Is Arlington, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$1,024,444
$552/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arlington was $1,024,444 in April 2024, up 4.1% from last year, and the median price per square foot was $552.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $366K | $395K | +7.9% |
2 Bedrooms | $605K | $685K | +13.2% |
3 Bedrooms | $950K | $985K | +3.7% |
4 Bedrooms | $1.2M | $1.2M | +1.2% |
5+ Bedrooms | $1.4M | $1.4M | -3.1% |
Summary: Arlington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
Medford | $756.2K | $826.1K | +9.2% |
Arlington | $984.3K | $1.0M | +4.1% |
Winchester | $1.3M | $1.3M | +3.9% |
Belmont | $1.2M | $1.2M | +3.3% |
Lexington | $1.4M | $1.5M | +0.6% |
Housing Supply in Arlington, MA
How many homes are available in Arlington, MA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 118 | +19.2% |
Summary: The Arlington real estate market had 118 homes for sale in April 2024, a 19.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 18 | 22 | +22.2% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Arlington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 38 | +11.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Arlington in April 2024, up by 11.8% month-over-month. Of the 38 sold homes, 16% were sold under asking, 3% were sold at asking, and 82% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 13 Days | -45.7% |
Summary: Homes in Arlington had an average of 13 days on market in Apr 2024, down by 45.7% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Arlington; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.