South Arlington Home Market at a Glance – October 2013

By
Real Estate Sales Representative with Keller Williams

Number of Homes Currently for Sale as of today, November 14th, 2013
Single family, detached - 36
Condos - 23
Townhouses – 9

Number of Closed Sales in October
Single family, detached - 14
Condos - 22
Townhouses - 14

Median Sale Price in October
Single family, detached - $592,500
Condos – $295,450
Townhouses – $422,500

Average number of days on the market in October
Single family, detached - 26
Condos – 23
Townhouses – 9

Number of sales currently pending
Single family, detached - 18
Condos - 30
Townhouses – 14

Average Sale Price for Homes
Detached homes - $624,308
Attached homes – $333,077

Average List Price for Homes
$413,190

Average Sale Price to List Price Ratio
99%

Absorption Rate as of today, November 14th, 2013
Single family, detached – 2.57 months
Condos – 1.05 months
Townhouses – 0.64 months

If you’re thinking of putting your home on the market in South Arlington, call me on my cell phone at 703-462-0700 to request a free comparative market analysis.

If you’re looking to buy a home in South Arlington, contact me so I can help you in your search. I’m an experienced buyer agent who grew up in this area and knows the real estate market in Arlington very well.

To learn more about the home market in South Arlington, visit my blog: http://northernvirginiahomepro.com/south-arlington-home-market-report-for-october-2013/

To search online for South Arlington real estate, visit my website: http://www.searchnorthernvarealestate.com/

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