million and above price point, the months supply of homes is at 2.5 and under $1 Million sits at .6.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory remains low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington September 2019 Home Sales:

• 238 homes went under contract in Arlington. This is up to 5.8% from the same time period in 2018.

• 56% of the homes went to settlement in September 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $705,997 (up 13% from the same time period in 2018 when it was $624,646)

• 308 homes came on the market. That’s down 21% from September 2018.

• Homes that sold (closed) averaged 29 days on market, 34 days faster than in September of 2018!

• There continues to be a 1.1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 262 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still a very active and very much a Sellers Market.  The number of homes that went under contract increased compared to both last month and this time last year.  The average sales price is also up from last month and this time last year and despite decreasing from September last year, the number of homes to come on the market increased from August this year.

In the $1 Million and above price point, the months supply of homes remains at 2.4 and under $1 Million sits at .7.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory remains low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington August 2019 Home Sales:

• 196 homes went under contract in Arlington. This is down 18% from the same time period in 2018.

• 57% of the homes went to settlement in July 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $701,632 (down .5% from the same time period in 2018 when it was $698,144)

• 243 homes came on the market. That’s down 17% from August 2018.

• Homes that sold (closed) averaged 26 days on market, 51 days faster than in August of 2018!

• There continues to be a 1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 226 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still a very active and very much a Sellers Market.  Compared to last month, there were not many changes in this area.  However there were some notable changes from this time last year…number of homes that went under contract & came on the market decreased and the average days on market decreased significantly!

In the $1 Million and above price point, the months supply of homes stands at 2.4 (up slightly from last month) and under $1 Million sits at .7.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory remains low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington July 2019 Home Sales:

• 247 homes went under contract in Arlington. This is down 11.2% from the same time period in 2018.

• 53% of the homes went to settlement in July 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $684,884 (up 4.1% from the same time period in 2018 when it was $657,868)

• 259 homes came on the market. That’s down 16.72% from July 2018.

• Homes that sold (closed) averaged 30 days on market, 20 days faster than in July of 2018!

• There continues to be a 1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 215 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still a very active and very much a Sellers Market.  Compared to last month, there were not many changes in this area.  

In the $1 Million and above price point, the months supply of homes stands at 1.9 (down from last month) and under $1 Million sits at .6.  Both Sellers Markets but the lower price range homes are selling quite faster. Inventory remains low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington June 2019 Home Sales:

• 265 homes went under contract in Arlington. This is down 12.25% from the same time period in 2018.

• 54% of the homes went to settlement in June 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $733,984 (up 13.29% from the same time period in 2018 when it was $647,859)

• 294 homes came on the market. That’s down 27.41% from June 2018.

• Homes that sold (closed) averaged 35 days on market, 23 days faster than in June of 2018!

• There continues to be a 1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 246 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is an active and still very much a Sellers Market.  As with other areas we looked at, fewer homes hit the market compared to last month and the days on market increased slightly.

In the $1 Million and above price point, the months supply of homes remains at 2.7 and under $1 Million sits at .7.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory is low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington May 2019 Home Sales:

• 319 homes went under contract in Arlington. This is down 10.64% from the same time period in 2018.

• 53% of the homes went to settlement in May 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $711,616 (up 6.86% from the same time period in 2018 when it was $665,950)

• 377 homes came on the market. That’s down 20.80% from May 2018.

• Homes that sold (closed) averaged 30 days on market, 23 days faster than in May of 2018!

• There continues to be a 1.1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 269 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still very much a Sellers Market.  Overall stats are very similar to April.

In the $1 Million and above price point, the months supply of homes is 2.7 and under $1 Million sits at .7.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory is low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington April 2019 Home Sales: 

• 294 homes went under contract in Arlington. This is down 13.53% from the same time period in 2018.

• 52% of the homes went to settlement in April 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $738,263 (up 10.92% from the same time period in 2018 when it was $665,602)

• 341 homes came on the market. That’s down 29.55% from April 2018.

• Homes that sold (closed) averaged 32 days on market, 25 days faster than in April of 2018!

• There continues to be a 1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 245 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still very much a Sellers Market.  In the $1 Million and above price point, the months supply of homes is 2.9 and under $1 Million sits at .8.  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory is low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington March 2019 Home Sales:

• 281 homes went under contract in Arlington. This is down 8.8% from the same time period in 2018.

• 50% of the homes went to settlement in March 2019, sold in 10 days or less from when they hit the market!  

• Average sold price was $670,930 (up slightly from last month & up 2.3% from the same time period in 2018 when it was $655,889)

• 348 homes came on the market. That’s down 11.7% from March 2018.

• Homes that sold (closed) averaged 43 days on market, 28 days faster than in March of 2018!

• There continues to be a 1 month supply of homes (remember, in a balanced market - the demand from buyers equals the supply from sellers - there is a 5-6 months supply) in Arlington – and 242 Arlington homes for sale (townhouse, condo and single family).

OVERALL: Arlington is still very much a Sellers Market.  

In the $1 Million and above price point, the months supply of homes is 2.8 (down slightly from last month) and under $1 Million sits at .9 (up very little).  Both Sellers Markets but the lower price range homes are selling quite a bit faster. Inventory is low and if the home is priced right it will sell fast and sellers may find themselves in a multiple offer situation if they are priced “competitively”. 

Arlington February 2019 Home Sales: 

Arlington January 2019 Home Sales: