Is Arlington, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Arlington has remained a Seller's Market.
Key Takeaway
Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arlington, WA
How much do homes in Arlington, WA cost?
Median Sold Price
$580,208
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Arlington have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Arlington was $580,208 in May 2024, up 3.6% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $351K | +4.8% |
| 2 Bedrooms | $450K | $464K | +3.1% |
| 3 Bedrooms | $549.9K | $562.5K | +2.3% |
| 4 Bedrooms | $630K | $688K | +9.2% |
| 5+ Bedrooms | $590K | $775K | +31.4% |
Summary: Arlington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 31.4%.
Median Sold Price Compared To Nearby Cities
| Marysville | $599.9K | $624.7K | +4.1% |
| Arlington | $560K | $580.2K | +3.6% |
Housing Supply in Arlington, WA
How many homes are available in Arlington, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 139 | 135 | -2.9% |
Summary: The Arlington real estate market had 135 homes for sale in May 2024, a 2.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 18 | 13 | -27.8% |
| 3 Bedrooms | 72 | 70 | -2.8% |
| 4 Bedrooms | 42 | 42 | 0.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Arlington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 33 | -37.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Arlington in May 2024, down by 37.7% month-over-month. Of the 33 sold homes, 36% were sold under asking, 33% were sold at asking, and 30% were sold over asking.
Days on Market for Arlington, WA
How long does it take to sell a home in Arlington, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 21 Days | -23.1% |
Summary: Homes in Arlington had an average of 21 days on market in May 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Arlington are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in Arlington; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.