Arlington, MA

In an effort to be knowledgeable of our current market I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Arlington Massachusetts for Single Families, Condominiums and Multi-Families.

This week I am pulling the market statistics for Arlington, Massachusetts. As you can see, from last year to this year there has been apprecation in every sector of the market: Single Families, Condominiums and Multi-Families. Althought the total number of sales is down in Multi-Families they have had substantial appreciaton of $83,004. There are only 9 Multi-Families on the market currently which is surely creating a seller's market for these homes. However, they have been on the market for an average of 116 days. The average days on market is 191, so the multis are still on pace to sell.

All in all, the market here in Arlington is florishing. There are many buyers out there looking and the sellers are being smart; pricing their homes to sell within 94%-96% for singles and condominiums. I will continue to post these market statistics and I hope that you find them useful and informative.

If you'd like me to email you the weekly market statistics for a certain town, please email me at mark@smarthomesboston.com and I will be sure to send you my excel sheets when I create them.

Click Below to View Past Know Your Market articles:

Know Your Market: Watertown, Massachusetts Market Statistics (June 3, 2008)

Know Your Market: Brighton, Massachusetts Market Statistics (June 11, 2008)

Arlington, MA Real Estate is some of the best investment property available in the state. Arlington offers residential single families, multi-family investment homes, condominiums, new construction, adult living communities (55+ communities), retirement homes & facilities, land, and waterfront property. Located just 6 miles from Downtown Boston, property values in Arlington, MA have remained strong in the last several years and as many people will tell you, have a very bright future ahead of them as well. Arlington, Mass offers a magic blend of proximity to the city, respectable schools, desirable housing stock with prices notably lower than surrounding areas including Winchester, Belmont, and Lexington. There is also a theater nearby to catch a movie, or you can enjoy the bustling restaurant scene.

According to The Warren Group:

In January of 2008 the median single family home price in Arlington MA was $534,350, an increase of 15% from January 2007. In January 2008 the median price for a condominium in Arlington MA was $350,000, and 8% increase from January 2007. Year to date there have been 60 home sales, the highest price home sold for $950,000, and the lowest price sold was a condo for $160,000.

Arlington, Massachusetts -

Arlington, MA was first settled in 1635 as a village names Menotomy. The center of town is located about 8 miles from downtown Boston. Neighboring towns include Winchester, Medford, Somerville, Cambridge, Belmont and Lexington. The major routes passing through Arlington are route 2, route 2a, route 16, route 60 and route 3.

Add your Arlington business to the Arlington Business Directory at DailyHomeOwner.com

Arlington average home sale price for October through December of 2007 was about $440,000 compared to $474,000 for July through Septemer of 2007.

There were 100 home sales in Arlington for October through December of 2007 compared to 161 for the prior three months.

Useful Arlinton, MA links:

Town of Arlington Official Website

Arlington Public Schools
Arlington Historical Society

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