Arlington Real Estate Market Slides to Contracts Low

Over the last 30 days, 148 homes went under contract in the Arlington market, the lowest amount since last January. As the market appears to be approaching a low, there were 190 homes sold over the same period. When comparing other close-by municipalities within the same period, the most came from Washington with 543 contracts executed. The median sales price in Arlington stayed put this week at $550,000. With only two months of inventory to sell, Arlington is a still solid seller's market, even after taking into consideration the falling contracts numbers.

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Demographic facts about Arlington:

  • The population is currently 207,627.
  • This area has a safety rating of 63. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 30 minutes.

Data reported through 1/11/2017

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