Arlington Virginia Real Estate Statistics for January 2007

By: Renata Snapko

Metropolitan Regional Information System just released information on Arlington Real Estate Statistics for January 2007 comparing to January 2006:

Ã?â‚??Total Sold Dollar Volume decreased 12.54% from $103,417,056 to $ 90,451,423

Ã?â‚??Average Sales Price decreased 15.42% from $587,597 to $496, 986

Ã?â‚??Median Sold Price decreased 16.75% from $522,500 to $435,000

Ã?â‚??Total Units Sold increased 3,41% from 176 to 182

Ã?â‚??Average days on the market increased from 51 to 82

Ã?â‚??Average Sales Price as a percentage of Average List Price decreased from 95.42% to 93.15%

Ã?â‚??There is a total of 762 available listings (404 of them are condos/co-ops)

Ã?â‚??Total of 182 units sold during January

Ã?â‚??Total of 262 were marked Contract or Contingent.

Here are the statistics for Arlington Real Estate by Zip Code (You can search for available homes by Zip Code at www.TheArlingtonExpert.com ):

Ã?â‚??22202 - Crystal City/Pentagon City - Average Sold Price decreased 26.49% from $683,444 to $502,400

Ã?â‚??22201 - Clarendon, part of Ballston, Courthouse, etc. - Average Sold price decreased 26.13% from $530,000 to $391,500

Ã?â‚??22204 - Columbia Pike area - Average Sold Price decreased 13.75% from $435,868 to $375, 916

Ã?â‚??22205 - West Arlington area - Average Sales Price decreased 11.19% from $ 685,342 to $608,633

Ã?â‚??22206 Zip Code - Shirlington/Fairlington area - Average Sales Price decreased 15.12% from $452,100 to $383,723

Ã?â‚??22207 Zip Code - North Arlington area - Average Sales Price decreased 5.83% from $890,430 to $838,516

Ã?â‚??22209 Zip Code - Rosslyn area - Average Sales Price decreased 21.27% from $465,665 to $364,250

Ã?â‚??22213 Zip Code - West Arlington - Average Sales Price decreased 0.06% from $562,450 to $562,089

Ã?â‚??22203 Zip Code - Ballston area - Average Sales Price decreased 16.18% from $506,060 to $424,185

Information in the article is deemed reliable, but not guaranteed.

With the market being down there are a lot of opportunities to purchase a condominium, a townhouse or a single family home at a reasonable price. If you would like to search available listings for sale in Arlington area - please visit www.TheArlingtonExpert.com - it links to the local MLS service and contains the information that is updated every 2 hours.

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