Arlington, TX housing market

Arlington homeowners are cutting prices on nearly a third of all listings right now. If you are thinking about selling, that number tells you exactly what happens when you start too high. The typical Arlington home is worth about three hundred fourteen thousand dollars, and values are down less than one percent over the past year, so prices have basically held steady. But there are around 855 homes for sale, with roughly 330 new listings added in the past month, and the typical home is taking about 50 days to go under contract. The median asking price sits near three hundred fifty thousand dollars, roughly thirty-five thousand dollars above what the typical home is actually worth. That gap is the story. Sellers are reaching for higher prices, buyers are not paying them, and the correction shows up as a price cut after weeks of sitting. Here is the catch: demand has not collapsed. Values slipping less than one percent means buyers are still buying at the right price. So price your home where comparable homes are actually selling, and you can sell without joining the third that had to cut. For a free estimate of what your Arlington home is worth today, visit Home Value Pros dot com.