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May Market Update for Arlington Home Sales

Monday, June 14th, 2010 at 3:45pm. 200 Views, 0 Comments.

The May Market Report for Arlington Homes is now available!Arlington County Market Minute Update

There wasn an increase in Arlington Homes sold with a total of 274.  This month's total homes sold was an increase of 5% versus May, 2009.

Active inventory of Arlington homes for sale is down 6%.  May inventory is also down 2% from April, 2010.

The median sales price of Arlington homes increased 3% to $464,250.  The median sold price is 4% higher than last year.

There is currently a 3.0 months supply of Arlington homes.

Days on market are down an amazing 40% with an average of 34 days compared to 57 days last year.

 

As always, if you would like to see a market report for another county in the area just post here.

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