From 2018 to 2019 in Arlington, MA the average sale prices for Condominiums increased 5% to $647,726; increased 2% to $916,393 for Single Family homes; and decreased 1% to $1,001,809 for Multi-Family homes.  Market trends only come into focus when we consider changes over the short term and long term.

Arlington Condo Sale Price History

  • From 2017 to 2018 the average sale price for Arlington Condominiums increased 7%
  • During the prior 5-year trend (2014 through 2018) the average sale price increased 36.5%

The Arlington Condominium average sale price in 2015 was $463,844 and increased significantly in 2019 to $647,726 resulting in the average sale price increase of 40% (current 5-year trend).

Read more about Arlington MA Condominium Market Statistics 

Arlington Single Family Sale Price History

  • From 2017 to 2018 the average sale price for Arlington Single Family homes increased 11%
  • During the prior 5-year trend (2014 through 2018) the average sale price increased 34%

The Arlington Single Family average sale price in 2015 was $694,989 and increased significantly in 2019 to $916,393 resulting in the average sale price increase of 32% (current 5-year trend).

Read more about Arlington MA Single Family Market Statistics 

Arlington Multi-Family Sale Price History

  • From 2017 to 2018 the average sale price for Arlington Multi-Family homes increased 11%
  • During the prior 5-year trend (2014 through 2018) the average sale price increased 47%

The Arlington Multi-Family average sale price in 2015 was $764,158 and increased significantly in 2019 to $1,001,809 resulting in the average sale price increase of 31% (current 5-year trend).

Read more about Arlington MA Multi-Family Market Statistics 

Average Sale Price Trends

The average sale price trends are just one of several market factors to consider carefully when determining fair market value for the sale of your current home or to purchase a new home.  Every home is unique; sale price trends provide a high-level view of market activity but further analysis about the specific characteristics of a home is needed in order to determine the fair market value.

Tamela Roche, RealtorContact Tamela today to better understand the current and historical market trends for Condominium, Single Family, and Multi-Family homes in Arlington, Belmont, Cambridge, Medford, Somerville, and nearby cities and towns in greater Boston, Massachusetts.

About Tamela Roche, Realtor

 

 

 

©2020 Tamela Roche, all rights reserved.  Data Source:  MLS Property Information Network, Inc.