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Just Listed in Arlington

by ARLnow.com Sponsor March 27, 2015 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.”

It’s been a great week for buyers in the Arlington real estate market. Another fresh wave of new inventory has hit the market with 75 new listings ranging in price from $175,000 to $1.6 million. The additional choices inspired buyers to ratify 83 contracts this week, the highest number so far this year.

The average list price of ratified contracts is $675,000 and the average days on market is 45. At this pace, Arlington has only 2.2 months of inventory. Buyers also took advantage this week of a dip in interest rates sparked by Fed comments and the continuous flow of capital from riskier Euro markets to the U.S. and the 10-year Treasury bonds. The 30-year fixed rate dropped this week from 3.75 to 3.7 percent.  It’s a great time to buy property in Arlington.

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

 

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