Arlington currently leans toward sellers, with the market gauge indicating a seller’s market even as conditions moderate. Inventory has expanded to about 3.4 months of supply, up more than 60 percent from a year ago, giving buyers somewhat more choice. Homes are taking longer to sell, with the median days on market rising to 46 in this rolling three-month view.
Prices have pushed higher over the past year, with the typical home value up roughly 10 percent compared with last year’s period. At the same time, the median list price is slightly lower than a year ago, suggesting sellers are pricing more carefully even as values trend upward.
Activity levels show a mixed picture. Active listings are up around 8 percent year over year, while new listings have climbed more than 10 percent, but homes sold and pending sales are each down a few percent from last year. Only about 24 percent of recent sales closed above list, well below last summer’s share, and the average sale-to-list ratio sits just under 100 percent, indicating buyers have a bit more negotiating room than in the recent past. In this shifting environment, both buyers and sellers can benefit from an Agent Pronto–recommended real estate agent who understands Arlington’s trends and can guide them through the process.
