As other areas falter, Arlington real estate stays hot

Source: inside Nova — 

Home sales were solid although average prices in the single-family and townhouse sectors were relatively flat in July, as the Arlington market showed more oomph than most other localities across the region.

Sales for the month totaled 342, up 21 percent from the 283 transactions recorded in July 2020, according to figures reported Aug. 12 by MarketStats by ShowingTime, based on listing data from Bright MLS.

While the average sales price of $785,710 was down 5 percent from $828,024 a year before, that largely was due to the lower total of single-family homes in the overall sales mix.