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Just Listed in Arlington

by ARLnow.com Sponsor October 10, 2014 at 5:00 am 0

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Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

The pace of the Arlington real estate market remains steady, with buyers again this week busily ratifying 56 contracts while 73 home owners put their properties up for sale.

Of the 56 ratified deals, some 38 were condos and townhomes and only seven homes were priced over $1 million. The high ratio of condo sales pulled the average list price of ratified contracts down to $512,000 from the previous week’s average of $766,000. Of those ratified, the average days on market was 42, almost identical to last week’s average DOM.

The total inventory in Arlington of actively available homes stands at 667, providing a good variety of choices for buyers. Mortgage interest rates also dropped this week with a conventional 30-year fixed rate moving from 4.25 percent last week to 4.15 percent this week.

You can access all active listings in Arlington on the Cathell Team website.

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