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Arlington single-family home prices rise to $1.37 million in new data

Average sales price rose 4.1% from March 2022 to March 2023
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The typical Arlington single-family home that sold in March brought in about $1.37 million, up 4.1 percent from a year before, according to new data.

A total of 71 single-family homes went to closing last month, according to data reported today by MarketStats by ShowingTime based on listing activity from Bright MLS.

That’s down 15 percent from the 84 single-family-home transactions recorded a year before, although the drop-off was well below the 39-percent decline in the attached (townhouses/rowhouses/condos) segment of the market.

More than 70 percent of single-family homes that went to closing during the month garnered $1 million or more.