Arlington Comprehensive Plan Update Adopted 3-17-2015 | Page 153

SINGLE FAMILY HOUSING ACTIVITY 2008-2012..............

PRICE DISTRIBUTION 2008 & 2012.....................................

In general, the number of sales, average sale price, and monthly inventory
totals have declined between 2008 and 2012. (Prices Adjusted for inflation.)

The percentage of homes for sale at the higher price points have increased
substantially since 2008.

2008

20%

2012

2008
2012

15%

10%

4,814

$157,290
4,247

5.6 months
$151,000

5%

3.7 months

Average Price

Months Inventory

<$

Sales

30
,0
$3 00
0,
0
$4 00
0,
0
$5 00
0,
0
$6 00
0,
0
$7 00
0,
0
$8 00
0,
0
$9 00
0
$1 ,000
00
$1 ,000
20
$1 ,000
40
$1 ,000
60
$1 ,000
80
$2 ,000
00
$2 ,000
50
$3 ,000
00
$4 ,000
00
>$ ,00
50 0
0,
00
0

0%

TENURE....................................................................................

VALUE PER SQUARE FOOT....................................................

Housing tenure in Arlington is well balanced between occupied owner and
rental properites.

Homes with higher value per square foot are located in the western half of
the City.

OCCUPIED HOUSING UNITS

<$45.00
$45.00-$50.00
$50.00-$55.00

OWNER-OCCUPIED

$55.00-$60.00

RENTER-OCCUPIED

>$60.00
57%
OCCUPIED

43%
OCCUPIED

2.9 PERSONS
PER HOUSEHOLD

$

$

2.5 PERSONS
PER HOUSEHOLD
FOR

FREE & CLEAR

RENT

$

45%
MORTGAGE/LOAN

12%
FREE & CLEAR

$814
MEDIAN GROSS RENT

VACANT RESIDENTIAL UNITS...........................................
The majority of vacant residential units in the City are for rent.

For
Rent

69%
FOR RENT

For
Sale

12%
FOR SALE

Other

19%
OTHER

147