Market reports can tell you a lot about the condition of a local market. They may shift continuously, so it is useful to stay current if you are looking to purchase or list in Arlington. The full year 2016 Arlington MA single family market statistics in this blog details up-to-date figures.
Single Family Property Prices in Arlington MA
Selling prices provide a general indication of the market. The average sale price of single family homes in Arlington MA for the full year 2016 was 750550. For the prior year, that figure was $691,012. This represents a 8.62 % change. Two years ago, it was $664,925.
| 2016 |  $750,550 |
| 2015 | $691,012 |
| 2014 | $664,925 |
Arlington MA Market Volume
Looking at listing volume can provide insight on the housing market. Few sales typically result from little inventory, which could lead to pent up demand and escalate market values. This is typically present in a sellers market. On the other hand, high inventory may cause a surplus. Buyers may receive the advantage in this scenario as sellers will vie for fewer potential buyers.
In Arlington MA for the full year 2016, the listing volume was 286. This represents a -25.33% difference from the previous year (which was383). Before that, it adjusted 39.78% from 274 to 383.
| 2016 | 286 |
| 2015 | 383 |
| 2014 | 274 |
Arlington MA Average Marketing Time for the Full Year 2016
Average marketing timetell you the length of time it takes for a home to go under agreement. It can you offer an indication of how hot the market is and what advantage, if any, you could have as a seller or buyer. When properties are selling in a short time period, as a prospective home buyer, you might not have the benefit of waiting delaying a decision as the listing might be taken by another buyer. As a home seller, it is critical to keep fair expectations on how fast you can find a buyer. Do not forget that the listing price and curb appeal of an individual house may impact that as well.
The Average marketing time in Arlington MA for the full year decreased -12.5% from 32 to 28. During the previous period, it moved 39.13% from 23 to 32.
| 2016 | 28 |
| 2015 | 32 |
| 2014 | 23 |
Full Year 2016 Arlington MA Single Family Market Statistics
For more full year 2016 Arlington MA single family market statistics or reports for other neighborhoods, please contact John Montanaro , Broker Owner at Renaissance Realty This information was extracted from the Mass. MLS Property Information Network, Inc. It is intended to provide a general understanding of the real estate market, is not guaranteed accurate, and may not include each single family transacted in Arlington.
