Arlington Real Estate Market: July 2012

Statistic Values YoY MoM
Total Sold Dollar Volume $145,494,248 +7.7% -31.15%
Closed Sales 253 +3.69% -24.7%
Median Sold Price $520,000 +4% -5.45%
Avg Sold Price $575,076 +3.87% -8.56%
Avg Days on Market 47 days -14.55% +4.44%
Avg Sold to Orig List Ratio 97.58% +2.03% +0.22%

Arlington’s July real estate market wasn not the best month.  By looking at the available statistics, it shows that our market was uneventful. Less homes were sold and homes listed were on the market for an additional average of 4.44% days more. Homes that were sold were sold at a decreased average sold price of 8.56%. It is clear that not many homes were sold or listed; not much action. There are probably several reasons for this decline possibly the ending of summer and begining of school days but one can never really say why individuals are not buying. Graphs below display a better illustration of July’s market for Arlington.

 Interested in more stats? Check out Real Estate Market Stats

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