Top Mega Teams in Arlington, Texas – Ranked by Sides

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2022 Market Summary

Arlington, Texas started 2022 with a total of 114 single-family homes on the market, with a median home price of $349,900 and an average price per square foot of $180. By the end of the year, inventory had increased to 397 homes on the market (+248%), with a median home price of $365,000 (+4%) and an average price per square foot of $183 (+1%).

At the start of 2022, the median days on market (DOM) was 21 days – by the end of the year, median DOM had increased to 49 days.
Arlington started the year with 19% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 53% of Arlington homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Arlington started 2022 as a strong seller’s market, with an MAI score of 92; by the end of the year, the MAI had dropped to 42 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

Latest Posts

State antitrust claims dismissed in buyer broker commission suit HW+

Sep 20, 2023By

Defendants in the Sitzer/Burnett class action lawsuit, which deals with buyer brokers’ commissions, are facing two fewer claims. On Monday, plaintiffs in the Sitzer/Burnett suit filed an unopposed motion for dismissal of the state law claims pled in their third amended complaint. Stephen R. Bough, a U.S. District Court Judge in Kansas City, issued a […]

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John Davis files racketeering suit against Gary Keller HW+

Aug 31, 2023By

The pile of lawsuits facing Gary Keller and the real estate firm he co-founded, Keller Williams, just got larger. Former KW CEO John Davis filed his second lawsuit against the firm on Wednesday in the Western District of Texas. In the filings, which name Keller Williams, Keller, former KW president Josh Team, Business MAPS Ltd. […]