Wednesday, March 31, 2010

Homes Are Selling Fast in Arlington

For most people selling their house the second most important thing, after netting the highest offer price, is selling the house fast.

Research done by realtor Brian Block shows that most homes under contract in Arlington and Alexandria have been on the market for less than 60 days. In some price ranges, it's as low as 36 days on average.

The only price ranges to average more than 60 days are $700-800 thousand and homes listed at over $1 million.

Of the 1,223 active listings in the MLS in the Arlington and Alexandria only 441 have been listed for more than 60 days, accounting for just 36%.

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