$10,000 Closing Credit*
$1,299,000
1,820 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73319585, Julie Gibson, Listing Office: Gibson Sotheby's International Realty
Is Arlington, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Arlington has remained a Seller's Market.
Key Takeaway
Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arlington, MA
How much do homes in Arlington, MA cost?
Median Sold Price
$1,038,154
$564/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,654(+4.6%)
Key Takeaway
Homes in Arlington have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Arlington was $1,038,154 in November 2024, up 4.6% from last year, and the median price per square foot was $564.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $376.2K | $400K | +6.3% |
| 2 Bedrooms | $655K | $682.5K | +4.2% |
| 3 Bedrooms | $957.5K | $1.0M | +5.1% |
| 4 Bedrooms | $1.2M | $1.2M | +4.6% |
| 5+ Bedrooms | $1.3M | $1.4M | +5.3% |
Summary: Arlington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Medford | $763.1K | $850.2K | +11.4% |
| Lexington | $1.4M | $1.6M | +9.2% |
| Belmont | $1.2M | $1.3M | +8.9% |
| Winchester | $1.3M | $1.4M | +7.4% |
| Arlington | $992.5K | $1.0M | +4.6% |
Housing Supply in Arlington, MA
How many homes are available in Arlington, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 92 | -24.6% |
Summary: The Arlington real estate market had 92 homes for sale in November 2024, a 24.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 5 | -50.0% |
| 2 Bedrooms | 24 | 18 | -25.0% |
| 3 Bedrooms | 39 | 26 | -33.3% |
| 4 Bedrooms | 29 | 24 | -17.2% |
| 5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The Arlington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 35 | -10.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arlington, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in Arlington in November 2024, down by 10.3% month-over-month. Of the 35 sold homes, 40% were sold under asking, 9% were sold at asking, and 51% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | -4.6% |
Summary: Homes in Arlington had an average of 17 days on market in Nov 2024, down by 4.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arlington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in Arlington; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
