What is the condo market in East Arlington doing these days?

jess
Both Buyer and Seller
Boston, MA

We own a 1000 sq foot 2bd/1 bath condo and are thinking of moving to a single family, but it depends on what this condo could bring us for a down payment. The condo is nicely updated on a great street and lot. What is the trend overall for the condo market? Thanks!

Answers (1)
Mark Madden | T...
Agent
Watertown, MA
FIRST ANSWER

Hi Jess, thank you for your question:

The condominium market in Arlington has actually been doing pretty well. Currently there are 41 condos on the market in Arlington. These listings are averaging 103 days on market and a listing price of $369,773.

In the last 3 months (Oct-Dec) there have been 30 condominium sales in Arlington. They are selling at an average of $367,067, which is 95% of the original list price. The average sales price is up $11,804 since last year during the same period of time ($355,263).

If you are ready to move into a single family home, it may be a great opportunity for you to sell your condominium at a great price and possibly find a great "deal" on a single family home. I would love the opportunity to sit down with you to discuss these market statistics further and possibly the market statistics of single-family homes in communities of interest so that you can see the great advantages of selling now.

Thanks again for your question and Happy New Year!

Wed Dec 31 2008, 13:30

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