NORTH ARLINGTON HOUSING MARKET DATA

There was an increase in total units sold in March, with 41 sold this month in North Arlington Real Estate, an increase of 28%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is higher by 17 units or 19%. The total number of active inventory this March was 107 compared to 90 in March 2024. This month's total of 107 is higher than the previous month's total supply of available inventory of 104, an increase of 3%.

Last March, the median sale price for North Arlington Homes was $1,400,000. This March, the median sale price was $1,400,000, which is similar compared to a year ago. The current median sold price is 21% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 2.6 months of supply available in North Arlington, compared to 2.2 in March 2024. That is an increase of 19% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 82 homes newly listed for sale in North Arlington compared to 70 in March 2024, an increase of 17%. There were 67 current contracts pending sale this March compared to 56 a year ago. The number of current contracts is 20% higher than last March.

In March, the average sale price in North Arlington was 101.3% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 16, lower than the average last year, which was 17, a decrease of 6%.





FOCUS ON: NORTH ARLINGTON HOUSING MARKET			MARCH 2025

Zip Code(s): 22207, 22205 and 22213
Units Sold 41	Active Inventory 107	Median Sale Price $1,400,000	Days On Market 16

No Change Vs. Year Ago	Up 19% Vs. Year Ago	No Change Vs. Year Ago	Down -6% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 41 sold this month in North Arlington Real Estate, an increase of 28%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is higher by 17 units or 19%. The total number of active inventory this March was 107 compared to 90 in March 2024. This month's total of 107 is higher than the previous month's total supply of available inventory of 104, an increase of 3%.
		Median Sale Price Last March, the median sale price for North Arlington Homes was $1,400,000. This March, the median sale price was $1,400,000, which is similar compared to a year ago. The current median sold price is 21% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 82	Current Contracts 67	Sold Vs. List Price 101.3%	Months of Supply 2.6

Up 17% Vs. Year Ago	Up 20% Vs. Year Ago	Down -0.9% Vs. Year Ago	Up 19% Vs. Year Ago


		Months of Supply In March, there was 2.6 months of supply available in North Arlington, compared to 2.2 in March 2024. That is an increase of 19% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 82 homes newly listed for sale in North Arlington compared to 70 in March 2024, an increase of 17%. There were 67 current contracts pending sale this March compared to 56 a year ago. The number of current contracts is 20% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in North Arlington was 101.3% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 16, lower than the average last year, which was 17, a decrease of 6%.


	North Arlington are defined as properties listed in zip code/s 22207, 22205 and 22213.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.