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 November 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

$607,333

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,933(+5.4%)

Key Takeaway

Homes in Arlington have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Arlington was $607,333 in November 2024, up 5.4% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $315K$408K
+29.5%
2 $450K$465K
+3.3%
3 $558.7K$579.1K
+3.6%
4 $660K$727.4K
+10.2%
5+ $806K$780K
-3.2%

Summary: Arlington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

Arlington
+5.4%
Marysville
+3.5%

Housing Supply in Arlington, WA

How many homes are available in Arlington, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
160146-8.8%

Summary: The Arlington real estate market had 146 homes for sale in November 2024, a 8.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1112
+9.1%
2 2219
-13.6%
3 7966
-16.5%
4 4344
+2.3%
5+ 55
0.0%

Summary: The Arlington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3831-18.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arlington, you could pay more than the asking price. 35.5% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Arlington in November 2024, down by 18.4% month-over-month. Of the 31 sold homes, 32% were sold under asking, 32% were sold at asking, and 35% 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

Nov 2023Nov 2024CHANGE
42 Days46 Days+8.0%

Summary: Homes in Arlington had an average of 46 days on market in Nov 2024, up by 8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 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 November 2024, 31 homes were sold in Arlington; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% 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 17 Days Ago

Newest Listings in Arlington, WA

Nearby Markets to Arlington, WA

What housing markets are near Arlington, WA?