Is Greater Arlington, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greater Arlington is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Greater Arlington has remained a Seller's Market.

Key Takeaway

Greater Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greater Arlington, FL

How much do homes in Greater Arlington, FL cost?

Median Sold Price

$339,697

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,301(+7.4%)

Key Takeaway

Homes in Greater Arlington have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Greater Arlington was $339,697 in April 2024, up 7.4% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $105K$122.5K
+16.7%
2 $213.6K$215K
+0.6%
3 $299.7K$319.9K
+6.7%
4 $420.8K$415.6K
-1.2%
5+ $615K$600K
-2.4%

Summary: Greater Arlington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Neighborhoods

Greater Arlington
+7.4%
Atlantic Boulevard Estates
+3.8%

Housing Supply in Greater Arlington, FL

How many homes are available in Greater Arlington, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
838835-0.4%

Summary: The Greater Arlington real estate market had 835 homes for sale in April 2024, a 0.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1011
+10.0%
2 8998
+10.1%
3 430420
-2.3%
4 263258
-1.9%
5+ 4648
+4.3%

Summary: The Greater Arlington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 10.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
238192-19.3%

Asking Price vs. Sold Price

94 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greater Arlington, you may be able to get a good deal. 49% of homes here sold below asking price last month.

Summary: A total of 192 homes were sold or pending in Greater Arlington in April 2024, down by 19.3% month-over-month. Of the 192 sold homes, 49% were sold under asking, 22% were sold at asking, and 29% were sold over asking.

Days on Market for Greater Arlington, FL

How long does it take to sell a home in Greater Arlington, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days32 Days-46.3%

Summary: Homes in Greater Arlington had an average of 32 days on market in Apr 2024, down by 46.3% compared to last year.

Breakdown of Home Sale Times

123 Homes Were Sold
Under 30 Days

50 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greater Arlington are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 192 homes were sold in Greater Arlington; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Greater Arlington, FL

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