5 Year Arlington Market Review

Page 1

Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020

Single Family Listing Inventory on October 28

2016

2017

2018

2019

2020

Listing Units

20

24

29

26

16

Average Days on Market

35

27

66

51

31

Average List Price

$819,840.00

$910,712.46

$994,606.48

$994,207.62

$923,028.46

Average List $ / SqFt

$376.10

$360.35

$409.77

$437.39

$450.79

Approximate Absorption Rate

124.58%

93.40%

80.46%

92.63%

139.58%

Approximate Months Supply of Inventory

0.80

1.07

1.24

1.08

0.72

Listed (Year to Date)

2016

2017

2018

2019

2020

Listing Units (Taken)

298

281

303

299

287

Average Original List Price

$749,599.83

$805,367.21

$904,433.65

$933,496.87

$951,076.07

Average Original List $ / SqFt

$370.93

$399.14

$424.02

$435.91

$449.17

Went Pending (Year to Date)

2016

2017

2018

2019

2020

Listing Units (Went Pending)

263

251

263

263

262

Average List Price

$727,108.54

$774,989.59

$873,986.25

$902,884.02

$933,319.00

Average List $ / SqFt

$365.85

$396.85

$421.06

$426.76

$445.35

Average Days to Offer

16

16

14

21

15

Listed & Price Changed (Year to Date)

2016

2017

2018

2019

2020

Listing Units (Price Changed)

53

44

56

73

44

Average Original List Price

$865,650.92

$852,915.89

$973,371.41

$1,014,463.89

$984,540.64

Average Original List $ / SqFt

$365.99

$394.27

$418.01

$444.97

$451.89

Sold (Year to Date)

2016

2017

2018

2019

2020

Closed Units (Sold)

236

216

219

231

216

Average Days on Market

28

21

19

27

24

Average Days to Offer

18

15

14

21

18

Average Sale Price

$761,022.20

$809,122.07

$906,873.39

$936,485.10

$948,922.24

Average Sale $ / SqFt

$377.09

$415.44

$444.19

$439.03

$456.56

Average List Price

$740,001.89

$769,764.75

$867,423.27

$912,073.10

$922,846.69

Average List $ / SqFt

$364.80

$393.34

$422.39

$426.06

$441.48

Average Original List Price

$749,681.98

$775,034.66

$873,613.23

$925,004.33

$931,939.75

Average Original List $ / SqFt

$368.15

$396.01

$425.41

$431.57

$445.46

Average Sale Price as % of List Price

103.41%

105.39%

105.02%

102.99%

103.32%

Average Sale Price as % of Original List Price

102.54%

104.74%

104.36%

101.80%

102.43%

Average Sale Price as % of Assessed Price

N/A

N/A

N/A

N/A

N/A

Sold Units - Short Sale

0

0

0

0

0

Sold Units - Lender-Owned

0

0

0

0

0

12-Month Activity as of October 28

2016

2017

2018

2019

2020

Units Listed

324

300

322

322

303

Units Price Changed

58

49

57

79

46

Units Went Pending

303

280

299

295

296

Units Sold

299

269

280

289

268

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020

Condominium Listing Inventory on October 28

2016

2017

2018

2019

2020

Listing Units

9

16

23

21

40

Average Days on Market

57

30

41

39

37

Average List Price

$642,311.11

$685,556.25

$622,060.87

$575,819.05

$734,985.00

Average List $ / SqFt

$414.26

$457.92

$435.17

$473.06

$468.19

Approximate Absorption Rate

254.63%

118.23%

89.13%

86.51%

48.75%

Approximate Months Supply of Inventory

0.39

0.85

1.12

1.16

2.05

Listed (Year to Date)

2016

2017

2018

2019

2020

Listing Units (Taken)

286

242

260

243

270

Average Original List Price

$514,205.59

$543,779.07

$608,888.79

$649,016.44

$690,277.02

Average Original List $ / SqFt

$374.59

$424.64

$451.59

$467.00

$474.59

Went Pending (Year to Date)

2016

2017

2018

2019

2020

Listing Units (Went Pending)

254

221

227

209

220

Average List Price

$511,266.13

$528,926.41

$592,070.42

$644,213.85

$674,256.82

Average List $ / SqFt

$376.73

$418.25

$450.12

$464.01

$469.81

Average Days to Offer

13

12

12

16

18

Listed & Price Changed (Year to Date)

2016

2017

2018

2019

2020

Listing Units (Price Changed)

33

21

35

51

59

Average Original List Price

$613,845.52

$589,633.33

$607,620.00

$685,774.49

$786,606.69

Average Original List $ / SqFt

$384.33

$418.94

$460.95

$471.11

$467.19

Sold (Year to Date)

2016

2017

2018

2019

2020

Closed Units (Sold)

234

185

197

170

182

Average Days on Market

25

19

18

24

26

Average Days to Offer

13

12

12

17

18

Average Sale Price

$525,583.28

$576,024.76

$617,504.51

$648,645.69

$693,284.89

Average Sale $ / SqFt

$387.40

$443.30

$477.02

$472.99

$483.33

Average List Price

$504,797.00

$544,655.60

$583,689.78

$631,554.68

$677,510.44

Average List $ / SqFt

$372.11

$417.04

$449.50

$459.95

$472.49

Average Original List Price

$507,480.33

$546,796.68

$585,934.95

$636,691.16

$684,124.15

Average Original List $ / SqFt

$373.88

$418.55

$451.21

$463.35

$476.50

Average Sale Price as % of List Price

104.31%

106.36%

106.13%

102.84%

102.35%

Average Sale Price as % of Original List Price

103.90%

106.04%

105.76%

102.13%

101.51%

Average Sale Price as % of Assessed Price

N/A

N/A

N/A

N/A

N/A

Sold Units - Short Sale

0

0

0

0

0

Sold Units - Lender-Owned

0

1

2

0

1

12-Month Activity as of October 28

2016

2017

2018

2019

2020

Units Listed

311

268

280

264

286

Units Price Changed

37

26

39

56

61

Units Went Pending

285

241

258

238

250

Units Sold

275

227

246

218

234

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020

Single Family

Solds / Year

2016

2017

2018

2019

2020

List Price

$740,001.89

$769,764.75

$867,423.27

$912,073.10

$922,846.69

Original List Price

$749,681.98

$775,034.66

$873,613.23

$925,004.33

$931,939.75

Sale Price

$761,022.20

$809,122.07

$906,873.39

$936,485.10

$948,922.24

Solds / Year

2016

2017

2018

2019

2020

List $ / SqFt

$364.80

$393.34

$422.39

$426.06

$441.48

Orig. List $ / SqFt

$368.15

$396.01

$425.41

$431.57

$445.46

Sale $ / SqFt

$377.09

$415.44

$444.19

$439.03

$456.56

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020

Single Family

Solds / Year

2016

2017

2018

2019

2020

Days on Market

28

21

19

27

24

Days to Offer

18

15

14

21

18

2016

2017

2018

2019

2020

236

216

219

231

216

53

44

56

73

44

Units Taken

298

281

303

299

287

Units Went Pending

263

251

263

263

262

2016

2017

2018

2019

2020

324

300

322

322

303

Category / Year Units Sold Units Price Changed

Category / Year Units Listed Units Price Changed

58

49

57

79

46

Units Sold

299

269

280

289

268

Units Went Pending

303

280

299

295

296

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020

Condominium

Solds / Year

2016

2017

2018

2019

2020

List Price

$504,797.00

$544,655.60

$583,689.78

$631,554.68

$677,510.44

Original List Price

$507,480.33

$546,796.68

$585,934.95

$636,691.16

$684,124.15

Sale Price

$525,583.28

$576,024.76

$617,504.51

$648,645.69

$693,284.89

Solds / Year

2016

2017

2018

2019

2020

List $ / SqFt

$372.11

$417.04

$449.50

$459.95

$472.49

Orig. List $ / SqFt

$373.88

$418.55

$451.21

$463.35

$476.50

Sale $ / SqFt

$387.40

$443.30

$477.02

$472.99

$483.33

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


Arlington, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020

Condominium

Solds / Year

2016

2017

2018

2019

2020

Days on Market

25

19

18

24

26

Days to Offer

13

12

12

17

18

2016

2017

2018

2019

2020

234

185

197

170

182

33

21

35

51

59

Units Taken

286

242

260

243

270

Units Went Pending

254

221

227

209

220

2016

2017

2018

2019

2020

311

268

280

264

286

Category / Year Units Sold Units Price Changed

Category / Year Units Listed Units Price Changed

37

26

39

56

61

Units Sold

275

227

246

218

234

Units Went Pending

285

241

258

238

250

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF


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