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1033 Montana Street, Arlington —$912,000
2811 11th Street North, Arlington — $920,000
4517 Dittmar Road, Arlington — $912,500
3660 Oakland Street, Arlington —$912,000
2749 Wakefield Street North, Arlington —$905,000
It can be difficult to pinpoint one reason as to why buyers are bidding above asking prices. It really depends on how much you peel back the proverbial onion layer. One of the foremost reasons is that there just is not much supply out there. At the end of March 2012, there were just 12 homes still on the market in Arlington, down from 33 at the same time in 2011. Given the robust local economy, there are more buyers bidding on fewer homes and the equilibrium has shifted towards sellers.
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