Fri Mar 05 2021
This week the median list price for Arlington, TN is $441,040 with the market action index hovering around 58. This is an increase over last month's market action index of 47. Inventory has held steady at or around 13.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$441,040|
|Per Square Foot||$148|
|Days on Market||35|
|Strong Seller's Market|
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$499,900||3,299||0.25 - 0.5 acre||4||3||1||0||2||98|
|$440,900||2,899||0.25 - 0.5 acre||4||3||0||0||2||21|
|$377,025||2,499||0.25 - 0.5 acre||3||2||0||0||3||24|