Arden Real Estate Market Continues Weakening in Contracts

The Arden market saw zero homes go under contract, and failed to break out of an identifiable downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price in Arden stayed put this week at $570,000.

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Demographic facts about Arden:

  • The total number of vacant homes in the area is 9.1%.
  • Average number of sunny days is 200 per year. (U.S. average: 205)
  • The student-to-librarian ratio is 875:1. (803:1 = national average)

Data reported through 10/12/2016

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