Is Arlington, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arlington is a seller's market

Buyer's
Market

Difference Since February 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

$585,666

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$34,204(+6.2%)

Key Takeaway

Homes in Arlington have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Arlington was $585,666 in February 2024, up 6.2% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $335K$357K
+6.6%
2 $430K$460K
+7.0%
3 $545K$574.6K
+5.4%
4 $630K$685K
+8.7%
5+ $600K$776K
+29.3%

Summary: Arlington housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 29.3%.

Median Sold Price Compared To Nearby Cities

Arlington
+6.2%
Marysville
+1.3%

Housing Supply in Arlington, WA

How many homes are available in Arlington, WA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
90105+16.7%

Summary: The Arlington real estate market had 105 homes for sale in February 2024, a 16.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 1412
-14.3%
3 4459
+34.1%
4 2830
+7.1%
5+ 22
0.0%

Summary: The Arlington housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2822-21.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arlington, expect to pay close to the asking price. 40.9% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in Arlington in February 2024, down by 21.4% month-over-month. Of the 22 sold homes, 18% were sold under asking, 41% were sold at asking, and 41% 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

Feb 2023Feb 2024CHANGE
52 Days35 Days-31.3%

Summary: Homes in Arlington had an average of 35 days on market in Feb 2024, down by 31.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 22 homes were sold in Arlington; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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 4 Days Ago

Newest Listings in Arlington, WA

Nearby Markets to Arlington, WA

What housing markets are near Arlington, WA?