arlington real estate statistics

December 2017 Real Estate Statistics

Here are your December 2017 Arlington Va Real Estate Statistics. Inventory continues to lag. There were 351 active listings in Dec. 2017 as opposed to 399 in 2016. New listings, new contingent contracts, new pending sales all lagged behind 2016. Buyers are waiting out new inventory. They have shown a reluctance to pay more just because inventory is low. The detached average sold price dropped 3.43% year over year, while the attached average sold priced crept up 1.40%. Attached and Detached number of units sold but dropped year over year. If you are buying in Arlington, Va or selling or thinking of selling in Arlington it’s important to note that these are county wide numbers. There will be differences when looking at specific zip codes or even neighborhoods within those zip codes. When pricing an Arlington property it’s important to understand what’s happening to real estate prices in the specific neighborhood you are in. If you would like additional information about zip codes or neighborhoods, ask a specialist. Jane Jensen 571-228-5656 or janejensen@comcast.net

december2017arlingtonvastats

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