Arlington homes for sale have declined 13.5% for year 2009 versus year 2008. So when you hear that Arlington real estate market showed a 14% decrease in homes sales in 2009 from 2008, it really does not mean the real estate market has changed much in Arlington the past two years. The median priced home in Arlington has changed very little the past two years, and remains in the $122,500.00 range. The vast majority of Arlington homes for sale have been built since the 1960’s , with several new construction subdivisions available, the majority of which are in the southern Arlington area. However, talk in recent years about developing the Bird’s Fort area of northern Arlington could lead to the addition of approximately 400o homes in north Arlington.
Arlington homes for sale consist of condominium, townhomes and single family detached homes, with over 0ne-half of the MLS listings on the market at any one time priced less than $150,000.00. This makes Arlington homes a great attraction to the first time home buyer. Arlington homes are averaging staying on the market for 73 days, which is down approximately 6% from the 2008 days on the market average of 78 days. Again, this is most likely attributed to the first time home buyer market in Arlington and the $8,000.00 Federal Tax Credit for these first time home buyers.
So if you’re wanting to be close to the Super Bowl XLV (45) celebration, beat the rush and purchase one of the Arlington homes for sale before April 30, 2010 and get your piece of the $8,000.00 first time home buyer federal tax credit. Contact me today!
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