We are at the midpoint of the Spring market. Below is an On the Market Snapshot comparing last years inventory levels to this years. As you can see there is quite a difference;
Single Family Homes Condominiums Multi-family
2007—2008—2007—2008—2007—2008
67 48 -28% 84 73 -13% 30 13 -56%
These numbers are for sales volume (how many houses are on the market) Because we are in a supply and demand business this is important. The tight inventory translates into a solid foundation for home prices in Arlington. This bears out as we experience multiple offers and very busy open houses. Happy Buying and Selling! MFL
