Arlington Real Estate Market Sees Home Sales Decline

The Arlington market slowed with a 5.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 220.7 monthly average with 199 homes sold. Meanwhile, close-by Washington reported 594 homes sales, the highest number from all the surrounding cities. Months of inventory is on a four-week upswing, this week hitting three months. With such low levels of inventory, Arlington is still a seller's market, in spite of the dip in sales.

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Demographic facts for Arlington:

  • The rating for this area for population growth is 68. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 339.6 physicians.
  • The health cost index score in this area is 104.1. (100 = national average)
  • Residents who travel to work by car account for 54.0% of all commuters, while carpools account for 7.2%, and public transit makes up 25.8%.

Data reported through 10/19/2016

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