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 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

# SoldAvg. Sale $Median Sale $SP:OP
YE 2016273$527,623$510,000104%
YE 2017234$573,970$570,000105%
YTD 2018178$612,528$601,000106%
Single Family
YE 2016286$751,418$709,750103%
YE 2017277$801,837$750,000104%
YTD 2018201$909,203$820,000105%
YE 201642$856,643$856,250101%
YE 201737$902,746$891,000107%
YTD 201834$1,062,192$1,037,500111%

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 2016YE 2017% Change
Condo:312262- 16 %
Single-Family:317300- 5 %
Multi-Family5337- 30 %

Data Source: MLS Pinergy®
©2018 Intellectual property of Tamela Roche, all rights reserved.

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