Mothers Day 2008 – The Breakdown
We are at the midpoint of the Spring market. Below is an On the Market Snapshot comparing last years inventory levels to this years. As you can see there is quite a difference;
Single Family Homes Condominiums Multi-family
2007—2008—2007—2008—2007—2008
67 48 -28% 84 73 -13% 30 13 -56%
These numbers are for sales volume (how many houses are on the market) Because we are in a supply and demand business this is important. The tight inventory translates into a solid foundation for home prices in Arlington. This bears out as we experience multiple offers and very busy open houses. Happy Buying and Selling! MFL

Mark Lesses & Carole Falcone