Arlington December 2023 Home Sales:

• 108 homes went under contract in Arlington. This is up 4% from the same time period in 2022.

• 43% of the homes went to settlement in December 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $923,921 (up 27% from the same time period in 2022 when it was $726,765).

• 79 homes came on the market. That’s down 5% from December 2022.

• Homes that sold (closed) averaged 37 days on market, 7 days faster than in December 2022.

• There is an 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 209 Arlington homes for sale (townhouse, condo and single-family).

Additional Year-End Stats – 2023 vs 2022:

Average sold price increased by 6% ($850,518 vs $802,205)

Total units sold decreased by 21%

Average sales price to original list price ratio decreased – 99.1% vs 99.3%

OVERALL: Arlington remained a Seller’s Market.   Inventory was down from the prior month and remains down 15% year-over-year.   The number of homes going under contract and the number coming on the market decreased from last month.  Average sold price was up from November as well as compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 1.6 and under $1 Million sits at 1.1…both Seller’s Markets.  

Arlington November 2023 Home Sales:

• 150 homes went under contract in Arlington. This is up 9% from the same time period in 2022.

• 47% of the homes went to settlement in November 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $896,981 (up 30% from the same time period in 2022 when it was $689,486).

• 132 homes came on the market. That’s down 18% from November 2022.

• Homes that sold (closed) averaged 28 days on market, 7 days faster than in November 2022.

• There is an 1.6 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 303 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was down from the prior month and remains down 11% year-over-year.   The number of homes going under contract and the number coming on the market decreased from last month.  Average sold price was up slightly from October as well as compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 1.8 and under $1 Million sits at 1.3…both Seller’s Markets.  

Arlington October 2023 Home Sales:

• 171 homes went under contract in Arlington. This is down 5% from the same time period in 2022.

• 55% of the homes went to settlement in October 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $864,982 (up 6% from the same time period in 2022 when it was $815,443).

• 223 homes came on the market. That’s down 2% from October 2022.

• Homes that sold (closed) averaged 21 days on market, 10 days faster than in October 2022.

• There is an 1.9 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 356 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was up from the prior month but remains down 11% year-over-year.   The number of homes going under contract and the number coming on the market were in line with last month.  Both of these numbers continue to be down just slightly from this time last year.  Average sold price was up from September as well as compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 2.0 and under $1 Million sits at 1.4…both Seller’s Markets.  

Arlington September Q3/2023 Home Sales:

• 169 homes went under contract in Arlington. This is down 17% from the same time period in 2022.

• 50% of the homes went to settlement in September 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $845,138 (up 25% from the same time period in 2022 when it was $676,220).

• 225 homes came on the market. That’s down 39% from September 2022.

• Homes that sold (closed) averaged 24 days on market, 5 days faster than in September 2022.

• There is an 1.7 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 332 Arlington homes for sale (townhouse, condo and single-family).

Additional 3rd Quarter-End Stats – 2023 vs 2022:

Average sold price increased by 8.7% ($864,031 vs $794,762)

Total units sold decreased by 19%

Average sales price to original list price ratio increased – 99.3% vs 98.0%

OVERALL: Arlington remained a Seller’s Market.   Inventory was up from the prior month but remains down 24% year-over-year.   The number of homes going under contract decreased slightly and the number coming on the market increased from last month.  Both of these numbers  continue to be down from this time last year.  Average sold price was down from August but up compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 2.0 and under $1 Million sits at 1.2…both Seller’s Markets.  

Arlington August 2023 Home Sales:

• 178 homes went under contract in Arlington. This is down 19% from the same time period in 2022.

• 48% of the homes went to settlement in August 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $874,332 (up 14% from the same time period in 2022 when it was $769,565).

• 216 homes came on the market. That’s down 8% from August 2022.

• Homes that sold (closed) averaged 22 days on market, 1 day faster than in August 2022.

• There is an 1.5 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 284 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was basically unchanged from the prior month but was down 24% year-over-year.   The number of homes going under contract decreased slightly and the number coming on the market increased from last month.  Both of these numbers  continue to be down from this time last year.  Average sold price was up from July and compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 1.7 and under $1 Million sits at 1.1…both Seller’s Markets.  

Arlington July 2023 Home Sales:

• 186 homes went under contract in Arlington. This is down 13% from the same time period in 2022.

• 56% of the homes went to settlement in July 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $871,042 (down 4% from the same time period in 2022 when it was $904,760).

• 210 homes came on the market. That’s down 40% from July 2022.

• Homes that sold (closed) averaged 19 days on market, 1 day faster than in July 2022.

• There is an 1.4 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 282 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was basically unchanged from the prior month but was down 39% year-over-year.   The number of homes going under contract and coming on the market decreased from last month.  Both of these numbers also continue to be down from this time last year.  Average sold price was up from June but down compared to the same time last year.

Arlington June/Q2 2023 Home Sales:

• 218 homes went under contract in Arlington. This is down 13% from the same time period in 2022.

• 60% of the homes went to settlement in June 2023, sold in 10 days or less from when they hit the market. 

• Average sold price was $827,143 (down 1.0% from the same time period in 2022 when it was $834,807).

• 236 homes came on the market. That’s down 44% from June 2022.

• Homes that sold (closed) averaged 21 days on market, 1 day slower than in June 2022.

• There is an 1.4 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 284 Arlington homes for sale (townhouse, condo and single-family).

Additional 2nd Quarter-End Stats – 2023 vs 2022:

Average sold price increased by 0.2% ($834,980 vs $833,065)

Total units sold decreased by 16%

Average sales price to original list price ratio decreased – 100.0% vs 101.3%

OVERALL: Arlington remained a Seller’s Market.   Inventory was up from the prior month but was down 33% year-over-year.   The number of homes going under contract and coming on the market decreased from last month.  Both of these numbers continue to be down from this time last year.  Average sold price was down slightly from May and compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 1.9 and under $1 Million sits at 0.9…both Seller’s Markets.  

Arlington May 2023 Home Sales:

• 259 homes went under contract in Arlington. This is down 14% from the same time period in 2022.

• 70% of the homes went to settlement in May 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $829,491 (up 1.2% from the same time period in 2022 when it was $819,947).

• 262 homes came on the market. That’s down 34% from May 2022.

• Homes that sold (closed) averaged 17 days on market, 1 day faster than in May 2022.

• There is an 1.3 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 274 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was the same as the prior month but was down 23% year-over-year.   The number of homes going under contract and coming on the market increased just slightly.  Both of these numbers continue to be down from this time last year.  Average sold price was down from April and up compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 2.4 and under $1 Million sits at 1.0…both Seller’s Markets.  

Arlington April 2023 Home Sales:

• 256 homes went under contract in Arlington. This is down 22% from the same time period in 2022.

• 62% of the homes went to settlement in April 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $845,587 (up 3.2% from the same time period in 2022 when it was $819,673).

• 242 homes came on the market. That’s down 40% from April 2022.

• Homes that sold (closed) averaged 32 days on market, 13 days slower than in April 2022.

• There is an 1.3 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 274 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory decreased from the prior month and was down 16% year-over-year.   The number of homes going under contract and coming on the market increased and decreased respectively.  Both of these numbers continue to be down significantly from this time last year.  Average sold price was up just slightly from March and up compared to the same time last year.

In the $1 Million and above price point, the months supply of homes is at 2.7 and under $1 Million sits at 0.9…both Seller’s Markets.  

Arlington March/Q1 2023 Home Sales:

• 243 homes went under contract in Arlington. This is down 26% from the same time period in 2022.

• 53% of the homes went to settlement in March 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $844,318 (up 7.5% from the same time period in 2022 when it was $785,208).

• 280 homes came on the market. That’s down 40% from March 2022.

• Homes that sold (closed) averaged 29 days on market, 9 days slower than in March 2022.

• There is an 1.4 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 295 Arlington homes for sale (townhouse, condo and single-family).

Additional 1st Quarter-End Stats – 2022 vs 2023:

Average sold price increased by 5% ($780,705 vs $817,982)

Total units sold decreased by 34%

Average sales price to original list price ratio decreased – 100.1% vs 98.1%

OVERALL: Arlington remained a Seller’s Market.   Inventory increased from the prior month but was down 3.6% year-over-year.   The number of homes going under contract and coming on the market also increased, but both of these numbers continue to be down significantly from this time last year.  Average sold price was up from February and up compared to the end of the first quarter last year.

In the $1 Million and above price point, the months supply of homes is at 2.6 and under $1 Million sits at 1.1…both Seller’s Markets.  

Arlington February 2023 Home Sales:

• 159 homes went under contract in Arlington. This is down 38% from the same time period in 2022.

• 47% of the homes went to settlement in February 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $820,218 (up 3.8% from the same time period in 2022 when it was $789,819).

• 173 homes came on the market. That’s down 40% from February 2022.

• Homes that sold (closed) averaged 39 days on market, the same as in February 2022.

• There is an 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 249 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was roughly the same compared to the prior month and was up 13% year-over-year.  The number of homes going under contract and coming on the market decreased and both of these numbers continue to be down from this time last year.  Average sold price was up from January as well as compared to the end of February last year.

Arlington January 2023 Home Sales:

• 167 homes went under contract in Arlington. This is down 19% from the same time period in 2022.

• 30% of the homes went to settlement in January 2023, sold in 10 days or less from when they hit the market.  

• Average sold price was $774,945 (up 2.3% from the same time period in 2022 when it was $757,534).

• 198 homes came on the market. That’s down 16% from January 2022.

• Homes that sold (closed) averaged 40 days on market, 2 days faster than in January 2022.

• There is an 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 245 Arlington homes for sale (townhouse, condo and single-family).

OVERALL: Arlington remained a Seller’s Market.   Inventory was the same compared to the prior month and was up 5.2% year-over-year.  The number of homes going under contract and coming on the market increased but both of these numbers continue to be down from this time last year.  Average sold price was up from December as well as compared to the end of January last year.

In the $1 Million and above price point, the months supply of homes is at 2.2 and under $1 Million sits at 1.2…both Seller’s Markets.