Prices Continue to Increase in Arlington

Prices increased 4.73% over February 2011! Yet another strong month for Arlington. With the price increase came an increase in total unit sold (174), and an increase in how much properties were selling for compared to their original list price (95.7%). Inventory dropped 7.6% from last year, helping the price increase. A total of 10 short sales and 6 foreclosures were sold in all of Arlington County during February. An interesting note on our local economy, 37 of the sales in February were CASH sales.

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