Arlington, MA Real Estate May 16, 2012 - Residential Market Analysis

By
Real Estate Broker/Owner with BLINK Realty Group, LLC 9530624

 

 

ARLINGTON, MA

 May 16, 2012

 

 

The Arlington residential market this time last year, Jan.1-May 16th 2011:

 

 

 

Total Properties   Days on Market         Sale Price                       Final  List Price            % LP          Original Price          % OP

 

111      

Avg. 76

$474,739

 

$487,440

97

$504,231

95

Lowest Price: $125,000

Median Price: $450,000

Highest Price: $1,000,000

Average Price: $474,739

Total Market Volume: $52,696,047

 

 

 

The Arlington residential market this year, Jan.1-May 16th 2012:

 

 

Total Properties   Days on Market         Sale Price                       Final List Price             % LP          Original Price          % OP

 

125

Avg. 77

$468,982

 

$477,735

98

$490,094

96

Lowest Price: $105,500

Median Price: $463,000

Highest Price: $1,265,000

Average Price: $468,982

Total Market Volume: $58,622,805

 

 

 

What does this mean?  It’s a subtle improvement in our market for everyone. More buyers are out there getting a better deal (because more properties have sold and the average list price has gone down) but sellers are getting more realistic about their pricing because properties are selling closer to asking price and closer to original price.  The total volume of sales is up and this is good for everybody!

 

 

Want to know what’s happening in your Greater Boston town?

Contact me today for a free market analysis!

 

Rebecca Riopelle,Realtor®, RESS

Greater Boston Real Estate Services

Beth York Real Estate LLC

www.facebook.com/RebeccaRioRE

www.RebeccaRioRE.com

rebeccariopelle@gmail.com

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Massachusetts Middlesex County Arlington
Tags:
greater boston real estate
arlington market analysis
arlington ma real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
916,829
John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Want to know what’s happening in your Greater Boston town?  Contact Realtor® Rebecca Riopelle and put her real estate knowledge to work for you today! 

May 17, 2012 08:31 AM #1
Rainmaker
1,501,142
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Rebecca, good information to get out to buyers and sellers interested in real estate in and around Arlington MA!

May 22, 2012 02:04 PM #2
Rainmaker
1,259,796
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Rebecca - Great real estate market report for Arlington MA.

Jun 07, 2012 06:17 AM #3
Rainer
23,233
United Inspection
United Inspection Service - Framingham, MA

Arlington MA is a wonderful place for a home.  I expect to see more improvement in the Arlington MA real estate market.

Jul 19, 2012 08:03 AM #4
Post a Comment
Spam prevention
Show All Comments
Rainer
102,138

Rebecca Riopelle

President & Broker
CONTACT ME TODAY TO SCHEDULE A MARKET CONSULTATION!
*
*
*
Spam prevention