March Sales Figures for Arlington Virginia
April 15th, 2008 Categories: Arlington Dirt, Market Stats
In like a lion, out like a lamb? I am thinking not so much! I’m thinking in like a lion, out like a monsoon!!! The market is definitely picking up! I’ve been so busy this is the first real chance I’ve had to sit down and work with last month’s sales figures. Here’s how it stacked up in Arlington:
We are up across the board from last month – we have more units under contract, more sold, and higher average selling prices as well! Great news for sellers — all you buyers out there… don’t be nervous – values aren’t plummeting and now is a great time to get started.
Absorption rates are looking better as well. Remember, this is a snapshot indicator of how long it would take to sell through our current inventories:
These numbers are ALL lower than last month! And frankly speaking, this is what I would expect heading into springtime!
There’s only so many times I can repeat myself month after month. Our real estate market here in Arlington – FOR THE MOST PART – is fairly stable and generally a great time to be on either side of the table.
For more information, feel free to give me a jingle.
Happy Tuesday!
Jennifer Klaussen
Serving all of your real estate needs in Arlington, McLean and the entire Northern Virginia Region!
Contact me today for a free home valuation or buyer counseling session! Spring is right around the corner!
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