Centers And Squares
Welcome to Centers and Squares
As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.
Selling for Over Asking – Arlington Single Family Home Sales
Multiple Bids for Arlington MA Homes
It often takes buyers by surprise, particularly if they’re new to the Arlington real estate market, to find out that it’s not uncommon for Arlington MA single family homes to sell for over the asking price.
Arlington is very popular with real estate buyers and the market for single family homes can be very competitive. Open houses for newly listed houses are usually crowded. Often buyers have to be prepared to act quickly and to make a strong offer. Many times sellers will receive multiple offers.
Arlington Single Family Homes
Since we’ve reached the half-way mark in the year and come through the busy spring real estate market I thought it would be interesting to take a look at Arlington single family sales through June 30, 2009.
Between January 1, 2009 and June 30, 2009 in Arlington:
- 85 single family homes sold
- Average asking price was $538,667
- Average sales price was $525,626
- Average days on market was 62
Arlington Single Family Sales For Over Asking Price
Wondering how often Arlington single family homes get multiple offers or sell for more than the asking price? Here are the numbers for the first half of 2009:
21 of the 85 single families sold through June sold for more than list price or almost 1 in 4 houses.
The average asking price for these homes was $510,910. The average sales price was $525,347.
I was curious to see how these sales tracked by school district:
- Brackett – 7 of 21 over asking sales
- Dallin – 5
- Hardy – 2
- Peirce – 2
- Stratton – 2
- Thompson – 2
- Bishop – 1
But how much are Arlington real estate buyers paying over asking price?
Here are the Arlington homes that sold for over asking price in the first half of 2009 with days on market (DOM), asking price and sales price:
Arlington Single Family Homes that Sold for More than Asking Price in the First Half of 2009
For more information about real estate in Arlington MA check out Arlington Home Sales by School District
SEARCH THE MLS FOR ARLINGTON REAL ESTATE
Information about Arlington Single Family Homes that Sold for Over Asking Price from MLSpin
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