Arlington MA: Monthly Real Estate Market Update - March 2024

A summary of Arlington Real Estate Market activity and insights for the past month:

The Arlington, MA real estate market in March 2024 has witnessed significant growth compared to the previous year:

Single-Family Homes: The number of available homes for sale has increased compared to the previous year. This suggests a healthy supply of properties, providing more options for potential buyers. Homes are spending less time on the market before being sold. This shorter duration indicates strong demand and competitive conditions. The average price at which homes are listed has risen. This upward trend reflects growing confidence in the market and potentially higher property values.

Condominiums: The number of available condominiums for sale has increased compared to the previous year. Condos are spending less time on the market before being sold. There have been notable changes in condo prices, with an overall upward trend. The number of condos sold has also seen positive growth, reflecting a robust market.

Multi-Family Homes: There has been a decrease in the number of available multi-family homes for sale compared to the previous year. This suggests a potential tightening of supply. Despite the reduced inventory, the number of multi-family homes sold has increased, indicating continued demand in the market. The average list price for multi-family homes has risen significantly, which could benefit sellers. However, the average sale price as a percentage of the list price has slightly decreased, suggesting some negotiation room for buyers.

Interested? Stay informed, whether you're buying, selling, or just browsing.

Click below for a more detailed Arlington Real Estate Market activity and insights for the past month:

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