Is Arlington, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Arlington has remained a Seller's Market.
Housing Prices in Arlington, MA
How much do homes in Arlington, MA cost?
Median Sold Price
$1,010,000
$551/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Arlington was $1,010,000 in March 2024, up 3.4% from last year, and the median price per square foot was $551.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $410K | +24.2% |
2 Bedrooms | $604.2K | $687.5K | +13.8% |
3 Bedrooms | $950K | $977.5K | +2.9% |
4 Bedrooms | $1.2M | $1.2M | 0.4% |
5+ Bedrooms | $1.4M | $1.4M | -1.4% |
Summary: Arlington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.2%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Medford | $766.9K | $805.1K | +5.0% |
Winchester | $1.2M | $1.3M | +4.7% |
Lexington | $1.4M | $1.5M | +3.6% |
Arlington | $976.5K | $1.0M | +3.4% |
Belmont | $1.2M | $1.2M | +1.6% |
Housing Supply in Arlington, MA
How many homes are available in Arlington, MA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 91 | +1.1% |
Summary: The Arlington real estate market had 91 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 33 | 30 | -9.1% |
4 Bedrooms | 25 | 27 | +8.0% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Arlington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Arlington in March 2024, up by 28.0% month-over-month. Of the 32 sold homes, 31% were sold under asking, 3% were sold at asking, and 66% were sold over asking.
Days on Market for Arlington, MA
How long does it take to sell a home in Arlington, MA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 24 Days | -13.1% |
Summary: Homes in Arlington had an average of 24 days on market in Mar 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Arlington; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.