As portrayed in the gauge above, the average days on market for property in the West Arlington area have decreased 60% compared with the 5 year average!
Properties listed in West Arlington were fortunate enough to see median days on the market under 20 days for the entire year of 2013 until September. Listings in this area were spending between 6 and 10 days on the market. As the summer wrapped up, this average soared to over 52 days on the market in September and even higher in October. Although this pattern is not necessarily unusual for the time of year, the rhythm hit almost a month later (September) in 2013 than it has in the past 3 years. Not great news for listings wanting to move before the end of the year. The good news is activity in 22213 has picked back up and properties are moving closer to the average 2013 pace.
Buying property can be an arduous process but that is where I come in – with ten years of experience I can see the transaction from many angles and plan ahead for any situation. I would love to hear from you if you are looking to buy your dream home or wanting to sell your current home!