Arlington, MA

Arlington, MA


Arlington, Massachusetts is located 6 miles northwest of downtown Boston, MA on 5.5 square miles of land. Settled in 1635 and incorporated as a town in 1867, Representative Town Meeting is the style of governance. With a population of 42,844 residents, average household size is 2.32 persons and median household income is $92,338. Of 19,974 total housing units, 58% are owner-occupied, 37% rented and 5% vacant.  Of 601 residential properties sold in 2016; 48% were Single Family, 45% Condominium and 7% Multi-Family. Fiscal year 2017 residential tax rate = 12.56.

Sources: U.S. Census Bureau 2010-2014; Town of Arlington, MA; MLS Pinergy®

Residential Home Sales:  Arlington, MA

Year End 2015 – 2016 Comparison of Homes Sold (January 1 – December 31)

# SoldAvg. Sale $Median Sale $SP:OP
Condo
YE 2015252$463,844$467,000103%
YE 2016273$527,623$510,000104%
Single Family
YE 2015306$694,989$640,750102%
YE 2016286$751,418$709,750103%
Multi-Family
YE 201547$764,158$758,000106%
YE 201642$856,643$856,250101%

SP:OP = Sales Price to Original Price Ratio.  Data Source: MLS Pinergy®
©2017 Intellectual property of Tamela Roche, all rights reserved.

Residential Inventory: Arlington, MA

Year End 2015 – 2016 Comparison of Homes Listed for Sale (January 1 – December 31)

YE 2015YE 2016% Change
Condo:280312+ 11 %
Single-Family:328317- 4 %
Multi-Family5953- 11 %

Data Source: MLS Pinergy®
©2017 Intellectual property of Tamela Roche, all rights reserved.


Contact Tamela to schedule a Professional Marketing Consultation for the sale of your home or a Home Buyer Consultation to begin your new home search.  All Clients receive the Residential Market Analysis® by Tamela with comprehensive market data and home sale trends from year end 2004 to 2016.