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.
Arlington MA Real Estate Review – 2010
Here’s the year in review post for the Arlington MA real estate market with the 2010 numbers. You can also see how 2010 compared to 2009 and 2008. Following the 2010 wrapup are the numbers for sales in December 2010.
It was another good year for Arlington single family sales – the number of houses sold increased by more than 10%. The median price of an Arlington single family increased modestly.
For the second year in a row the number of condos sold in Arlington dropped. However, the median price of condos that sold in 2010 increased by 10% over 2009. I haven’t dug deep in the condo sales numbers but my hunch is that the big increase in the median price has more to do with fewer sales of inexpensive condos pushing the median up rather than a big jump in values.
Multi-family sales numbers in 2010 looked very similar to 2009.
Arlington Real Estate Market – Year In Review
Welcome to the Arlington MA Real Estate Report
Total properties sold in Arlington:
- 2010: 514 (+3.01%)
- 2009: 499 (+3.53%)
- 2008: 482
Average days on market:
- 2010: 53 (-11.67)
- 2009: 60 (-15%)
- 2008: 69
Total value of real estate sales:
- 2010: $248,959,218 (+12.88%)
- 2009: $220,552,380 (+1.14%)
- 2008: $218,078,422
Properties sold for:
- 2010: An average of 98% of asking price and a median price of $471,250 (+10.50%)
- 2009: An average of 98% of asking price and a median price of $426,500 (-0.82%)
- 2008: An average of 98% of asking price and a median price of $430,000
Arlington Single Family Sales
- 2010: 277 (+12.15%)
- 2009: 247 (+13.31%)
- 2008: 218
Price range for single family homes:
- 2010: $244,899 to $1,220,000
- 2009: $252,000 to $1,009,597
- 2008: $210,000 to $1,350,000
Median price of single family houses sold:
- 2010: $500,000 (+2.50%)
- 2009: $488,000 (+2.74%)
- 2008: $475,000
On average single families:
- In 2010, houses were on the market 49 days & sold for 99% of list price
- In 2009: houses were on the market 52 days & sold for 98% of list price
- In 2008: houses were on the market 49 days & sold for 98% of list price
Arlington Condo Sales
- 2010: 201 (-6.52%)
- 2009: 215 (-4.87%)
- 2008: 226
Price range for condos:
- 2010: $120,000 to $807,000
- 2009: $102,000 to $678,000
- 2008: $95,000 to $725,000
Median price of condominiums sold:
- 2010: $375,000 (+10.14%)
- 2009: $340,500 (-3.72%)
- 2008: $353,625
On average, Arlington condos:
- In 2010: were on the market 59 days and sold for 98% of list price
- In 2009: were on the market 70 days and sold for 97% of list price
- In 2008: were on the market 79 days and sold for 97% of list price
Arlington Multi-Family Sales
- 2010: 36 (-2.71%)
- 2009: 37 (-2.64%)
- 2008: 38
Price range for multi-family properties:
- 2010: $338,000 to $855,000
- 2009: $295,000 to $700,000
- 2008: $385,000 to $1,545,000
Median price of multi-family houses sold:
- 2010: $559,338 (+0.79%)
- 2009: $555,000 (-1.93%)
- 2008: $565,875
On average, Arlington multi-families:
- In 2010: were on the market 57 days & sold for 98 % of asking price
- In 2009: were on the market 56 days & sold for 97% of asking price
- In 2008: were on the market 119 days & sold for 97% of asking price
Arlington MA Real Estate On The Market
There were 95 Arlington residential properties listed for sale in the MLS the last day of 2010.
Arlington MA Real Estate Market – December 2010
46 Arlington MA homes sold in Dec. 2010. The median price paid in December was $471,500. On average, properties sold for 99% of the asking price.
26 single family homes sold in December. Sales prices this month ranged from $280,000 to $675,000. The median price was $475,750. Average days on market for these houses was 42. Homes sold for 99% of the list price on average.
16 condos sold in December 2010. Condo sale prices ranged from $272,500 to $535,000. The median sales price was $367,500. Condominiums sold for an average of 97% of the asking price and were on the market an average of 65 days.
4 Arlington multi-family properties sold in December for $530,000 to $557,856. These properties sold for 100% of asking price on average. Average days on market was 44.
Total value of Arlington MA real estate market activity in December 2010 was $21,355,256.
SEARCH FOR ARLINGTON MASS REAL ESTATE
Arlington MA Real Estate Market – Nov. 2010
Information about the Arlington MA real estate maket in 2010 from MLSpin
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