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 2018 residential tax rate = 12.13%.
Sources: U.S. Census Bureau 2010-2014; Town of Arlington, MA; MLS Pinergy®
Residential Home Sales: Arlington, MA
Comparison of Homes Sold
Year End 2016 & 2017 (January 1 – December 31) and 2018 Year To Date as of September 30, 2018
| # Sold | Avg. Sale $ | Median Sale $ | SP:OP | |
| Condo | ||||
| YE 2016 | 273 | $527,623 | $510,000 | 104% |
| YE 2017 | 234 | $573,970 | $570,000 | 105% |
| YTD 2018 | 178 | $612,528 | $601,000 | 106% |
| Single Family | ||||
| YE 2016 | 286 | $751,418 | $709,750 | 103% |
| YE 2017 | 277 | $801,837 | $750,000 | 104% |
| YTD 2018 | 201 | $909,203 | $820,000 | 105% |
| Multi-Family | ||||
| YE 2016 | 42 | $856,643 | $856,250 | 101% |
| YE 2017 | 37 | $902,746 | $891,000 | 107% |
| YTD 2018 | 34 | $1,062,192 | $1,037,500 | 111% |
SP:OP = Sales Price to Original Price Ratio. Data Source: MLS Pinergy®
©2018 Intellectual property of Tamela Roche, all rights reserved.
Residential Inventory: Arlington, MA
Year End 2016 – 2017 Comparison of Homes Listed for Sale (January 1 – December 31)
| YE 2016 | YE 2017 | % Change | |
| Condo: | 312 | 262 | - 16 % |
| Single-Family: | 317 | 300 | - 5 % |
| Multi-Family | 53 | 37 | - 30 % |
Data Source: MLS Pinergy®
©2018 Intellectual property of Tamela Roche, all rights reserved.
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