Arlington Real Estate Through January: How’s That Inventory?

In my post earlier this month covering Arlington real estate through 2010 one of the data points I highlighted was the inventory levels throughout the year. There was a huge anomaly of interest (to me at least) that occurred beginning in July and coming back to normal in October where inventory spiked in a big way. The cause of such an enormous fluctuation is still unclear, but I have been anxious to get access to enough additional data to determine what track we are on now.  I would not normally post data like this twice in the same month, but I got impatient, and the chart does now seem to show a meaningful trend at this point.

As you will see in the chart below, the inventory levels have remained stable in Arlington since mid October of last year. Okay, so that is great to know, but lets get back to that spike. Have a look at the second chart down as well and meet me below! The top chart shows the data for the last 12 months, while the bottom chart shows the data for the last 3 years.

Arlington Inventory: Last 12 Months

Arlington Inventory: Last 3 Years

When I saw the spike in inventory the first thing I thought of was that perhaps this was some accentuated form of a normal annual occurrence. As you can see in the 3 year data above, that couldn’t be further from the truth. The spike in inventory we saw in the late summer, early fall of 2010 was epic. The fact that it has gone largely unmentioned, and largely unexplained in its severity and brevity baffles the mind! Well, at least it baffles mine.

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