Arlington VA April 2012 Real Estate Market

Arlington, Virginia, April,  2012, Real Estate Market, Statistics, Keller Williams

Statistic Values YoY MoM
Total Sold Dollar Volume $150,288,150 +38.47% +38.98%
Closed Sales 245 +17.22% +26.29%
Median Sold Price $549,000 +27.7% +7.76%
Avg Sold Price $613,421 +18.13% +10.05%
Avg Days on Market 61 days -16.44% -17.57%
Avg Sold to Orig List Ratio 96.98% +0.22% +0.84%

By the looks of the Realestate Business Intelligence table summary,  it’s clear that the warmer weather has been treating the real estate market very well. For the month of April,  Arlington’s real estate market has been doing fairly decent. Average sold price and Median sold price have increased, 10.05% and 7.76%. In other words, sellers are making a decent profit of their home if not more. Home are being sold for its true value, just take a look at the average sold price vs. original listing price ratio, up .84% from last month and up .22% in comparance to last year.

Some other positive points to consider are the increase in number of closed sales and the decrease in number of days on market. Listings are being sold quicker than anticipated which is good. The average number of days a listing was on the market for the month of April 2012 was 61 days  which is a 17.57% decrease from last month and a 16.44% decrease from this time last year. 

 

The purpose of these statistics is to help those who are considering selling there home or prospective buyers . It helps a homeowner determine the best time to make a listing active and as for buyers, these statistics help in determining when the best time to make offers.

If your intersted in more statistics or interested in finding listing in this area, CALL NORM.com

 

I can help you:

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Feel free to contact me anytime  Norm [at] callnorm.com    Make it a great day!   www.callnorm.com Keller Williams Realty Arlington VA

Arlington VA homes for sale in the following zip codes
22201, 22203, 22205, 22207, 22209, 22213,22202, 22204, 22206
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