North Arlington Housing Market Data

There was an increase in total units sold in April, with 83 sold this month in North Arlington Real Estate, an increase of 17%. This month's total units sold is similar compared to a year ago.

Click here to compare the units sold of this area against other locations.

Versus last year, the total number of homes available this month is lower by 66 units or 39%. The total number of active inventory this April was 102 compared to 168 in April 2012. This month's total of 102 is higher than the previous month's total supply of available inventory of 92, an increase of 11%.

Click here to compare the active inventory of this area against other locations.

Last April, the median sale price for North Arlington Homes was $713,000. This April, the median sale price was $800,000, an increase of 12% or $87,000 compared to last year. The current median sold price is 10% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

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In April, there was 1.2 months of supply available in North Arlington, compared to 2.0 in April 2012. That is a decrease of 39% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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This month there were 122 homes newly listed for sale in North Arlington compared to 124 in April 2012, a decrease of 2%. There were 100 current contracts pending sale this April compared to 107 a year ago. The number of current contracts is 7% lower than last April.

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Click here to compare the current contracts of this area against other locations.

In April, the average sale price in North Arlington was 100.0% of the average list price, which is 1.2% higher than at this time last year.

Click here to compare the sale price to list price ratio of this area against other locations.

This month, the average number of days on market was 32, lower than the average last year, which was 46, a decrease of 30%.

Click here to compare the days on market of this area against other locations.




Focus On: North Arlington Housing Market			April 2013
Zip Code(s): 22207, 22205 and 22213
Units Sold 83	Active Inventory 102	Median Sale Price $800,000	Days On Market 32

No Change Vs. Year Ago	Down -39% Vs. Year Ago	Up 12% Vs. Year Ago	Down -30% Vs. Year Ago

iCharts		Units Sold There was an increase in total units sold in April, with 83 sold this month in North Arlington Real Estate, an increase of 17%. This month's total units sold is similar compared to a year ago. Click here to compare the units sold of this area against other locations.
Active Inventory Versus last year, the total number of homes available this month is lower by 66 units or 39%. The total number of active inventory this April was 102 compared to 168 in April 2012. This month's total of 102 is higher than the previous month's total supply of available inventory of 92, an increase of 11%. Click here to compare the active inventory of this area against other locations.		iCharts
iCharts		Median Sale Price Last April, the median sale price for North Arlington Homes was $713,000. This April, the median sale price was $800,000, an increase of 12% or $87,000 compared to last year. The current median sold price is 10% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. Click here to compare the median sale price of this area against other locations.



New Listings 122	Current Contracts 100	Sold Vs. List Price 100.0%	Months of Supply 1.2

Down -2% Vs. Year Ago	Down -7% Vs. Year Ago	Up 1.2% Vs. Year Ago	Down -39% Vs. Year Ago

iCharts		Months of Supply In April, there was 1.2 months of supply available in North Arlington, compared to 2.0 in April 2012. That is a decrease of 39% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. Click here to compare the months of supply of this area against other locations.
New Listings & Current Contracts This month there were 122 homes newly listed for sale in North Arlington compared to 124 in April 2012, a decrease of 2%. There were 100 current contracts pending sale this April compared to 107 a year ago. The number of current contracts is 7% lower than last April. Click here to compare the new listings of this area against other locations. Click here to compare the current contracts of this area against other locations.		iCharts
iCharts		Sale Price to List Price Ratio In April, the average sale price in North Arlington was 100.0% of the average list price, which is 1.2% higher than at this time last year. Click here to compare the sale price to list price ratio of this area against other locations.
Days on Market This month, the average number of days on market was 32, lower than the average last year, which was 46, a decrease of 30%. Click here to compare the days on market of this area against other locations.		iCharts



North Arlington are defined as properties listed in zip code/s 22207, 22205 and 22213.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.